Tata Group To Buy $1.3 Billion Stake In Indian Online Grocer BigBasket
Tata Group To Buy $1.3 Billion Stake In Indian Online Grocer BigBasket
February 16, 2021  |  Retail

India’s Tata Group will buy a 68 percent stake in online grocer BigBasket for about 95 billion rupees ($1.3 billion), the TV network ET Now...

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Shuttered Venue Operators Hanging On Delayed $15 Billion SBA Grants
Shuttered Venue Operators Hanging On Delayed $15 Billion SBA Grants
February 16, 2021  |  Economy

A $15 billion Small Business Administration (SBA) grant program for companies in the business of live events has still not launched, The Wall Street Journal...

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Chicago-Based Restaurant Chain Bets On Future Of Delivery
Chicago-Based Restaurant Chain Bets On Future Of Delivery
February 16, 2021  |  Restaurant innovation

Amid the pandemic, brick-and-mortar-less restaurants have rapidly grown from a relatively niche concept to a widely adopted solution to changes in the industry. Quick-service restaurant...

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Bitcoin Trading Value Surpasses $50K For The First Time
Bitcoin Trading Value Surpasses $50K For The First Time
February 16, 2021  |  Cryptocurrency

Aggressive bitcoin trading over the past two-plus months has seen the digital currency’s price tag soar above $50,000 for the first time on Tuesday (Feb....

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Positive Developments In Retail Earnings, Marketing Strategies 
Positive Developments In Retail Earnings, Marketing Strategies 
February 16, 2021  |  Today In Data

Digital automotive marketplace CarGurus reported in its recent financial results that its revenues have almost completely recovered to pre-pandemic levels, while consumer goods company Newell Brands said that many of...

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CVS Boosts Q4 Revenue With Focus On COVID Testing, Vaccines
CVS Boosts Q4 Revenue With Focus On COVID Testing, Vaccines
February 16, 2021  |  Retail

CVS said on Tuesday (Feb. 16) that it is re-entering the Obamacare health plan market next year, and that its multi-pronged response to COVID has...

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Are We On The Cusp Of Roaring ’20s Retail Rebound Or A Long, Challenging Slog?
Are We On The Cusp Of Roaring ’20s Retail Rebound Or A Long, Challenging Slog?
February 16, 2021  |  Retail

Given that consumer spending accounts for 70 percent of the U.S. economy, it’s safe to say the monthly reading on retail sales on Wednesday (Feb....

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Ace Hardware Reports 39.2 Pct Jump In Revenues
Ace Hardware Reports 39.2 Pct Jump In Revenues
February 16, 2021  |  Retail

Ace Hardware Corporation reported on Tuesday (Feb. 16) as part of its financial results that revenues jumped 39.2 percent from Q4 2019 to Q4 2020,...

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Will Rover SPAC Be Best Of Breed — Or A Howler?
Will Rover SPAC Be Best Of Breed — Or A Howler?
February 16, 2021  |  IPO

On Wall Street, one sign that things may be getting overheated — particularly when it comes to public listings — is when less traditional business...

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