India-based car rental startup Zoomcar recently raised $92 million in a sale of shares or bonds to pre-selected investors and institutions, according to a Tech in Asia report Tuesday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
If Sweetgreen had a reputation for being a little pricy before, it now boasts a price tag of up to $2.7 billion. The Culver City, California-based salad chain, which own and operates 140 restaurants across 13 states and Washington, D.C., announced that it is seeking...
The International Trade Centre (ITC) and Alibaba.com will team up for an initiative to help micro, small and medium enterprises (MSMEs) bolster international exports and sustainability, according to a Tuesday (Nov. 9) press release. Get the Full Story Complete the form to unlock this article...
Amid the pandemic in 2020, U.S.-based retailers said they would close more than 10,700 stores, some of the starkest evidence of COVID-19’s impact on the economy and consumers’ accelerated shift to shopping online. Get the Full Story Complete the form to unlock this article and...
When Facebook announced its rebranding to Meta Platforms, many people were left wondering what the metaverse is, leading to a spike in Google searches for the term at the end of October. But for brands and retailers, plans to capture consumers’ attention — and dollars...
Macy’s, Inc., on Tuesday (Nov. 9) announced it will be raising its minimum wage for employees to $15 per hour as part of a corporate benefits package that will also include debt-free tuition and raises for employees at all levels of the company. Get the...
Secondhand marketplaces thredUP and The RealReal say they have been immune thus far from the higher prices and tangled supply chains plaguing many other retailers and brands heading into the holiday shopping season, though shipping costs and staffing levels remain a challenge. Get the Full...
Discount clothing retailer Primark plans to increase the number of U.S. locations from 13 to 60 within the next five years, according to a Financial Times report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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