America’s last major video rental store chain has finally yelled “Cut!” on its brick-and-mortar operation. Family Video, which operates some 200 stores in 17 Midwest and Southern states, announced this week that it’s closing all physical locations after four decades in the business. Get the...
The U.S. economy should see a “meaningful economy recovery” in 2021 as vaccines battle the pandemic and fresh government stimulus kicks in, according to Chief Economist Jack Kleinhenz of the National Retail Federation (NRF). However, he doesn’t expect U.S. economic growth to return to pre-pandemic...
Warehouse club retailer PriceSmart, Inc. reported as part of its Q1 fiscal 2021 operating results that net merchandise sales climbed 7.7 percent to $838.4 million from $778.7 million in Q1 fiscal year 2020, according to an announcement. Get the Full Story Complete the form to unlock...
CarLotz, Inc. said on Friday (Jan. 8) that it has attained the needed green light from its shareholders, including the go-ahead from a supermajority of minority shareholders, to finish a proposed merger with blank-check company Acamar Partners Acquisition Corp., according to an announcement. Get the...
Legendary mid-20th-century management consultant W. Edwards Deming once said, “Inspection to improve quality is too late, ineffective, costly. Quality comes not from inspection, but from the improvement of the production process.” Things change, but Deming’s point is relevant. Get the Full Story Complete the form...
B2B FinTech startups have stepped into 2021 with a bang, as industry players raised more than $910 million in combined funding. Backers zeroed-in on a range of industries, including SMB banking and lending. And thanks to several nine-figure investment deals, BaaS, expense management, payroll and...
For many businesses, the sudden shift to a work-from-home model created chaos. Organizations large and small were forced to migrate to online and cloud-based solutions to keep operations moving, often with significant friction. Get the Full Story Complete the form to unlock this article and...
There’s no doubt that the small business community is facing a period of immense tribulation. In addition to navigating forced shutdowns and supply chain disruptions, business owners are now tasked with making some difficult decisions about how to keep their business alive, or whether to...
The Cyberspace Administration of China is considering a revamping of internet oversight regulations, rules that have not been updated in more than 20 years, according to a Reuters report on Friday (Jan. 8). Get the Full Story Complete the form to unlock this article and...
