Following news that Snap Chief Executive Evan Spiegel unveiled new strategic goals and acknowledged shortcomings with a recent design of its app in a memo, the social media company’s shares fell by 0.7 percent on Friday (October 5). The most recent decline comes as the...
To learn more about the workers who deliver items such as food and groceries through startups, the San Francisco Municipal Transportation Agency (SFMTA) is launching a survey. The poll seeks to find out how many couriers enter the city each day, what time they make...
To help get its messaging service before more doctors, a messaging app geared toward medical professionals has notched €4.5 million in funding. The service, which is called Siilo, lets this audience collaborate on patient care through a messaging app that is encrypted, according to reports....
Two-day shipping platform ShopRunner is reportedly planning to acquire Spring, an eCommerce startup that runs an online department store. Terms of such a deal are not yet clear, and both companies declined to comment on the news, Recode reported. Spring’s online store carries fashion items...
For many shoppers, Revolve is not quite a household name as of yet. The brand largely focuses on (and sells to) younger shoppers — particularly millennials and Gen Z. But among that rather critical shopper demographic, Revolve has found a powerful sweet spot, especially for...
In an effort to shrink its store footprint and shore up its balance sheets, Mattress Firm and its subsidiaries have filed for a voluntary Chapter 11 restructuring case. The company is seeking to implement a reorganization plan that includes a process for closing “economically inefficient...
Digitally native retailers are testing out temporary brick-and-mortar locations to drive consumer engagement — and allow their customers to experience some of their selections in real life. Two eCommerce retailers in particular — Wayfair and Brandless — are planning to reach consumers with pop-up shops...
Subscription services are finding a new home in brick-and-mortar stores. To that end, dental care startup Quip plans to sell its electric toothbrush starter sets at Target in hopes that shoppers will become future subscribers. Many consumers don’t practice good dental care habits, which CEO Simon...
Facing slowing growth in its online business in a competitive marketplace, Costco narrowly surpassed analyst’s expectations on Thursday (Oct. 4). Net sales reached $44.41 billion, while analysts had expected revenues of $44.27 billion, Reuters reported. Get the Full Story Complete the form to unlock this article...
