As Amazon’s pricing policy is probed, it is testing a new control program for select third-party products that would offer sellers a minimum profit in exchange for allowing Amazon to cut prices at will, CNBC reported on Thursday (Aug. 8). Get the Full Story Complete...
Afterpay, the leader in “buy now, pay later” payments, said in a press release that its second bi-annual two-day sale, Afterpay Day, will take place Aug. 14-15. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Food trucks have been around since the 1970s, when taco trucks began making the rounds in New York City, but didn’t become a national sensation until 2008 when two events coincided in such a way as to make a long extant — but largely niche...
Some entrepreneurs are inspired to start eco-conscious companies because of their personal experiences: Bite Toothpaste Bits Founder and CEO Lindsay McCormick, for instance, was traveling all the time for work and was going through all of the little travel toothpaste tubes. “It just seemed so...
The need for food delivery keeps pushing the edge of retail innovation – and could even lead to crowding on sidewalks and competing for room with pedestrians and rented scooters – as Postmates plans to test delivery robots in San Francisco. Get the Full Story...
To tap growth in a place where coffee consumption per capita is said to be low compared to international standards, Nestle began to offer coffee that is Starbucks-branded in mainland China. The company started to sell products with the Starbucks label in February in Asia,...
After its parent company announced plans earlier this year to close 200 stores in the United Kingdom, Walgreens is looking to shutter 200 locations in the United States. The pharmacy chain aims to save $1.5 billion by fiscal 2022 in annual expenses, CNBC reported. Get...
Reliance Industries in India has aligned with U.S.-based luxury jeweler Tiffany & Co to open a line of stores in the country, Reuters reported on Wednesday (Aug. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The company that makes Arizona Iced Tea is getting into the marijuana business, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...