Stitch Fix is leaning into personalized styling services as it aims to revolutionize the way customers shop. By combining advanced technology with human stylists, the online personal style platform delivers a convenient and tailored shopping experience that sets it apart from other retailers, Stitch Fix CEO Matt...
On the same day Amazon announced its Prime Big Deal Days event in October, Walmart announced Monday (Sept. 18) its own shopping event, Walmart Deals – Holiday Kickoff. The shopping event will run from 7 p.m. ET Oct. 9 through Oct. 12. With the rise...
Revolut Business has launched a solution for businesses that aims to address the difficulties surrounding cross-border payments. The feature, RevTags, is a free and instant global payments network available to businesses within the Revolut network, the global financial app for businesses said in a Tuesday (Sept....
Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth of shares. The company is in talks with banks to lead the sale, Reuters reported Monday (Sept. 18), citing unnamed sources....
Instacart has announced that it will be pricing its initial public offering (IPO) at $30 per share, which is at the high end of expectations. At this price, Instacart would have a fully diluted valuation of $9.9 billion, The Wall Street Journal (WSJ) reported Monday (Sept. 18). Its...
As the October resumption of federal student loan repayments approaches, the financial strain of repaying these loans is expected to have a significant impact on millennials’ overall well-being, particularly on their mental health. In the July “Consumer Inflation Sentiment Report: Back to School Means Back...
Marketing automation platform Klaviyo is aiming for a valuation of $9 billion when it goes public. The company on Monday (Sept. 18) estimated in a filing with the Securities and Exchange Commission that its initial public offering (IPO) price would be between $27 and $29, compared to the $25...
An estimated 260 million packages were stolen in the U.S. last year. That’s according to delivery company Arrive, which says it hopes to reverse that number, with the help of artificial intelligence (AI) and machine learning (ML) and its mailbox-as-a-service (MaaS) platform. The Indiana-based company...
As grocers look to capture more of consumers’ day-to-day spending than just their food budgets, one upcoming store is going so far as to offer a five-hole putting green. Supermarket operator Jackson Mitchell Holdings announced Friday (Sept. 15) that, next summer, it will open a...