As inflation rates continue to rise, retailers face the relentless challenge of providing consumers with more affordable price points for products they both want and need. But instead of calling a less expensive version of a brand name product a knockoff, a fake or a...
What was once old is new again (and again) as brands and consumers fully embrace the potential of preowned. The resale trend has been steadily growing for years, with preconceived notions about buying used first tempered with eBay’s early internet popularity. It continued as more...
One day left in the quarter. And then earnings season begins again in just a few short weeks. But even over the last several days, as March draws to a close, earnings for the December period continued to sway stock prices for the names in...
With online sportsbooks coming off a record Super Bowl in February and more states legalizing the practice at what seems like a monthly cadence, concerns are rising about the security of betting pay-ins and payouts on these apps and platforms. Market research firm Insider Intelligence...
Steer Technologies has completed a previously announced sale of 37.5% of its digital restaurant supply business. With the completion of this $18 million direct investment, the digital restaurant supply business has a post-money valuation of $47.14 million and is set to grow its subscription-based and...
As restaurants expand their grocery store offerings, White Castle is doubling down on branded beer. On Thursday (March 30), the quick-service restaurant (QSR) chain announced the launch of its second beer in partnership with Evil Genius Beer Company, dubbed “Main Character Energy,” following a previous...
Small and medium-sized businesses (SMBs) have somewhat of a reputation for being brick-and-mortar centric, but the truth is that many of their customers shop online, and they do so increasingly via mobile. This reinforces the fact that digital innovation is just as key for SMBs...
Polish eCommerce platform Allegro plans to launch its third-party marketplace in the Czech Republic this year. That will be the first step in the firm’s plan to expand its marketplace model internationally, having shown in the Polish market that it can deliver both value and...
China’s Alibaba Group is reportedly planning to take its logistics business public. The tech giant is in discussions with banks for an initial public offering (IPO) for its Cainiao Smart Logistics Group on the Hong Kong market, Bloomberg News reported Thursday (March 30), citing people...