Some entrepreneurs are inspired to create businesses stemming from their jobs. Wesley Rankin founded HiveBoxx, which rents out durable plastic boxes, based on his own experience at work. As a real estate agent, he noticed a “great opportunity to improve the moving experience,” Rankin told...
As J.Crew seeks to keep up the momentum of its Madewell apparel business, among other priorities, the retailer is exploring an initial public offering (IPO) for the brand. The offering could happen in the back half of this year, CNBC reported. J.Crew Interim CEO Michael Nicholson...
To help merchants sells products to markets in Africa, DHL is rolling out its DHL Africa eShop app. The service is said to bring over 200 U.K. and U.S. retailers online in markets across Africa, according to reports. The platform is in markets such as...
Rite Aid said it will no longer sell electronic cigarettes amid what it calls an “epidemic” of teen vaping, and that it will start selling cannabidiol (CBD) products in Washington and Oregon, according to a report by CNBC. Chief Operating Officer Bryan Everett told analysts...
The appeal of a subscription service like MoviePass is obvious. Movie tickets are expensive: The average price of a ticket for a non-matinee in 2018 was $9.11, and as a result most Americans don’t go to the movies all that often — fewer than 10...
Amid its endeavors in robotic technology, Amazon has reportedly bought Canvas Technology. The Colorado-based startup, which was started in 2015, has offered such devices as a fully autonomous cart system, according to reports. A spokesperson said in a statement per the outlet, “We are inspired...
In an effort to keep physical retail relevant in the online commerce age, Walmart plans to revamp 500 of its U.S. brick-and-mortar locations. The refits are said to include wider aisles, self-checkouts and brighter lighting, Financial Times reported. Individual plans encompass a $173 million investment...
Stroll along certain streets in New Orleans (site of the PYMNTS bureau of slow and lost time), and you’ll come across one: A full-service, high-end bridal and wedding boutique. They are open to anyone, of course, but they remain a traditional stop for brides-to-be from...
Using the subscription business model, eCommerce innovators are connecting parents with plant-based meals through delivery services. Raised Real, for instance, provides food in pre-portioned and ready-to-steam packages, made with ingredients from sustainable and organic farms. The company provides “amazing nutrition” and “functional benefits,” Raised Real Co-founder...
