To provide an alternative to days-old bread that is baked off-site, startups are helping grocers bake bread within their own stores through interactive robots that do the heavy lifting. The BreadBot, which is a project of The Wilkinson Baking Company, is a fully automated breadmaking machine...
To take advantage of the freedom that the freelance lifestyle affords, workers with all sorts of talents and goals are tapping into the gig economy. These workers are completing tasks in order to fuel their passions or simply to provide supplementary income. Either way, many...
Before launching his own brand of specialty footwear for children, Super Heroic Founder Jason Mayden had a pretty solid gig in the shoe industry. He was a global design director at Nike and, by all accounts, was at the peak of his career when he...
To find ways to reduce costs and optimize its business, Chico’s FAS plans to study its operations and cut back on its store footprint. The retailer, which has more than 1,400 stores in the U.S. as well as Canada, is looking to shutter 250 stores...
There was a lot about CES in Las Vegas last week that was predictable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
To offer customers stylish and modern bath and body products, West Elm unveiled a new brand dubbed Water Street. The offering includes towels, hardware, lighting and vanity collections “that help our customers elevate the everyday,” the retailer said in a press release. Get the Full...
In a funding round led by funds such as BlackRock, on-demand delivery company Postmates has notched $100 million in investments. Glynn Capital and Tiger Global also led the round, along with other funds, to bring the company’s valuation to $1.85 billion, Forbes reported. Get the Full...
Some retailers enjoyed the fruits of improvements to their delivery services and brick-and-mortar stores with better-than-expected sales growth over the holidays, while other retailers found it harder to grow their sales. Retailers like Kohl’s reported growth that was weaker than previous years, while others such...
Stouffer’s has been a staple of American dinners for more than 96 years, since it was first established as a food and beverage company in 1922. The firm has changed a lot in that time – apart from the frozen and prepared foods for which...