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Boxed Raises More Than $100M In Funding

Grocery startup Boxed announced that it has raised $111 million in a new round of funding. The company had been in talks...

5.7K

Retail

The Changing Omnichannel Expectations Of Consumers

Traditional brick-and-mortar retailers are rolling out omnichannel options. To that end, Home Depot has been installing lockers in many of its locations to allow customers...

4.4K

Earnings

Kroger Beats Q1 Estimates Amid Restock Kroger

As Kroger cuts prices and tests out new ways to sell products with its Restock Kroger program, the grocer beat earnings estimates...

6.7K

Blockchain

Amex Experiments With The Blockchain To Deliver Richer Rewards

American Express is embracing the blockchain for it’s Membership Rewards program. The project comes with a big assist from Hyperledger — whose blockchain...

4.0K

Delivery

Boxed Launches Membership With Customer Rewards And Discounts

Boxed, known as the “Costco for millennials,” has launched its first paid-membership tier that will offer customers rewards and discounts. “All the...

6.6K

Retail

Kroger Expands Omnichannel Options With ‘Seamless Shopping’

Kroger’s fourth-quarter earnings were a mixed bag. While the grocer’s earnings fell in line with analysts’ estimates, its projected 2018 earnings disappointed...

4.1K

Partnerships / Acquisitions

Boxed Says ‘No Thanks’ To Kroger’s $400M Offer

After reportedly turning down Kroger’s $400 million acquisition offer, Boxed plans to seek a new funding round to stay private, Bloomberg reported....

4.6K

Retail

Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store

In the 1970s, the venerable The Great Atlantic & Pacific Tea Company (A&P) was losing market share. While Safeway expanded in the...

3.7K

Retail

Executive Departs Boxed Amid Sales Talks

As warehouse club-like eCommerce startup Boxed talks with potential buyers, the executive behind its fastest-growing business segment has left the firm. Behzad...

4.7K

Sizzle/Fizzle

Fizzle Of The Week: The Activist CFPB

It seems an era has drawn to a close at the Consumer Finance Protection Bureau (CFPB) as that under Mick Mulvaney, interim...

4.4K

Amazon Acquisitions

Is Amazon’s Next Target Warehouse Clubs?

Amazon is reportedly eyeing Boxed.com as an acquisition target, with Jeff Bezos inviting the company’s founder and CEO, Chieh Huang, to Amazon’s...

14.8K

Retail

Why Innovation Is Nothing Without Distribution

Charles Babbage is considered “the father of the computer.” But it was Lord Byron’s daughter, the mathematician Ada Lovelace, who wrote the...

5.4K

Retail

‘Costco For Millennials’ Attracts Big Investors

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post....