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Premium Retail 2021-05-21T12:45:33Z
Collin Wallace-Grubhub

This entrepreneur sold his food-ordering tech to Grubhub one decade ago, and worries now he helped the company exploit restaurants. Older and wiser, he's created a startup that puts restaurants back in control.

Collin Wallace, CEO of ZeroStorefront, says the delivery industry has evolved to generate growth at all costs, often at the expense of restaurants.
Retail 2021-05-21T13:37:15Z
ronald mcdonald ballon Mcdonald's

McDonald's was just hit with another racial-discrimination lawsuit seeking $10 billion over ad spending

McDonald's announced plans to more than double its spend with Black-owned media on Thursday, the same day the lawsuit was filed.
Premium Retail 2021-05-21T17:42:30Z
Milk Tasting Oatly

Experts predict a fundraising feast for plant-based companies looking to go public after Oatly's IPO sees investor appetite

Oatly's shares rose up to 34% on Thursday. Analysts said that performance makes going public more appealing for other plant-based brands.
Retail 2021-05-22T15:48:42Z

Papa John's is giving away 10,000 slices of pizza to celebrate Bitcoin Pizza Day. The fast-food chain explained the reasoning behind the giveaway.

Bitcoin Pizza Day's origins trace back to a purchase of Papa John's pizza made by Laszlo Hanyecz. The chain wanted to celebrate its connection to the story.
Premium Retail 2021-05-22T13:00:00Z

A weird combination of factors, including a lack of CO2, contributed to a year-long SodaStream shortage, where customers scrambled to stock up on canisters

Owners of the sparkling-water device were limited in their purchases. Many turned to Reddit for answers — we asked experts what happened.
Retail 2021-05-22T13:00:00Z

Why Japanese eel can cost over $90

People in Japan have eaten eel for thousands of years. When it's prepared in the kabayaki style it can cost over $90. Despite the price of eel, demand remains high.
Retail 2021-05-22T12:18:00Z

The pandemic might have saved brick-and-mortar shopping as restrictions lift and customers head back to stores

Some of the country's biggest retailers, including Target and Walmart, said this week that sales are strong and shoppers are embracing in-person shopping.
Premium Retail 2021-05-22T11:44:00Z

A man has sold over $23,000 worth of trash this year through his dumpster-diving side hustle. Here's how he finds unwanted treasures and flips them online for a high profit.

Chris Hatfield's dumpster-diving side hustle is so lucrative that he is considering making it his full-time career.
Retail 2021-05-22T11:12:19Z

Victoria's Secret is experiencing a major comeback after years of declining sales — and Wall Street is salivating

Same-store sales were up 9% for the first three months of 2021 versus 2019 for the Victoria's Secret brand, boosting Wall Street expectations.
Retail 2021-05-22T10:30:00Z

Noodles and Company has opened its first ghost kitchen, which only cooks food for delivery and collection, as its digital orders more than doubled during the pandemic

Noodles and Company said the ghost kitchen would let it expand the brand without the real estate and labor costs of a traditional restaurant.
Retail 2021-05-21T20:00:00Z

Forecast eCommerce trends predicted for Amazon will beat expectations in 2021

Amazon sales blew past our pre-pandemic expectations for 2020, and it will beat total sales expectations again in 2021.
Retail 2021-05-21T19:54:34Z

Nike is working with US border enforcement to crack down on counterfeit sneakers

US Customs and Border Protection announced Thursday that it will be accepting technology from NIKE to stop counterfeit shoes from entering the US.
Retail 2021-05-21T19:13:01Z

Shake Shack is giving away free French fries if you show your vaccine card

Shake Shack previously announced its "Get vaxxed, get Shack" promotion for New York City locations and is now extending the deal nationwide.
Retail 2021-05-21T18:30:00Z

A sommelier explains how 'barnyard' can be an attractive aroma in wine

Sommelier Sara Lehman uses "barnyard" to describe an aroma found in some wines. Here's what it means and how it can be an attractive quality in wine.
Tech 2021-05-21T17:41:28Z

Business leaders like Snap's Evan Spiegel and Barry Diller are conflicted about the App Store as Tim Cook takes the stand

"Fortnite" maker Epic Games sued Apple after it was booted from the App Store for attempting to circumvent paying commissions to Apple.
Premium Retail 2021-05-21T16:20:03Z

An Airbnb host says he raked in $69,000 in bookings this summer for his 8-bedroom Wisconsin 合约数字币和虚拟币home before he even furnished the place

Demand has been sky-high for short-term rentals, leaving platforms desperate for more supply, especially in locations with lots of outdoor activities.
Premium Retail 2021-05-21T16:14:46Z

An eBay exec explains why NFTs are the natural next step in winning over the next generation of collectors, even as the once-blazing market cools down

The NFT market has showed initial signs of slowing down. But eBay is still betting on a bright future for digital collectibles on its platform.
Retail 2021-05-21T15:00:00Z

MOBILE ORDER-AHEAD AND DELIVERY: How leading payments facilitators can help restaurants tap into industry demand and win volume

This report scopes the digital ordering opportunity and explains why it's ripe for payments providers if they work to seize the current momentum.
Retail 2021-05-21T14:53:47Z

Petco's CEO says the company can barely keep up with demand for training and grooming services after millennials and Gen Z bought 11 million new pets last year

More pet owners has meant higher demand for pet supplies, and the time at 合约数字币和虚拟币home meant people started looking for ways to pamper their animals.
Retail 2021-05-21T13:47:19Z

After a series of scaldings, Ikea is recalling 159,000 dishes, plates, and mugs

Shoppers are advised to stop using the recalled items and return them to an Ikea store for a refund, the US Consumer Product Safety Commission said.
News 2021-05-21T13:35:43Z

Amazon shut down construction at a Connecticut facility after several nooses were discovered inside the building, and is offering a $100,000 reward for information

Amazon said it was "deeply disturbed" by the discovery of several nooses at its site over an almost monthlong period. The FBI is helping investigate.
Retail 2021-05-21T13:30:13Z

Amazon plans to shut down its Prime Now 2-hour delivery app and move the service to its main site

Two-hour grocery deliveries will be available through Amazon Fresh or Whole Foods on the main site. Users can also order through third-party stores.
Retail 2021-05-21T10:07:27Z

A judge ruled that MyPillow CEO Mike Lindell could keep his address secret, after Lindell's lawyers said someone repeatedly threatened to decapitate him

One person repeatedly rang MyPillow's call center and detailed a plan to kidnap and decapitate CEO Mike Lindell, according to a legal filing.
Healthcare 2021-05-20T21:31:53Z

Oregon will require businesses to verify vaccination before letting customers drop masks

Several companies, including Costco and Trader Joe's, are relying on the honor system. Oregon's new mandate is avoiding this route.
Tech 2021-05-20T20:48:22Z

Snap just unveiled new AR Spectacles glasses with built-in screens

Snap's next-generation Spectacles are the company's first glasses to use augmented reality — but they're not for sale.
Science 2021-05-20T20:30:06Z

How heart disease created America's wine industry

For decades, red wine has been the "healthy" alcohol, set on a pedestal against its contemporaries. But, is red wine actually good for you?
Retail 2021-05-20T20:12:41Z

Snapchat's newest shoppable feature lets you browse clothing by scanning pictures of your favorite outfits

Snap is unleashing a new e-commerce feature with Screenshop, which it likens to having "a personal shopper right in your Camera."
Premium Advertising 2021-05-20T20:06:15Z

Affirm is planning a new ad campaign to stand out from rivals in the crowded buy now, pay later category

With its rebrand, it's trying to stay competitive in a category that's growing as people shop more online.
Retail 2021-05-20T19:15:57Z

Google is opening its first permanent retail store in New York City this summer

The store will also have repair services similar to Apple's Genius Bar, Google says. The new store will open this summer in Chelsea.
Retail 2021-05-20T19:03:26Z

A surge in cardboard demand is causing a supply squeeze for box makers amid the online-shopping boom

The spike in online shopping during the pandemic has resulted in unprecedented demand for corrugated cardboard.
Premium Advertising 2021-05-20T18:06:43Z

Anheuser-Busch InBev has amassed data on 2.5 billion consumers and is using it to get around new ad targeting challenges, growing sales as much as 80%

Using its first-party data in advertising tests has led to sales spiking as much as 80%, the company said.
Premium Finance 2021-05-20T17:10:07Z

How Blackstone turbocharged growth at oat-milk darling Oatly

Oatly shares were trading up around 30% on Thursday. The IPO marks a watershed moment for Blackstone's nascent growth equity business.
Retail 2021-05-20T16:28:13Z

A Pittsburgh ice cream shop couldn't find staff. Then it doubled its wage to $15 and was flooded with applications.

The co-owner of Klavon's Ice Cream Parlor said he was losing his best workers to other employers before he raised his shop's wage from $7.25 an hour.
Retail 2021-05-20T16:01:02Z

Panera Bread unveiled an overhauled design for all its new stores. They're 20% smaller than current cafes, and all have exposed ovens so you can watch the bread baking.

Panera Bread is rolling out a new restaurant design in November, with dual-lane drive-thrus, open bakery ovens, and digital menu boards.
Retail 2021-05-20T14:21:02Z

Masks off, lipstick on: The beauty industry is already showing early signs of a booming return for lip products now that the CDC has mostly lifted mask mandates

Lipstick sales took a nosedive during the pandemic because mask mandates made lip products impossible — or pointless — to wear.
Premium Retail 2021-05-20T13:39:33Z

Why barre fitness chain Physique 57 is going all-in on digital and pausing the rebuild of its brick-and-mortar business

Physique 57 ventured into on-demand video workouts nearly a decade before the coronavirus pandemic hit. Now it's a cult-favorite among celebrities.
Retail 2021-05-20T13:16:15Z

Goodwill stores have a message: Please stop donating trash

"If you wouldn't give it to your judgy mother-in-law, then don't donate it," one Goodwill franchise executive said.
Retail 2021-05-20T13:12:31Z

Macy's and Victoria's Secret owner are abandoning the dying American mall in a bid to boost sales

Both retailers are closing unprofitable mall-based stores and focusing on news locations.
Premium Retail 2021-05-20T12:55:00Z

Some Lush workers say the cosmetic retailer is trying to suppress a union drive in Canada — including intimidating supporters in other countries

Lush is known for its "ethical buying" standards, which include working with companies that are supportive of unions.
Retail 2021-05-20T12:48:00Z

Target posts strong Q1 earnings despite slowdown in digital sales

Target's total comparable sales grew 22.9%, likely as a result of rising COVID-19 vaccinations and stimulus payments.
Retail 2021-05-20T12:01:25Z

Victoria's Secret owner expects to spend up to $370 million splitting its company in two, plus an extra $80 million a year in expenses

L Brands said this month that it was abandoning plans to sell Victoria's Secret, and would instead spin off the brand, splitting its company in two.
Retail 2021-05-20T11:00:00Z

IHOP is launching a new chain called Flip'd, selling takeout pancakes in bowls. It's 'IHOP in fast-casual mode.'

Flip'd will serve a range of IHOP-style food, including new menu items designed for eating on-the-go, including burritos, wraps, and pancake bowls.
Retail 2021-05-20T10:17:55Z

People are flocking back to gyms as the CDC lifts mask restrictions, exec of gym chain Equinox says

Equinox's executive chairman, Harvey Spevak, told CNBC that Tuesday was the chain's busiest day of the pandemic.
Tech 2021-05-20T02:03:36Z

Amazon hit with 5 lawsuits from warehouse and corporate employees alleging discrimination and retaliation

"Amazon can no longer dismiss abusive behavior and retaliation by white managers as mere anecdotes. These are systemic problems," their attorneys said.
Retail 2021-05-19T22:02:00Z

5G will advance payments and mobile commerce

5G technology could bring about positive changes to the retail industry, as retailers seek to maintain their digital transformation efforts.
Premium Retail 2021-05-19T21:37:15Z

This supplement company pulled in $10.5 million in venture capital by selling turmeric and lichen chews instead of vitamin pills

Gem uses turmeric and lichen to make its supplement bites. Founder Sara Cullen said it's targeting customers conscious of high healthcare costs.
Retail 2021-05-19T21:15:47Z

I went to Walmart without a mask on the first day restrictions lifted, and I felt safe but self-conscious

Going inside Walmart without a mask felt strange, but not unsafe. Nearly the entire store was masked up.
Retail 2021-05-19T20:21:59Z

Gun and ammunition sales are booming as firearm background checks surge, and the CEO of Vista Outdoor says millennials and women are leading the charge

Gun sales are spiking as the pandemic shows signs of easing. In March, the FBI received more firearm background checks than ever before.
Retail 2021-05-19T19:44:45Z

Amazon will end its mask requirement for vaccinated employees in the US

Barring state-wide or local mask requirements, Amazon employees with a vaccine card will soon no longer have to mask up on the job.
Retail 2021-05-19T19:00:00Z

THE ONLINE GROCERY REPORT: The coronavirus pandemic is thrusting online grocery into the spotlight in the US — here are the players that will emerge at the top of the market

This report looks at the state of online grocery adoption before the shopping method became vital to many consumers amid the pandemic.
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