Advance Auto Parts is taking a hard look at how it moves goods, and the results could reshape its bottom line. Through a carrier contract rebid, the retailer expects to save tens of millions of dollars by squeezing inefficiency out of its transportation network. The move is part of a broader push to tighten supply […]
Sur La Table has entered the resale economy with a new peer-to-peer marketplace called Second Servings, built in partnership with resale technology platform Archive. The move places the kitchenware retailer alongside a growing list of brands that are turning secondhand goods into a formal sales channel rather than treating them as a side effect of […]
Flipboard has acquired Graze, a feed-building startup built on Bluesky’s decentralized network, in a move that pushes open social web monetization further into the spotlight. Graze is known for letting creators and communities build custom feeds while layering in privacy-friendly advertising and monetization tools. By folding Graze into its own ecosystem, Flipboard is betting that […]
Big box retailers are finding new ways to put tariff refunds to work, and the strategies vary widely. Walmart has committed a substantial refund toward price cuts, while Target is preparing for further reimbursements down the line. Meanwhile, Home Depot and Lowe’s are using their returned funds to offset rising costs elsewhere in their operations. […]
Bath & Body Works is doubling down on its retail investment strategy even as quarterly sales cool. The company’s leadership recently confirmed that the coming year will continue to be defined by spending on transformation rather than a pullback, a stance that raises eyebrows in a retail environment where many chains are tightening budgets. For […]
Self-driving truck funding just hit a new milestone. Gatik, a startup focused on short-haul autonomous delivery, closed a $200 million round following its partnership with PepsiCo. The raise, Gatik’s largest to date, was led by Qatar Investment Authority and Koch Disruptive Technologies, two backers with deep pockets and long investment horizons. Why This Self-Driving Truck […]
FedEx is doubling down on its healthcare shipping business, and cold chain logistics sits at the center of that strategy. According to reporting on comments from the carrier’s healthcare leader, Nick Gennari, the company plans to grow its temperature-controlled network while working to win over more pharmaceutical shippers. For an industry giant already competing on […]
The athletic footwear marketplace is going through a rough patch, and Foot Locker is feeling it most. Since Dick’s Sporting Goods completed its acquisition of the mall-based sneaker chain, the parent company has had to shore up a business that depends heavily on hype-driven launches and retro releases. With fewer marquee drops hitting shelves and […]
A notable nutrition startup merger just landed, and it says a lot about where the health and wellness market is heading. Berry Street, a US-based nutrition startup, is joining forces with Healthify, an India-based nutrition platform, in response to the rapid rise of GLP-1 medications. The combined company will be led by co-CEOs Noah Kotlove […]
Archer-Daniels-Midland is putting real money behind its bet on rising demand for crushed oilseeds. The company has announced a $100 million oilseed crush expansion across four of its US processing plants, a move that signals confidence in long-term demand for soybean and canola-derived products. For an industry watching every capital decision closely, this investment is […]
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