While much of the retail conversation over the past few years has centered on ecommerce and online marketplaces, one discount retailer is doubling down on a different strategy. Ross Stores is pushing forward with an aggressive brick-and-mortar expansion, adding nearly 50 new locations as part of a broader plan to open around 110 stores this […]
The pace of the current AI funding boom keeps producing headlines that would have seemed absurd a few years ago, but Corgi’s latest raise still manages to stand out. The insurance startup reportedly closed its third funding round in roughly eight weeks, pushing its valuation to $4 billion. For an industry as traditionally slow moving […]
Taiwan Semiconductor Manufacturing Company has announced another major commitment to the United States, pledging roughly $100 billion toward four new advanced chip facilities. This move brings the company’s total US footprint to twelve plants and marks one of the largest single investments in the semiconductor supply chain to date. For operators across manufacturing, freight, and […]
Tractor Supply just posted a rough second quarter, and the numbers tell a story that goes well beyond one retailer’s bad season. Softer pet product sales, customers squeezed by high fuel costs, and growing marketplace competition from Amazon combined to push the company into lowering its full year outlook. For small business owners watching the […]
ServiceNow has put $40 million behind BusinessNext, an Indian banking software specialist, valuing the company at $700 million. The deal gives BusinessNext a heavyweight strategic partner as it pushes to scale its AI-powered banking software beyond its home market. For anyone tracking where enterprise SaaS money is flowing, this is a clear signal that financial […]
Tractor Supply has struck a new partnership with Instacart to offer same-day delivery, joining a growing list of retailers that are rethinking how goods move from shelf to doorstep. The move is not an isolated experiment. It builds on a string of last-mile upgrades the rural lifestyle retailer has rolled out over recent months, suggesting […]
The proposed Destination XL merger with FullBeauty Brands has hit an unexpected roadblock. The company’s own board is now urging shareholders to vote against a share issuance proposal that is required to finalize the deal’s terms. That kind of internal pushback is rare and signals that not everyone at the top agrees the combination makes […]
Fresh venture money is flowing into construction project software, and the latest example comes from Cascade, a startup that just closed a $3.5 million seed round. The company is building tools to help construction firms find new projects and win more bids, a problem that has long been underserved by traditional software vendors. Backers on […]
The United States Postal Service has rolled out a new smart locker service aimed at local marketplace transactions. Branded Local XChange, the USPS smart locker service gives buyers and sellers a secure, contactless way to exchange packages without meeting in person. It is a notable move from the postal agency into a space typically occupied […]
GameStop’s growing eBay stake is turning heads across the retail and investment world. The gaming retailer now holds roughly 10% of the marketplace giant, double what it owned back in May when it first floated a massive offer to acquire the company. This move suggests GameStop is not backing away from its marketplace ambitions, even […]
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