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 […]
Walmart is doubling down on speed, rolling out 30-minute delivery to more of its shopper base even as it tacks on extra fees for the privilege. According to retail executives, customers are not flinching at the added cost. Instead, they are choosing the fastest option available, a signal that convenience has become as important as […]
Flipkart’s quick commerce growth is turning heads across India’s retail landscape. Two years after Walmart’s e-commerce arm entered the fast-delivery race, its daily order volume has climbed to somewhere between 1.1 million and 1.2 million, nearly tripling what it was handling last November. That kind of jump does not happen by accident, and it says […]
The long-running trade dispute between Washington and Ottawa has taken a sharp turn now that steep Canada import tariffs have officially taken effect. Negotiators failed to reach a deal before the weekend deadline tied to the Section 338 levies, leaving a 50% duty in place on a wide range of goods crossing the northern border. […]
Michaels has rolled out a new digital frame builder that lets shoppers use 3D and augmented reality tools to see exactly how a custom frame will look before they buy it. Instead of guessing whether a mat color or frame finish will match their living room, customers can now preview the finished product virtually, right […]
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