Gopuff will be cutting 10% of its global workforce, along with shutting down dozens of warehouses, according to Bloomberg Tuesday (July 12). The delivery company is responding to signs that it expanded too fast over the course of the last few years of the pandemic....
With the $357 million sale of its joint venture portion to China Resources Holdings (CRH), a state-run partner, Tesco has finished its exit from China. The U.K. grocer had created the Gain Land venture with CRH in 2014, bringing together the 131 locations of the...
Faster is better in today’s tech-driven age. Consumers want what they want when they want it, and if a company doesn’t provide it fast enough, it’s likely engagement will be lost on that person. Given that most retailers are looking to maintain consumers, speed is...
While the retail industry continues to see its digital transformation, merchants from various industries are feeling the heat. No industry is safe — not even supermarkets. Grocery store Kroger has made the decision to cut its annual profit guidance forecast due to higher product costs than it...
August 15, 2016
Butcher, baker, beauty and style maker. Intuit and Revel are expanding their POS partnership and will now serve grocers and salons. Each vertical has specific needs that Intuit Payments Director John Shapiro says are well-served by a cloud-based POS system that syncs from PO to POS and back-office reconciliation.
July 12, 2022
Gopuff will be cutting 10% of its global workforce, along with shutting down dozens of warehouses, according to Bloomberg Tuesday (July 12). The delivery company is responding to signs that it expanded too fast over the course of the last few years of the pandemic. The cuts will affect around 1,500 staff members and will […]
February 25, 2020
With the $357 million sale of its joint venture portion to China Resources Holdings (CRH), a state-run partner, Tesco has finished its exit from China. The U.K. grocer had created...
June 30, 2017
Faster is better in today’s tech-driven age. Consumers want what they want when they want it, and if a company doesn’t provide it fast enough, it’s likely engagement will be...