In an unprecedented move, a venture-backed startup has quietly acquired more than 80 mom-and-pop retail stores across the United States. The venture-backed startup is known as Big Box, a retail chain with a unique business model. Rather than operating large, traditional stores that can take up retail space and be expensive to maintain, Big Box… Continue reading This venture-backed startup has quietly bought more than 80 mom-and-pop shops
Tag: retail
DoorDash expands retail delivery offerings with new Staples partnership
In an effort to expand its retail delivery offerings to customers, DoorDash announced a new partnership with retail giant Staples. The new arrangement will enable DoorDash to offer Staples products for delivery through its app and website. Previously, customers could only order meals and groceries through the app and website. But now, they’ll be able… Continue reading DoorDash expands retail delivery offerings with new Staples partnership
Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake
Walmart, the global retail giant, recently purchased Tiger Global’s remaining stake in Flipkart for an impressive sum of $1.4 billion. Flipkart is India’s biggest online player, having gained ground in the world’s second most populous nation over the past decade. Tiger Global is an American venture capital firm which invested in Flipkart back in 2009.… Continue reading Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake