Target is the latest national retailer to roll out the ability for customers to pay with their SNAP (Supplemental Nutrition Assistance Program) benefits when shopping for groceries online. While the payment method has long been accepted in stores, online grocery retailers offering curbside pickup and delivery programs have only more recently begun to support the […]
Founded 10 years ago, Konvy is now Thailand’s top beauty e-commerce platform. It plans to accelerate its omnichannel and international distribution with a new Series A of $10 million from Insignia Ventures Partners. Konvy was launched in 2012 by Chinese entrepreneur QingGui Huang, who previously managed fashion e-commerce platforms in China. It now works with […]
In the traditional business-to-business world, sellers often don’t know how much of a product they should order. Even at well-run companies, anywhere from 20% to 30% of inventory is either dead (i.e. doesn’t sell) or obsolete, according to one source. The impact on profitability can be quite severe. Dead stock costs sellers and manufacturers as […]
