Etsy shares increase 18% after the company reported more than $1 billion in gross merchandising sales (GMS) during its latest quarter. Revenue was $136.3 million versus the $132.5 million Thomson Reuters consensus estimate, growing 23.6 percent year over year. Etsy is the global marketplace for unique and creative goods. It’s home to a universe of special,…
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McDonald’s has rekindled its relationship with Disney after more than a decade since their collaboration served ties. The two companies went separate ways during a time when childhood obesity rates were on the rise, leading to a widespread concern regarding the number of calories being served in children’s meals at fast food restaurants. McDonald’s is…
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For the first time in 2017, Starbucks has more US locations than McDonald’s. Starbucks has reached the success that they currently have by the ascending high- and low-end rival competition. New experienced traffic trends have sparked worries since it was opening too many stores, but now the first Reserve store is being opened at the…
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After wondering why glasses weren’t sold online, Neil Blumenthal, David Gilboa, Andy Hunt, and Jeff Raider created the idea of Warby Parker. It has now been 8 years since the online retail store went live. The digitally native eyewear retailer plans to have nearly 100 stores open across the United States by the end of this…
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Some of the biggest names in the restaurant industry came together in Florida for the Food Network’s South Beach Wine & Food Festival. The beloved burger bash was hosted by Food Network personality Guy Fieri and many famous guest judges. The festival has raised more than $26 million for Florida International University’s school of hospitality…
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At DDC Group Inc, we know WHAT we do, being the #1 Retail and Restaurant General Contractor company takes daily hard work and cooperation from all the people that are part of it. But the truth is that what really motivates from doing what we do, is the WHY. Each singular project we work on…
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It is not a secret that e-commerce sales are growing fast in the US, but physical stores will always play a pivotal role in a retailer’s overall strategy, Target CEO Brian Cornell told CNBC on Thursday. “The winning retailers of the future are going to combine great physical assets with the ease that comes along with that digital…
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After recently receiving better than expected fourth-quarter earnings, Shake Shack is getting ready for a massive expansion in 2018. Shake Shack currently has several locations across the U.S., Bahrain, Japan, Kuwait, South Korea, and several other countries. The CEO of Shake Shack, Randy Garutti, recently announced in a statement that they “delivered another year of robust…
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One of the most powerful acquisitions will take place next month. Albertsons is currently working on a multi-billion dollar deal with Rite Aid to become a leader in the food, health, and wellness sector. With $5,000 of Joe Albertson’s own money and a $7,500 loan from his wife’s aunt, Albertsons opened their first store with new…
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Here is the concluding restaurants from our continuing list of America’s 40 upcoming fast-casual restaurants that have taken the restaurant industry by storm. These young restaurants have shown outstanding qualities that have helped in their growth in the restaurant industry. Their chef-driven menus, premium hospitality, and high-quality ingredients have qualified them for the success that…
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