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Postmates To Hire More Engineers As It Expands In The Seattle Area

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The company is boosting the number of engineers it is hiring in and around the Seattle, Washington area. The delivery company has nine openings for engineers around Seattle, according to a report in GeekWire , citing job listings at Postmates. With that raise, it has a valuation of more than $1.85

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Luxury Brand Barneys New York Seeks Bankruptcy Protection

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Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . It’s also dealing with a massive rent hike at its headquarters which sent it frantically searching for a buyer. .

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Logistics Startup Darkstore Scores $1.4M Seed

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A young logistics startup that gives eCommerce brands same-day delivery capabilities just scored a major chunk of venture funding. million in a seed funding round led by VC firm PivotNorth Capital. Brands without local inventory can use Darkstore’s storage space to ship same-day. Just recently, the company scored $1.4

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Saving Main Street: Cities Pick Up The Recovery Role

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While they will lack the sheer financial clout of federal assistance, they are starting to offer strategies beyond capital infusions that will assist in restarting small business when the crisis passes. Our goals are to help businesses, brands and cities increase individuals’ peace of mind around sanitation, contact and visit frequency.”.

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Munchery Leaves Consumers, Vendors Out $6M

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The company ceased operations in late January after laying off 30 percent of its workforce in May 2018. That came after it shut down service in Seattle, Los Angels, and New York. Munchery had said it was planning to focus on its largest market, San Francisco, in an effort to become profitable, but that never happened. “The

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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

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Beyond New York, the retailer is planning to extend that experiential approach to partner locations, “offering the world that one-of-a-kind toy retail experience the brand is known for,” according to an announcement from the company, which is owned by ThreeSixty Brands. percent stake in Starbucks.

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Munchery’s Out, So Who’s In To Travel Food Delivery’s Last Mile?

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The news that on-demand delivery startup Munchery has closed its doors — even after raising $125 million in venture capital funding — serves as reminder of how difficult it can be to gain a profitable foothold (much less a dominant position) in the on-demand food delivery space. The coffee chain said this week (Jan. Future Moves.