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Uber Freight To Invest $200M To Set Up Shop In Chicago

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Uber Freight has announced that it is investing $200 million to “put down roots” in Chicago. Chicago is consistently at the forefront of innovation, from building America’s foundational transportation systems and its first skyscraper, to fostering world-class universities and research centers.

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Chef’d Halts Operations After Burning Through Cash

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Chef’d , a the meal-kit operator, has halted its business operations after using up all its cash and failing to line up more of it. While it was able to ink deals with large food companies and diet plans, it was tough to run the operation — and thus the cash burn rate. Consequently, please cease all work associated with Chef’d.”

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7-Eleven Launches Beer Delivery In Select US Markets

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Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” stores with the technology this year.

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Airport Shop To Add Amazon’s Just Walk Out Tech At Newark, LaGuardia

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A Newark Airport store will start using Amazon’s Just Walk Out cashierless technology on March 16, just days after the company announced it was licensing the platform to retailers, according to reports on Wednesday (March 11). . OTG operates 350 restaurants and shops in 10 airports, including in Minneapolis, Washington D.C.,

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Santander Adds Three Lending Executives

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Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. from Tuskegee University, an MBA from the University of Chicago and an M.S. in Information Technology Management from the University of Virginia, according to Santander.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

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Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11. The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world.

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E2open Takes Amber Road’s Supply Chain Solution Private

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Supply chain management firm E2open is expanding its operations through the acquisition of Amber Road , the companies announced on Tuesday (July 2). E2open subsidiary Chicago Merger Sub acquired Amber Road, a cloud-based global trade management software provider by buying its outstanding stock and merging, said the press release.

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