United Natural Foods, Inc., (UNFI) plans to launch a local products marketplace for retailers using its e-commerce services, Chairman and CEO Steve Spinner said Wednesday during the company's second quarter earnings call.
UNFI has also launched a bitcoin partnership that places kiosks inside grocery stores where shoppers can buy, sell and trade digital currency with cash.
UNFI reported adjusted earnings of $206 million in fiscal Q2, up 57% over the previous year and ahead of Wall Street estimates. Net sales totaled $6.89 billion, up 7.1% over last year, while earnings per share rose to $1.
While you're here, how about this:
OroCommerce Recognized in Gartner 2021 Market Guide for Marketplace Operation Applications
Gartner, which selected just 13 digital vendors to highlight in its latest Market Guide, stresses the need for marketplace operators to select software vendors that offer tight integration with core commerce functions, and also a seamless experience for customers, operators, and sellers.
The Market Guide notes that many of Gartner's clients have accelerated their adoption of marketplace models due to disruption relating to COVID-19, with enquiries relating to enterprise marketplaces up 100% between 2019 and 2020. OroCommerce has powered more than 10 sizable enterprise marketplaces in the U.S. and globally, including SupplyCore, the go-to supplier for U.S. government agencies and military, and FoodMaven, a surplus produce marketplace bringing sustainability and agility to the
A year into the pandemic, a look back at unemployment numbers - Marketplace
Marketplace Strategy Partners With Downstream Impact To Bolster Its Proprietary Technology
MPS Insights is a complete technology suite developed to enhance the MPS team's ongoing and hands-on efforts. It allows strategists to execute with greater efficiency and drive optimum results for clients. MPS Insights supports the agency's marketplace sales acceleration program in three core areas; reporting and analytics, advertising management and automation, and catalog health monitoring and insights.
And here's another article:
South Africa’s FlexClub adds $5M to seed round to scale its car subscription marketplace
The traditional process of buying, insuring and financing cars across emerging markets can be challenging, and it defeats the purpose of building an all-around car shopping experience . Today, FlexClub , a South African company, has been provided with $5 million to improve drivers’ experience in these markets .
That same year, the company closed a $1.2 million seed round led by CRE Venture Capital. According to Ruzane, the company’s CEO, this $5 million (in equity and debt) is a seed extension round, bringing the total investment raised by FlexClub to over $6 million . The company says it will use the funding to improve its technology which protects and limit partners’ exposure to risk.
How equity came to mean "cash" but also "fairness" - Marketplace
This is just one of the stories from our "I've Always Wondered" series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth it ? Or how store brands stack up against name brands? Check out more from the series here .
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How has the term “equity” come to mean “cash” in real estate development, “potential profit” in real estate sales, and “fairness” in common language?
SwayBrand disrupts influencer marketplace bringing equity to branding
Horace Flournoy launched SwayBrand with one idea in mind: to help brands develop authentic partnerships and source original creative content from Black, Latino, and Asian influencers who may normally go undiscovered by brand marketing teams.
SwayBrand, a Black-owned startup, is led by a diverse team of entertainment, technology, and culture professionals who are disrupting the influencer marketplace. Its two-sided tech platform invites brands to connect and collaborate with multicultural creators—Authentikas—to develop content that profoundly impacts their cultural relevance and reach and unlocks the immense buying power of diverse audiences.
Income Solver Platform Launches the First Retirement Income Marketplace of Solutions Including
Financial advisor adoption of model portfolios has been significant. Envestnet, Orion, and Morningstar all have thriving model portfolio marketplaces. However, all these offerings only focus on "accumulation" and growth of assets. The new "decumulation" marketplace combines leading technology that shows how specific and varying ways to draw down savings adds portfolio longevity of seven or more years.
"Accumulation-based model portfolio marketplaces are not supporting advisors that need help figuring out optimal ways to generate income across multiple accounts and holdings. We now combine the best model portfolios from leading asset managers with software that helps the advisor figure out how to 'tap' holdings to maximize wealth," states William Meyer , CEO of Retiree, Inc.
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