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Postmates is launching a new retail delivery feature as brick and mortar stores face 14% drop in sales

TechCrunch LA

Postmates is now rolling out what could be the biggest update to the company’s service in a long time — adding a retail option for users to shop local stores and for local merchants to set up a virtual on-demand storefront in the app. That could have an impact on retail sales that were already projected to be dismal.

Sales 249
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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

The company says its goal is for “eco-friendly vehicles” to comprise 25% of its total sales by 2025. The first Canoo vehicles are expected to appear on the road by 2021 and will be offered only as a subscription. Canoo said it will provide engineering services to develop the electric platform. ”

Startup 310
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Boulevard books $70M to help beauty and wellness salons with their bookings

TechCrunch LA

It’s also a massive market — and by Danna’s estimates, still with a lot of untapped business — with Boulevard quoting figures that forecast personal care and beauty sales passing $1.4 But at the same time, Los Angeles–based Boulevard got this funding infusion at a boosted valuation because it has been on a roll.

Help 195
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Customer Trust Is An Opportunity With A Huge Payback

Startup Professionals Musings

With the ITRC 2021 End-of-Year Data Breach Report revealing a 68 percent increase in stolen sensitive personal information, there is a growing population out there worried about all the people intent on hurting them. Internet users need to start watching out for themselves, like looking both ways before you cross the street.

Customer 137
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Amazon’s Selz Acquisition is Encouraging News for Small Businesses

Tech.Co

Find out more – Best Ecommerce Website Builders 2021. However, since Amazon closed the platform in 2015, online shopping has exploded and the coronavirus pandemic has amped-up the demand for essential (and non-essential) online shopping. But Amazon faces a serious problem: Consumer demand is changing. Service Sales.

News 137
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7 Reasons A Good Team Merits Priority Over Procedure

Startup Professionals Musings

Every one of you business leaders I know struggles with the competing demands of finding and keeping employees motivated and satisfied, versus building and enforcing a set of repeatable processes that work. Marty Zwilling First published on Inc.com on 01/15/2021. Obviously, both are required for a company to stay healthy and growing.

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Nothing negative about Positive Food’s meal expansion plan after $7M investment

TechCrunch LA

Much of the demand, as of late, for freshly prepared foods is from consumers shifting to healthier lifestyles, which has even prompted grocery stores to provide more ready-to-eat meals to cater to consumers popping in quickly to pick up food. Amazon expands palm-scanning payment tech to 65 more Whole Foods locations.

Invest 175