Strategy

30-year-old BurgerFi president thinks the chain can be the Shake Shack of the South

In the 10 years since the first restaurant opened, BurgerFi has added 124 locations. Now a new owner and a listing on Nasdaq figure to fuel the chain's growth.
Hudson’s Bay to take on Amazon, Walmart, eBay, Google via new marketplace

The online retail marketplace arena is gaining a new challenger – in Canada.
Uber in $1.1 billion deal to pick up national liquor-delivery service

Uber Technologies is acquiring leading on-demand alcohol delivery service Drizly for approximately $1.1 billion in stock and cash.
Home Depot’s expanding distribution network includes new center in Texas

The Home Depot has opened a massive distribution center in Dallas to fulfill online orders and store orders.
Chicken Salad Chick to add 40 new locations in 2021

Chicken Salad Chick is focusing on growth.
Former Lululemon exec takes top spot at Canadian outdoor apparel brand

Retail veteran Stuart Haselden has found a new home.
PGA Tour Superstore to continue expansion

On the heels of a record 2020, PGS Tour Superstore expects to reach an important store milestone this year.
Ulta Beauty to double Black-owned brands as part of $25 million diversity push

Ulta Beauty unveiled a $25 million diversity and inclusion initiative and brought on a popular celebrity activist and entrepreneur to serve as its diversity and inclusion advisor.

Starbucks’ big challenger in China files for bankruptcy