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OPERATIONS / SUPPLY CHAIN

  • New funding will allow grocery delivery service Instacart to expand to more markets

    New York -- Instacart, the same-day grocery delivery service, has raised $44 million in a funding round led by Andreessen Horowitz.

    The San Francisco startup currently operates in San Francisco, San Jose, Los Angeles and seven other U.S. cities. With its new funding, it Instacart expects to expand into 17 cities by the end of 2014.

  • Priceline acquires OpenTable

    Norwalk, Conn. — The Priceline Group Inc. and online restaurant reservation service OpenTable Inc. have entered into a definitive agreement whereby The Priceline Group will acquire OpenTable for $103 per share in an all cash transaction valued at $2.6 billion. OpenTable will continue to be headquartered in San Francisco and will operate as an independent business led by its current management team within The Priceline Group.

  • Minimum wage bill filed in Mass.

    Boston — A joint committee of the Massachusetts state House of Representatives and Senate has filed a bill to gradually raise the state’s minimum wage from its current hourly rate of $8 to $11. The increase would occur in stages until reaching $11 in 2017.

  • Children’s Place names American Express exec as director

    Secaucus, N.J. — The Children’s Place Inc. has named Susan Sobbott to the board of directors as a Class II director to serve for a three-year term expiring in 2017. Sobbott currently holds the position of president of Global Corporate Payments, a global division of the American Express Company. From 2004 to early 2014, she was President and General Manager of American Express Open. The addition of Sobbott expands the company's board of directors to eight.

  • Starbucks to roll out wireless charging stations in stores nationwide

    Seattle — Customers at Starbucks will soon be able to charge their smartphones while getting their afternoon pick-me-up. The coffee giant announced Thursday that it would begin a nationwide rollout of Duracell Powermat wireless charging stations after the success of a pilot program. The rollout will begin in the Bay Area, with plans to nationwide in 2015. Initial pilots in Europe and Asia are expected within the year.

  • Minimum wage bill filed in Mass.

    Boston — A joint committee of the Massachusetts state House of Representatives and Senate has filed a bill to gradually raise the state’s minimum wage from its current hourly rate of $8 to $11. The increase would occur in stages until reaching $11 in 2017.

  • Loss prevention associates from Old Navy, Beall’s Department Store honored by NRF

    Washington, D.C. — The National Retail Federation (NRF) presented its annual Ring of Excellence, Law Enforcement Retail Partnership and Retail Case of the Year awards during the NRF Loss Prevention Conference and Expo on Thursday, June 12.

  • Kroger recognized for disability hiring efforts

    Cincinnati — The Kroger Co. has been named Employer of the Year by the Marriott Foundation for People with Disabilities. The Marriott Foundation for People with Disabilities fosters the employment of young people with disabilities.

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