Author: theparknews

Boll & Branch began as an online direct-to-consumer business. Luxury bedding and home décor brand Boll & Branch has implemented a new enterprise resource planning system to support growth and improve efficiency.The company uses Oracle NetSuite to automate financial processes, optimize inventory, and efficiently scale operations. The solution has enabled the brand to leverage an integrated business system to automate financial processes, optimize inventory, and efficiently scale operations.Founded in 2014, Boll & Branch began as an online direct-to-consumer business focused on ethically sourcing the highest quality raw materials (it was the first in its industry to offer Fair Trade Certified…

Chipotle CEO Brian Niccol is set to take over in September, with current CFO Rachel Ruggeri serving as interim CEO until then.Narasimhan’s time at the helm was marred by falling sales, labor union clashes and the rise of activist investors.”Lakshman Narasimhan’s departure as Starbucks CEO is not surprising given activist investors and the company’s steep sales decline over the past nine months, but the appointment of a successor will send ripples throughout the industry,” William Blair analyst Sharon Zackfia wrote in a note.Here’s what went wrong at Starbucks under Narasimhan’s leadership.Sales declineStarbucks has seen same-store sales, a key metric in…

Things seemed to be going well for President Vladimir Putin, both at home and on the battlefield.Russia is now the battlefield, as a surprise cross-border attack by Ukrainian forces has turned the tide of Putin’s war and left Russian troops scrambling to retake territory from their own country.It’s a remarkable development after a year in which things have largely gone Putin’s way, from a short-lived rebellion to a resilient economy to months of steady gains on the front lines.The Russian leader sounded almost furious on Monday as he vowed to “keep the enemy out” of his country’s territory during a…

Geneva resident Lindsay Bergman approached her back-to-school shopping in a very organized way earlier this month.”I have a list here of what I need, and with a yellow marker I’m crossing out what’s still left from last year,” Bergeman explained inside the Target store at 115 Randall Road in Batavia. “I have to shop for my three kids, so it’s an extra expense, but it’s pretty good to recycle the supplies that came home last year that I didn’t use. I do this every year. For me, it’s like going shopping with a shopping list.”As the new school year begins,…

New York CNN — Home Depot says consumers are feeling more pessimistic about the economy and are spending less on major home-improvement projects. The home-improvement giant, a bellwether for consumer spending and the housing market, lowered its sales forecast for this year, saying rising interest rates and concerns about a worsening economy are causing customers to spend less on home improvements. Home Depot’s business is closely tied to the housing market, and high interest rates are putting a brake on home sales and consumer financing for large projects. “During the quarter, rising interest rates and increased macroeconomic uncertainty put broad-based…

SEOUL—The furor over a Mercedes-Benz electric car bursting into flames in South Korea this month wasn’t just about fire safety — it also sparked anger at a little-known Chinese battery maker, Farasis Energy. Now South Korea has come up with a new proposal to ease public fears: It would encourage automakers to voluntarily disclose the brand of batteries in their EVs. This information is not widely known around the world, despite the importance placed on battery life and driving range for EV users. At the same time, if a lithium-ion battery were to catch fire, it would burn at much…

More than two weeks after Venezuelan President Nicolas Maduro declared himself the winner of re-election, the United States and other Western countries have shown little sign of immediately taking tough action against what many are denouncing as vote fraud.Most governments have called on Venezuela’s National Electoral Commission (CNE) to release the full set of vote tallies after Maduro and opposition candidate Edmundo Gonzalez declared victory. Countries such as Brazil have sought to secure talks between the two political rivals, who have not reconciled for decades.Protests against President Maduro in the days after the vote were met with a crackdown, with…

A former Kansas police chief involved in the Aug. 11, 2023, attack on a local newspaper has been formally charged with obstruction of justice.Gideon Cody, who resigned from the Marion Police Department less than two months after the attack, is accused of encouraging a witness to conceal information in a felony case, according to the complaint filed Monday. The charges come a year after the Marion County Recorder’s offices were raided, including the homes of publisher and co-owner Eric Meyer and City Councilwoman Ruth Harvel.Mr. Meyer’s 98-year-old mother, Joan Meyer, who was also a co-owner of the paper and lived…

Stamp of TrustATLANTA, Ga., Aug. 13, 2024 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI), the Privacy First Identity Company™, delivering AI-powered software used across multiple sectors globally, announced financial results and provided a business update for the six months ended June 30, 2024, including 100% year-over-year growth in registered customers and increased net revenue for the quarter and six months ended June 30, 2024.Gareth N. Jenner, CEO of Trust Stamp, commented: “We are pleased to report our progress for the six months ended June 30, 2024. Our relationships with our long-term customers remain very strong and we expect to see…

Personalization at scale seems like an oxymoron — like having a party with millions of your friends. But at its best, e-commerce personalization anonymously drives conversions. How can retailers balance customer personalization with privacy? We asked payments and security professionals that question. Personalizing e-commerce shopping drives sales. Maintaining privacy is a challenge. A balancing act Robin Anderson, vice president of open banking company Tribe Payments, has seen e-commerce personalization evolve from simple tracking and recommendation systems to sophisticated, artificial intelligence-driven experiences, and she believes all commerce channels, from online to in-person, will become more personalized. “Hyper-personalization is a trend in…