Everything at Blue Hill at Stone Barns in Pocantico Hills, N.Y., has a story. Servers, chefs, and farmers at the restaurant, which was recently ranked No. 11 in the world, are there to tell it to anyone with a few hundred dollars, several hours, and a reservation.
With businesses expected to get state licenses in January to sell marijuana in California, the top regulator says that they will be given up to six months to comply with a requirement the pot be thoroughly tested by a licensed laboratory.
China's Shaanxi province is famous for being the start of the Silk Road, an ancient trade network where silk and spices were transported by camel across the Asian continent.
As its Jet.com acquisition continues to pay out, Wal-Mart is seeing hyper growth in e-commerce, with U.S. online sales up 63 percent in the first quarter. On the physical side of things, Wal-Mart's store traffic and same-store sales were both up in an extremely challenging retail environment, rising 1.5 and 1.4 percent respectively.
In a move designed to capture network costs associated with retailers who fail to meet peak volume commitments, UPS is looking to charge them for shortfalls this year, CEO David Abney told the Wall Street Journal.
After several months of piloting smart fitting rooms at a single store, a global sports apparel retailer is now installing the technology at 350 of its stores across Eastern Europe. The solution consists of a touchscreen and an RFID reader within each fitting room, as well as software to manage the data and smart watches for employees.
The "Amazon-Prime Effect" - the notion that everything you order should arrive on your doorstep in two days - has left brands and retailers scrambling to keep up. As consumers' expectations grow and their patience around delivery time shrinks, one tactic businesses use to combat increasing time constraints is transparency.
Target Corp., under pressure after issuing a dismal profit warning for the year, is narrowing its focus and rethinking its digital strategy, even as competitors like Wal-Mart Stores Inc. invest heavily to diversify their online offerings.