Simple, healthy ingredients such as avocado and quinoa made the greatest impact on social media, according to a study by New Nutrition Business. More-complicated health trends such as activated charcoal and pea protein made a much smaller splash on Instagram, the study said.
Teen accessories retailer Claire's has emerged from bankruptcy reorganization with $1.9 billion less debt and $575 million in new funding, the company said Monday. The retailer filed for bankruptcy in March with 7,500 international stores and emerges with 2,471 locations in North America and Europe.
Closed Loop Partners, a multimillion-dollar waste management fund, will receive an investment of $10 million from Amazon. The effort calls for preventing 1 million tons of recyclables from reaching landfills and expanding curbside recycling programs to roughly 3 million US homes, all by 2028.
Kroger will launch a pilot project in 14 states to provide home delivery of wine in a partnership with Drink Holdings. The service, which delivers 6- or 12-bottle assortments, is expected to expand beyond its initial launch area in the coming months.
Amazon ranks first among digital retailers, but Best Buy and Home Depot aren't far behind, as they and other chains continue to meld their in-store and online retail efforts, states a report from Gartner and L2. The report bestows "Genius Status" on the two chains and dubs Walmart, Target and Wayfair as "Gifted."
Google is working with e-commerce players, including Flipkart and Paytm, to introduce its Shopping tab in India before the end of the year, sources said. The tab will let users search for products and direct them to sites where they can purchase the items.
Wayfair is a pure-play online retailer that also uses old-fashioned print catalogs to woo prospective new shoppers and give customers another way to browse. A growing number of retailers, from traditional players like J.C. Penney to digital-first merchants like Bonobos, are investing in catalogs.
Levitron has announced its Intellect controls platform, which allows users to control smart bulbs. Intellect is the company's fifth brand, on top of its Birchwood, Intense, ConTech and JCC.
Smartfrog has invested $25 million in smart security startup Canary, which gives the company a controlling interest in the firm. Former Canary CEO Adam Sager will take on an advisory role, while Smartfrog CEO Charles Fraenkl will lead both companies.
Paul Allen, who co-founded Microsoft with Bill Gates, died Monday of complications from non-Hodgkin lymphoma. Allen retired from Microsoft in 1982 and led cable company Charter Communications until stepping down as chairman in 2009.