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Ruth | April 24, 2020
The parent company of Ruth’s Chris Steak House, which has been at the center of a national firestorm after it claimed $20 million from a fund meant to help small business survive the coronavirus pandemic, is returning the money. The news, first reported by the Wall Street Journal, broke hours after the U.S. Treasury Department updated its guidance for the “Paycheck Protection Program” to say that companies applying for the potentially forgivable loans “must certify...
FINANCE, BUSINESS STRATEGY
BMO US | October 13, 2022
BMO today launched BMO for Native-owned Businesses as part of its five-year, $5 billion BMO EMpower initiative aimed at supporting an inclusive economic recovery for minority businesses, communities and families through lending, investing, giving and engagement in local communities. The program, launched on National Indigenous Peoples Day, expands the bank's investment in small business lending to increase resources for women-, Black- and Latinx-owned businesses to include Native American-ow...
TECHNOLOGY
BigCommerce | March 15, 2022
BigCommerce announced a partnership with Bolt. BigCommerce is a leading Open SaaS eCommerce platform for fast-growing and established brands. While Bolt is a leading checkout and shopper network company. The partnership will now offer a brand new way for small-medium- and enterprise-sized BigCommerce merchants to set up Bolt One-Click Checkout in a self-serve manner within minutes. In addition, Bolt can be integrated into merchants' BigCommerce stores, enabling them to provide safe, one-clic...
MANAGEMENT
AutoStore | January 11, 2023
On January 10, 2023, AutoStore, one of the leading warehouse automation companies in the world, announced the debut of Pio in North America. Pio is a plug-and-play version of AutoStore's popular cube storage technology, designed specifically for small and medium-sized businesses (SMBs). Based on a pay-per-pick service model, Pio enables SMBs, such as retailers of sporting goods, apparel, crafts, and cosmetics, to adopt robotic automation for a relatively cheap investment, ther...
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