Good morning! One of our big stories of the past week was the agency change at McDonald’s, from advertising correspondent Patrick Coffee. Patrick obtained an internal doc from the new agency, Wieden and Kennedy, that just won the fast-food giant’s ad business. Internal memo from McDonald’s new ad agency reveals […]
Boxed CEO and cofounder Chieh Huang interviews every job candidate personally, and says he asks them three questions to make sure they’re not jerks. The questions are meant to test whether a job candidate is curious, open, and can hold a conversation, and to find out how arrogant they are, […]
Boxed has raised $US111 million in a Series D round of funding, it announced on Tuesday. The round was led by Aeon Co., a Japanese retail giant that is considered one of the largest in Asia. Boxed is an e-commerce site that sells goods in bulk, earning it the nickname […]
Costco and Boxed are both bulk retailers that sell pretty much everything. Boxed has been called the “Costco for millennials” because it’s an online-exclusive store with mobile ordering and speedy delivery. Costco also has an online store and mobile ordering, but its prices can be as much as 20% more […]
Amazon is looking into purchasing bulk e-commerce seller Boxed, according to the New York Post. The Post also reported that grocer Kroger had made an offer to acquire Boxed, but it was rejected. Buying Boxed would help Amazon grow a business it has not yet leaned into. It seems Boxed […]
