The founder of Store No 8 Katie Finnegan explains how the company is looking for the next innovation in retail. Store No 8 is Wal-Mart's idea incubation arm.
Finnegan says Store No 8's goal is to change retail for the better, pursuing innovations that may not be implemented for another 10 years. While Store No 8 is aiming to create things that will be acquired by Wal-Mart, it also knows there could be other revenue streams.
Finnegan says Store No 8 is a "unicorn opportunity" for entrepreneurs. The company recently acquired Bart Stein and the team over at Wim Yogurt.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
An Illinois jury ruled this week that several major egg producers conspired to limit the U.S.'s supply of eggs in order to raise prices in a case stemming from a federal lawsuit originally filed 12 years ago.
Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells.