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.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.
