Boxed expects to grow B2C and B2B sales
March 17, 2022
Boxed reported an 8.1 percent decline in sales for the fourth quarter against high comps from a year ago. The e-tailer reported $5.3 million in new revenues from its software as a service platform, a new offering. “We have a world-class team at Boxed that’s laser focused on maximizing both sides of our business,” Boxed co-founder and CEO Chieh Huang said. “Now as a public company, we’ll continue to drive additional B2B and B2C growth, enhance loyalty programs and invest in our unique, high-margin software and services business.”
Recent News
Burger King Introduces Cheesy Menu Additions
Burger King’s latest menu expansion is sure to catch the attention of cheese aficionados everywhere.
Pedigree Dog Food Recall Over Pieces of Loose Metal
The kibble recall affects the brand’s 44-pound bags sold at Walmart.
Passenger Killed on Singapore Airlines Flight Due to Flight Turbulence
There were 211 passengers and 18 crew members on board.
Cheez-It Cheez-In Diner Pops Up in Woodstock for One Week
This summer, Cheez-It fans have a new reason to hit the road to the Catskills in New York.