Amazon is eliminating dozens of its private-label brands, including 27 out of its 30 clothing labels and two furniture brands, the Wall Street Journal reported on Thursday. The company said it plans to focus on its most popular private brands, like Amazon Basics and Amazon Essentials. Some of the brands are listed on Amazon’s site but will be taken down once existing inventory is sold, the...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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