Groupon is planning a network of North American warehouses for its physical goods business. Goods is actually doing well, and CEO Eric Lefkofsky said that bringing shipping in house will improve the company’s margins.
It’s hardly a secret that Americans not only consume massive amounts of food everywhere but also throw massive amounts away. Fortunately, a scrappy startup called EcoScraps is doing its part to remedy one of these problems. The company announced today that it has raised $1.5 million in its first round of funding, which will enable the team to expand operations into more stores and regions across the United States.