Groupe SEB To Acquire Majority Stake In StoreBound

Groupe SEB has invested in StoreBound, which owns the Dash brand of kitchen electrics. The transaction is expected to be completed on July 31, 2020 and Groupe SEB will become the majority stakeholder in the company. StoreBound develops housewares focused on better living under brands including Dash, Sobro, Chef Geoffrey Zakarian and others. It was founded in 2010.

Amazon Expands Delivery, Dash Services

Amazon.com has gotten hip to Brooklyn, as the e-tailer has added its one-hour restaurant delivery in the trendy New York borough, even as the company has enhanced its Dash replenishment service across the U.S.