This was probably not the week Facebook had expected, post-Libra. You know, by now, that the social media giant unveiled the details of a new cryptocurrency, ambitious in scope and with the promise to bring financial inclusion to billions around the globe. But lightning-quick, the...
We all like to be rewarded for work and vision, for toil and trouble. For putting up money where, literally, our mouths are. If only those pesky geopolitics wouldn’t interfere … We’re being tongue in cheek, but only just a little. True, the ongoing trade...
To steal a line from Earth, Wind & Fire, it’s likely to be a September to remember. For merchants large and small, might this fall, and beyond, be chilly in terms of top line growth? Certainly so, if a significant number of transactions are denied...
Cars and quick-service restaurants (QSRs) have been interconnected since drive-ins were the latest innovation. QSRs thrive on speed and convenience, and that once meant catering to customers in cars via drive-thru windows. Now cars have transformed from vehicle to ordering platform, and QSRs have been...
Perhaps at this point it might be better to ask which retailers, if any, are not shuttering stores. The data came this week from Coresight Research that store closures across the U.S. continue to mount, touching more than 7,150 locations announced by a slew of...
Americans spend a lot of time in their cars. Between 2016 and 2017, commuters spent 51 minutes per day in a car on average. But drivers aren’t passively wasting these chunks of time. Increasingly, they are connected and actively engaged in digital activities. Commuters spent...
The car is becoming more than just a way for customers to get from Point A to Point B. More of today’s consumers are looking to the car as a smart guide to parking or safe driving, as a way to interact with social media...
Earnings season is a time for reflection after reaction. For Kohl’s, which put up a poor showing in its latest results, and which gave the nod to a rocky roadmap of execution amid trade wars and brick-and-mortar challenges, the reaction was swift. Investors dumped the stock...
In this week’s sizzles, Walmart digital sales increase, Visa says contactless checkout is on the rise and Buffett’s Berkshire invests in Amazon. Fizzles include SoftBank shares sliding, retail sales fluctuating and the Supreme Court green-lighting the lawsuit against Apple. Call it the eCommerce wind beneath...