Restaurant aggregators are uniquely positioned to collect troves of data on consumer behavior, gathering information about, among other habits, which kinds of foods are the most in-demand in each area. Now, delivery platform Hungr is putting that data to use, to both drive profits and...
Despite seeing a surge in online sales during the pandemic, Best Buy said it laid off 5,000 employees in February and will be shuttering additional locations in 2021, according to a CNN report on Friday (Feb. 26). Get the Full Story Complete the form to unlock...
Birkenstock has struck a deal to sell a majority share of Birkenstock Group to private equity firm L Catterton and its affiliates with the inclusion of Financière Agache, Bernard Arnault’s family investment company, according to a Friday (Feb. 26) press release. Get the Full Story Complete...
Foot Locker, Inc. reported on Friday (Feb. 26) as part of its financial results that fourth-quarter comparable-store sales fell by 2.7 percent, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It was the best of times. It was the worst of times. Or vice versa. Either way, it was the 2020 winter gifting season, more closely watched and commented upon than perhaps any before. Get the Full Story Complete the form to unlock this article...
It was not the most lucrative week for B2B FinTech venture capital with multiple seed and lower-value investments coming onto the scene. But a clear winner did emerge: Small business accounting is a space that saw the largest funding round of the week, thanks to...
Tesla may have stolen the headlines with its bitcoin buy, but corporate treasurers and chief financial officers have been poking their noses over the fence into cryptocurrency’s yards for several years now. It’s a brewing interest that has been percolating in a largely wait-and-see attitude...
Consumers know the drill. Get a phone bill, send a check, time when the check reaches the provider, estimate when it gets deposited, and estimate when the funds clear. (Mental note: Will you have enough in the account?) Get the Full Story Complete the form...
Since the pandemic upended the way consumers do, well, everything, some of them are conducting transactions online for the first time, and the rest are expanding their digital activity significantly, whether that means opening bank accounts or conducting other kinds of high-value transactions. In the...
