According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year between Q2 2017 and Q2 2018, sub-prime consumer loan originations grew 28 percent between Q2 2017 and Q2 2018 across the...
The U.S. Justice Department has accused Raul Gorrin, the owner of Globvision, the Venezuelan television channel and Seguros La Vitalicia, the insurance firm, for bribing officials in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Coupang, the South Korean eCommerce company, is getting a $2 billion investment from SoftBank’s Vision Fund, which will provide it with the money to speed up development of delivery and shopping services. Get the Full Story Complete the form to unlock this article and enjoy...
When Bouchra Ezzahraoui and Sophie Kahn went into the jewelry business with their startup AUrate, they had a clear problem in mind they wanted to fix – the market for fine jewelry wasn’t really designed to cater to the people who wear most of the...
Malls are providing digital native brands with the opportunity to rent space without the typical lengthy commitment. In one case, real estate investment trust (REIT) Macerich is bringing a concept called BrandBox to its Tysons Corner Center mall in a Washington, D.C. suburb. While Macerich’s...
For fitness aficionados and those just looking to get in a workout, several online platforms have emerged to help them bring home the gym experience. But NEOU Co-founder Nathan Forster found that existing offerings forced consumers to buy expensive equipment and lacked a great user...
Kroger and U.K. online supermarket operator Ocado have unveiled a site in a Cincinnati suburb as the site of a high-tech customer fulfillment center (CFC). The Ohio facility is a warehouse that has robotic and digital functionality, Kroger said in a press release. Get the Full Story Complete the...
In an organized retail crime (ORC) survey, the National Retail Federation found that 92 percent of respondents were victims of the practice in the past year. And nearly three-quarters — or 71 percent — of companies said that incidents were on the rise, the federation...
With payment bigwigs like Visa, Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. Innovators large and small are addressing some of the many friction points...