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Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. Direct-to-consumer (D2C) brands drove into the pandemic and adapted to it to catch the digital shift. Adore Me, for example, was a thriving eCommerce brand before the pandemic.

Retail 295
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Building A DTC Men’s Personal Care Brand With eCommerce

PYMNTS

To provide men’s personal care items that feel like premium brands at accessible price points, eCommerce innovators are building product lines through the direct-to-consumer (DTC) model. Founder Matt Mullenax was inspired to start the brand after cutting his teeth in the DTC world as an early employee at Bonobos.

Branding 163
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Peace Coffee Perfectly Times Its Pandemic-Fueled Growth

PYMNTS

The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to Digital 3.0. Such is the case with Minneapolis-based Peace Coffee. While Wallace and her team will continue to build that channel, she expects that recent retail successes will carry the year.

Milwaukee 130
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Best Buy’s Board Loses Former CEO

PYMNTS

Sometimes, even the brightest LED television screens fade away, and sometimes, the most expensive battery packs that an electronics retailer can stock end up losing their charge. Best Buy announced Tuesday (March 15) that Brad Anderson, former CEO of the organization and current member of its board of directors, is retiring from his position.

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The Greatest Show On Commerce Turf

PYMNTS

The Host Committee estimates 1 million people will flock to Minneapolis on game day and the 10 days prior. Locally, Nicollet Mall will be festooned with free activities, and the Minneapolis Convention Center has reportedly been turned into a “Disneyworld for football fans.”. The Crowded Bowl . Minnesota vs. the Impending Masses.

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Man, this is the bread and butter of retail banking and credit unions. Acronym of the Year.

Fintech 147
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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. So many miles to go, retail bankers! The Tech Award – Goes to Capital One.

Idaho 148