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Retail Pulse: Williams Sonoma Opens, Closes Doors

PYMNTS

More retailers are adopting the view that closing stores isn’t a failure or a loss, but simply a pathway to greater success. Seeking Alpha dove into the details, noting first and foremost that revenue per share has risen steadily between 2001 ($18.23) and 2017 ($63.21), with the exception of two years during the Great Recession.

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For eCommerce Content, It’s Experiences Over Speed

PYMNTS

Online luxury marketplace 1stdibs stands as an example of that kind of content, along with providing — as do some other companies — a demonstration of the appeal of both digital and physical forms of content to tie consumers to a brand or ecosystem. But catalogs can work, as 1stdibs and other retailers have learned. billion in 2007.

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Warehouse Space Going For Premium Rates

PYMNTS

Brick-and-mortar merchants are far from being free from the problems that plague their particular brand of retail, but even they have to look at online retail rising rents for warehouse space with a little bit of mirth. percent — the lowest such figure since 2001. As of Q2 2016, industrial warehouse space declined by 8.8

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. And each January, we ranked all previous recipients into a master list.

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Green Dot CEO: 20 Years Of Innovating ‘Banking For The Masses’

PYMNTS

His main exposure to the payments industry was using his Bank of America debit card to pay for things at the store. That brought about an idea to create a card that would give kids — who didn’t have a credit card, but did have access to high-speed internet at school — a way to buy things online. area Rite Aid stores in 1998.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Today, Amazon Pay has evolved to include a digital wallet for customers and a payments network for both online and brick-and-mortar merchants. Bill Me Later was one of the earliest fintech payment platforms on the market and gave big retailers the ability to offer flexible financing programs.

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The Top 20 Venture Capitalists

CB Insights

Brian Singerman started his career as a Software Engineer for 3D online virtual-world company, There Inc. He then went on to become Senior Director of Business Development at Palm Source in 2001 after he oversaw the strategy around Palm OS. Notable Investments: Airbnb , Houzz , DoorDash , Instacart , Reddit , FutureAdvisor (Acquired).