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US Hiring Hit Rock Bottom In April As Coronavirus Downturn Deepened, JOLTS Report Shows

PYMNTS

million from the month before and the lowest since the Labor Department’s JOLTS (Job Opening and Labor Turnover Survey) report was relaunched in 2002 after a 20-year hiatus. Hiring plunged to 3.5 million in April, or a decline of 1.6

Report 130
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Cosi Files For Bankruptcy

PYMNTS

According to reports, the Boston-based chain has filed for bankruptcy as it looks to restructure its debt load and conduct a sale process. Cosi has been traded on the Nasdaq since 2002 and saw its share price peak at around $40 per share in 2006.

Boston 100
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78
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Data Enablers: Spreadshirt, Data-Driven T-Shirts

PYMNTS

Germany- and Boston-based Spreadshirt uses data, analytics and even social media information to build a product and spread news among communities while printing more than 3.6 Founded in 2002, the goal of Spreadshirt’s platform is to eliminate headaches and hurdles when bringing great ideas to market. million items last year. “The

Data 100
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Wayfair’s Burgeoning Home Goods Ecosystem

PYMNTS

In fact, in its founding days back in 2002, Wayfair fit comfortably in the spare bedroom of Conine’s Boston-area home. As of now, the firm is looking to branch out from its Copley Place headquarters in downtown Boston and into a neighboring building that reportedly has enough space to accommodate it.

Boston 100
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The Top 20 Venture Capitalists

CB Insights

He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Jeff began his post-graduate career as a Management Consultant with The Boston Consulting Group. PROFILES OF THE TOP 20 VENTURE CAPITAL PARTNERS. BILL GURLEY.

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Wayfair’s Way Forward In A Crowded Field

PYMNTS

It’s a tall order for a Boston-based furniture company – but Wayfair has always thought big, even when it was very, very small. So small, in fact, that when it first started in 2002, the entire operation fit easily into the spare bedroom of Co-founder Steve Conine’s Boston home.

Boston 101