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Why Digital’s 3.0 Shift May Take Longer Than We Think

PYMNTS

There is an out-and-out frenzy to capitalize on the pandemic-fueled digital shift that gave consumers few options for accessing products and services over the last twelve weeks. Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say.

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Best Buy’s Board Loses Former CEO

PYMNTS

In his place, corporate venture capital leader Claudia Fan Munce assumed his seat on the board as of Monday, though Anderson will remain with the retailer until its yearly shareholder conference in June. “I

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. Microsoft and Nokia. Date: April 25, 2014. Price: $7.9B.

Google 76
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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. Summary: Toys “R” Us was the third largest bankruptcy in the US (after KMart in 2002 and Federated Department Stores, now Macy’s, in 1990). Toys “R” Us.

Retail 78
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A New Kind Of Self-Sustaining Fishery Could Offset The Worst Impacts Of Animal Farming

CB Insights

Commercial operation of offshore fish farms has been limited to date due to regulations, as well as the challenges of efficiently operating a large farming operation far from land. Startups like Catalina Sea Ranch are capitalizing on the change and pursuing the first open-ocean fish farms on US waters.

Study 45
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Who’ll Be The ‘Netflix’ Of Payments?

PYMNTS

The big daddy of the video rental industry at the time was Blockbuster , and it operated more than 4,500 such outlets. Blockbuster filed for bankruptcy in 2010 with a market cap of $12 million, down from $4 billion just a decade before in 2002 — the year that Netflix IPO’d. So, too, are the cable operators.

Payments 100
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21 Lessons From Jeff Bezos’ Annual Letters To Shareholders

CB Insights

2013: Decentralize decision-making to generate innovation. 2011: Self-service platforms unlock innovation. 2004: Free cash flow enables more innovation. 2002: Build your business on your fixed costs. 2013: Decentralize decision-making to generate innovation. 2011: Self-service platforms unlock innovation.