Remove 2002 Remove Capital Remove Millennials Remove Retail
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The Rumble In Big Retail’s Jungle

PYMNTS

The Rumble In The Big Retail Jungle. Last week, the biggest retailer in the world by revenue, Walmart, made an announcement that made it clear that it’s really not that interested in ceding the title of world’s biggest retailer to a younger, and nimble challenger named Amazon. A Retailer On The Ropes?

Retail 100
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AI Will Put 10 Million Jobs At High Risk — More Than Were Eliminated By The Great Recession

CB Insights

Meanwhile, nearly 5 million retail workers are at a medium risk of automation within 10 years. With the emergence of industry-specific AI, the effects of automation — initially felt in manufacturing — are seeping into retail sales, restaurants, e-commerce, marketing, and even software development. Retail salesperson (4.6M).

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. For example, the dotcom company eToys filed suit against Goldman Sachs claiming exactly that in 2002. STAYING PRIVATE.