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New England Confectionery Co. Sells For $18.8M At Auction

PYMNTS

Ohio-based Spangler Candy Company won the auction with a bid of just under $19 million, The Boston Globe reported. “We We started as a family-owned candy company back in 1847, [and] we’re thrilled to work with a fourth-generation candy company that brings new stewardship to our brands,” Necco Chief Executive Michael McGee told the Globe. “I

Boston 100
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Meet The Location Data Company That, Literally, Put The Blue Dot On The Map

PYMNTS

That’s become pretty much gospel for brands, retailers and marketers alike. And one of the most valuable forms of data right now is behavioral data because it tells a retailer or brand where a customer or potential customer goes, does and spends their time and money on. In other words, it’s a lot of that uber-valuable type of data.

Data 100
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Merchants Gone Wild: The Surcharge Edition

PYMNTS

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. This newfound friction is the result of the City of Boston passing a bill that bans plastic bags and gives merchants the right to charge for ones made of paper. Surcharging has been permitted Down Under since 2003.

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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

We look into how stores are being transformed into showrooms, community gathering spots, and even event spaces as retailers leverage the physical store as tool for brand marketing. It was an experiment by Ikea to better understand what types of technology could attract customers, and more broadly to introduce them to the Ikea brand.

Retail 59
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Killing Strategy: The Disruption Of Management Consulting

CB Insights

Before Bruce Doolin Henderson opened the doors of Boston Consulting Group on July 1, 1963, the concept of “competition” barely existed in American business culture, let alone the concept of strategy. Bain (whose partners actually coined the phrase “$1M framework”) would create its own “insight product” in 2003 with the Net Promoter Score.