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Mattel Sees 10 Pct Jump In Net Sales As Homebound Consumers Buy Toys

PYMNTS

Mattel has reported a surprising jump in quarterly sales, with more growth hoped for in the holiday season, as retailers rushed to stock shelves with toys for parents ready to buy things for their children, Reuters reports. million, marking the brand's largest quarterly sales since 2003, Reuters writes.

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How Digital-First Credit Unions Can Break The Impersonality Barrier

PYMNTS

It exclusively served United Airlines employees and their families, but expanded its member base in 2003, making it the eighth largest CU in the U.S. Digitally focused banks can incur an aura of impersonality, a challenge Alliant meets with personalized customer engagement and a far-reaching social media strategy.

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Why Toys Are Making A 2020 Comeback

PYMNTS

In fact, 2020 opened with retail reports decrying the great toy sales slump , citing the 4 percent fall-off in toy sales, the rather tepid holiday sales season reported between 2018 and 2019 and the fact that toy sales came up short during last year’s holiday season. Barbie gross sales rose 29 percent in Q3, to $532.2

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Real Innovation Solves Today’s Problems, Not Tomorrow’s

PYMNTS

If not, you probably will soon, since it just teamed up with 7-Eleven to bring surcharge-free ATM access to 8,000 of the convenience chain’s retail locations. MoneyPass, a network of Elan Financial Services , provides ATM and debit card processing solutions for financial institutions, Independent Sales Organizations (ISOs) and retailers.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Retail: Shopping goes even more online as grocery joins the e-commerce revolution. Retail: Shopping goes even more online as grocery joins the e-commerce ranks. Prior to Covid-19, the online grocery market was a high-growth sector dominated by major retailers, such as Amazon and Walmart. Remote learning technology. 3D printing.

Industry 101
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

That skyrocketing popularity is likely what made Rupert Murdoch’s News Corp think it was worth spending $580M to acquire the social network. And in the short-term, that would have looked like a good deal, as the social media site hit its peak in 2007 at a value of about $12B. Date: March 20, 2003. Sears and Kmart.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

Theranos was founded in 2003 by Elizabeth Holmes, then an undergraduate student at Stanford University’s School of Engineering. With lower costs and a bigger market to sell to, a new crop of online pet supplies retailers eventually emerged. The rise and fall of Theranos. The rise and fall of Pets.com. in 2000 to 232.1M

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