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Mastercard’s Incoming CEO’s Take On The Future Of Payments

PYMNTS

Haythornthwaite has served as chairman since May 2006 and Banga has served as CEO since 2008 — when he took over the helm shortly after the onset of the financial crisis. Mastercard , like most consumer credit connected brands, was hit hard in the early days of the Great Recession.

Payments 274
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Pepsi CEO Indra Nooyi To Step Down

PYMNTS

Net revenue climbed from $35 billion in 2006, to $63.5 Nooyi was a strong advocate of keeping the brands together, which she believed gave the firm better leverage over retailers. International markets have proven strong for Pepsi , as slowing U.S. growth has pushed the firm to look for opportunities in foreign markets.

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

CB Insights

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. Additionally, many of these physical retailers have lost the cache they once had as new direct-to-consumer brands with a hyper-focus on specific products have taken off.

Retail 78
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5 Ways to Enhance Trade Show Attendance through Social Media

William Mills

Social media will increasingly begin to compete directly with traditional media consumption,” ( Robert Young, 2006 on Gigaom ). Although they have been around for much longer, trade shows also provide opportunities to network and promote your company and brand.

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

CB Insights

In a deal that aimed to open the Chinese coal markets, US heavy-equipment behemoth Caterpillar paid $677M in 2012 to acquire ERA Mining Machinery Ltd. The Chinese coal market is one of the biggest in the world and this deal looked like easy money. Date: November 30, 2006. Google and Motorola. Date: August 15, 2011.

Google 76
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11 Lessons From Startup Chapter 11s

CB Insights

Coda Automotive was an early player in the electric vehicle market, an early failure, and a great example of why being early is not always an advantage — even if the future your company envisions is probably the right one. Another, larger problem was that the market for electric cars did not take off the way that Coda expected.

Apple 78
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21 Lessons From Jeff Bezos’ Annual Letters To Shareholders

CB Insights

The online bookseller didn’t turn a profit for six years — today, it’s the second publicly traded company ever to hit a $1T market cap. 2006: Nurture your seedlings to build big lines of business. The longer a company is able to retain its customers, the less it needs to spend on acquisition or marketing.