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The Wonder Of Wegmans

PYMNTS

Inside each Wegmans is the equivalent of 8 to 10 other supermarkets,” noted Burt Flickinger, who is the managing director of consumer industry consulting firm Strategic Resource Group Flickinger. The produce department by itself in Wegmans stores is twice as big as the total supermarket store volume of its average competitors in the U.S.”.

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Top 5 Risk Analytics Posts: From Rising FICO Scores to Alt-Data

FICO

For the first time since we’ve been tracking these stats, the average national FICO Score reached the 700 threshold — some 10 points above what it was just prior to the recession in October 2006.”. Millennials and Credit: Are We Missing the Real Story? Read the full post. Using Alternative Data in Credit Risk Modelling.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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Hit The Ground Running: 15 Early-Stage Fitness Tech Startups To Watch

CB Insights

The companies below were selected based on the recency and size of their disclosed funding and their Mosaic score, CB Insights’ National Science Foundation-backed algorithm that uses financial and non-financial signals to predict private company health. Founded in 2006, IncludeFitness offers inclusive cloud-based fitness equipment.

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Amazon Vs. Alibaba: How The E-Commerce Giants Stack Up In The Fight To Go Global

CB Insights

Millennials account for one-third of India’s population. Alibaba’s goal in Australia as described by Alibaba Group’s managing director Maggie Zhou is “to build the entire operating infrastructure needed to enable local businesses to expand globally,” via cloud computing, online payments, and logistics.