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Today In Retail: Wayfair Exceeds Estimates; Carvana Sales Surge; SA Company Pivots With Pandemic

PYMNTS

Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”. These are the top stories in retail for Tuesday (Nov.

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Second Day, Second Wind On Innovation Debates

PYMNTS

With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. But on the second day of Innovation Project 2017, eyes were beyond Beantown and cast toward the world at large. What would a discussion about payments, innovation, cybersecurity and all manner of commerce be without a few laughs?

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18 Corporate Innovation Labs In Healthcare

CB Insights

One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.

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Innovation in the Asset Management industry

Tefkin

On the “Beta” end of the scale, ETFs are steadily becoming one of the most successful innovation in recent decades. By lifting the ban on general solicitation and making crowdfunding easier, the JOBS act is opening access (for accredited investors for now) to the Venture Capital and Hedge Funds asset classes.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA. Lisa Servon, Professor, The New School, New York University, New York, NY. Raul Vazquez, Chief Executive Officer, Oportun, Redwood City, CA. ”

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Sizzle Or Fizzle: Restaurants Rule, FireEye Flounders And Lending Club Is Back On The List

PYMNTS

Restaurants — the epicenter of payments innovation, it seems — were on the receiving end of a couple of new opportunities this week that could drive even more feet into them and help them grow. 2014, and we just found out about it. Here ya go… SIZZLE. Restaurants. Perhaps the biggest Fizzle is that this all happened in Nov.

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

CB Insights

Aeropostale had been owned by private equity firm Palladin Consumer Retail Partners since 2014. Summary: Another victim to financial woes and a leveraged buyout (by Bain Capital in 2010), Gymboree filed for Chapter 11 protection in June 2017. Vitamin World. Date: September 2017. Category/Product(s): Vitamins. Date: June 2017.

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