Remove 2014 Remove Capital Remove Operations Remove Retail
article thumbnail

Why The Biggest US Retailer Will Stick To Stamps

PYMNTS

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

Retail 169
article thumbnail

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

PYMNTS

These are the top stories in retail for Tuesday (Nov. Founded in 2014, SA Company has evolved with the pandemic and is on its way to getting a capital investment and operational expertise from one of its venture capital and marketing partners, TZP Group. Wayfair, Home Furnishings Sector Looks Past COVID Winter.

Company 131
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

German FinTech N26 Eyes IPO With Hiring Of New CFO

PYMNTS

The former CFO of Zalando SE, one of Europe’s most successful eCommerce retailers, Kemper was instrumental in leading the company’s IPO in 2014 on the Frankfurt stock exchange. In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Its most recent valuation was $3.5

Fintech 254
article thumbnail

Auto Sales Race Toward A New Retail Future

PYMNTS

Close the door and buckle up – retail automotive sales are getting an upgrade. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. million vehicles were purchased in 2014. Some of the changes are coming via artificial intelligence (AI).

Retail 131
article thumbnail

Upcoming Celent discussion at the American Banker Retail Banking conference

Celent Banking

Next week I will be moderating a panel discussion at American Banker´s Retail Banking Conference in Austin about the competitive pressures of community institutions. The figures below outline the decline of banks in the US, going from 11,462 at the end of 1992 to 5,809 in 2014. prepaid services, P2P lending, etc.).

article thumbnail

Carrefour Ramps Up eCommerce To Compete With Amazon

PYMNTS

In response to potential competition from Amazon, French retailer Carrefour will invest in eCommerce, seek a partnership with Tencent and put a plan in place to trim its workforce, Reuters reported Tuesday (Jan. billion USD) in eCommerce by 2022 — six times Carrefour’s current investment in its web operations. billion euros ($3.4

Retail 123
article thumbnail

Equifax Names Warburg Pincus Executive Its New CEO

PYMNTS

In a press release , Equifax said Begor will start on April 16 and is coming to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.