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Square Capital Pulls eBay Into SMB Lending Space

PYMNTS

Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. The report also highlighted how eBay is working with PayPal rivals, Square and Apple Pay, following its split from PayPal in 2015.

Lending 134
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Today In Retail: Birkenstock Might Sell To CVC; Cognira Releases AI Suite For Retail

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In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Plus, Jennifer Lopez is depending on Flowcode for marketing of her new JLo Beauty brand. Birkenstock Discusses Potential Sale With CVC Capital Partners.

Retail 239
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Harry’s Eyes Market Outside Razors

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As shaving products company Harry’s plans to announce its $112 million in new financing, the company is looking to grow its brand beyond men’s grooming. They market their products to younger consumers through eCommerce to gain market share from more established players such as Gillette and Schick.

Marketing 108
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Yum! Brands Beats In Q1, Pizza Hut A Weak Link

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Brands (YUM) beat out earnings and revenue estimates for Q1, though numbers were still down year-on-year. Following the release of the company’s earnings report on Wednesday market open, YUM shares spiked nearly 3.67 Following the release of the company’s earnings report on Wednesday market open, YUM shares spiked nearly 3.67

Branding 100
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TouchCR Enables Intelligent Marketing

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To succeed in retail (and retail marketing), merchants and advertisers need to keep up with what shoppers want, how they buy, and where. You need to be able to market with relevance,” Hale said. TouchCR fills these needs, Hale said, noting that TouchCR works best for mid-market, consumer-facing companies.

Marketing 100
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Victoria’s Secret Sale Explored As CEO Could Step Down

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After almost six decades as chief executive, L Brands CEO Leslie Wexner is reportedly in talks to leave his position as head of his retail empire. Shares of L Brands Inc., the parent company of Victoria’s Secret , fell 29 percent in 2019 and were not part of an expansive stock market rally.

Branding 130
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Frugal Consumers Buying More Off-Brand, Off-Price Products

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This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100