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Cable Startup Layer3 Bets Against Streaming

PYMNTS

Jeff Binder, CEO of Layer3, was quoted by The Washington Post as saying, “We’re the first cable company in … 10 years to come that’s brand new. Following a few test pilot runs in Texas and Illinois, Layer3 officially launched its service in the summer of 2016 in Washington, D.C., and has since rolled out to Chicago.

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Cosi Files For Bankruptcy

PYMNTS

According to reports, the Boston-based chain has filed for bankruptcy as it looks to restructure its debt load and conduct a sale process. We believe this process will allow the company to right-size its balance sheet, reduce its debt and focus on improving the business and stabilizing the brand,” Bennett added.

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Retail Pulse: Stop & Shop To Deploy Autonomous Vehicles; Chico’s FAS Plans To Close 250 Stores

PYMNTS

With the help of Robomart , a startup based in California, the grocery chain plans to bring produce, convenience items and meal kits to the customers’ doors through roving autonomous mobile stores in the Boston area. The concept has been in development with Nuro for some time — since 2016.

Retail 129
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The Buyers: Omnichannel Customer’s Impact On Retailers

PYMNTS

Between 2015 to 2016, consumer expectations for multiple purchase options grew from 61 percent up to 74 percent according to Retail Systems Research’s 2016 Customer Experience/Unified Commerce Benchmark Survey. The ability for retailers to capitalize on omnichannel shoppers seems to not quite be in the optimal spot yet.

Retail 137
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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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Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021)

Fintech Labs Insights

Two have been acquired by large banks, but they will stay on this list as long as they are operated as an independent brand. Founded: 2016. Founded: 2016. 9. – Founded: 2016. Lola (acquired by Capital One, 2021) FAB Score = 11. – HQ: Boston. Divvy (Bill.com). Bellevue, WA. $54. Tribal Credit. 215 reviews).

Cards 15
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Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021)

Fintech Labs Insights

Two have been acquired by large banks, but they will stay on this list as long as they are operated as an independent brand. Founded: 2016. Founded: 2016. 9. – Founded: 2016. Lola (acquired by Capital One, 2021) FAB Score = 11. – HQ: Boston. Divvy (Bill.com). Bellevue, WA. $54. Tribal Credit. 215 reviews).

Cards 15