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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. Under its Giants deal, DraftKings will receive “premier brand integration across MetLife Stadium during Giants home games,” per the companies’ statement.

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Amazon Debuts Private Label Skincare Brand

PYMNTS

Amazon.com Head of Beauty for Private Brands Kara Trousdale said in the announcement, “Our goal is to help customers spend less time and money searching for the right skincare solutions.” billion by 2025, according to some estimates , registering a CAGR of 5.9 As it stands, beauty is a big and booming worldwide business.

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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

PYMNTS

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

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Volkswagen Launches HeyCar, An Online Platform For Used Car Sales

PYMNTS

Volkswagen has launched an online platform for used car sales, Reuters reports. The company intends to double its portfolio of credit, leasing and insurance contracts by 2025, which would be 30 million units, according to the report. Back in February , Volkswagen also began its efforts to push online car sales in Denmark.

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Report: Instacart Is Mulling IPO

PYMNTS

Instacart said it has already surpassed its 2025 milestones and is tracking to exceed $35 billion in grocery sales in 2020, PYMNTS reported. The opportunity for Instacart is significant, and we're proud to once again increase our investment in the business.”.

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Retail Pulse: Walmart Provides Health Career Path; Inspire Brands To Buy Jimmy John’s

PYMNTS

Inspire Brands is poised to acquire Jimmy John’s for an undisclosed price in a deal that would make it the fourth-largest restaurant company in the country. Inspire’s long-term approach, culture of innovation and commitment to helping brands grow set it apart from the rest.”. In Other Brick-and-Mortar News. billion to $43.6

Branding 101
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New Math: Walmart+ Doesn’t Equal Amazon Prime

PYMNTS

Amplify ETFs CEO Christian Magoon, who runs the Amplify Online Retail ETF (IBUY), expects to see current Walmart customers sign up, rather than current Prime users making the switch or adding another membership program. We have three ideas: First, it’s a branding play. So, maybe Walmart+ hasn’t hatched its service as an Amazon-killer.

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