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Can A Startup Compete With Amazon For Online Book Sales?

PYMNTS

A startup with a plan to take on Amazon in the world of digital book sales might at first seem, well, a little crazy. Books were where Amazon got its first toehold into American consumers’ lives, and the idea that an upstart could step onto their home field and snag a win is tough to believe.

Online 141
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How Experiential Retail Is Giving Physical Stores An Edge

PYMNTS

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

Retail 210
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Fundation Pulls Community Bank Into FinTech Collaboration

PYMNTS

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too. Small businesses can apply within bank branches and online for loans of up to $250,000, reports said.

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Toy Fair Takes Business Into Its Own Hands

PYMNTS

In what appears to be an unprecedented move, an industry trade association is stepping in to help restart a retail community hit hard by the COVID-19 pandemic. These three virtual market weeks can help answer member and toy community needs. 14 to 20, all aimed at salvaging fourth-quarter buying decisions among retailers.

New York 255
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Coronavirus And The Global Rush To Create Connected Communities

PYMNTS

Those funds are being repurposed toward building community, toward crisis mitigation and, on the whole, toward keeping the consumer relationship alive and vital — even when consumers aren’t going to the stores. Instead, it is about establishing presence.

Community 150
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SMB Profile: Looking Forward To Christmas In Connecticut

PYMNTS

On March 24, on what would have usually been a busy day at the start of spring, the state ordered all nonessential retail shops on the green to shut down, as the pandemic crept its way north from New York City and south from Boston. Paul Listro, co-owner of Breakwater Books , remembers the day well. “We But you know what?

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Livestream Auction Startup Whatnot Notches $4 Million Seed

PYMNTS

Fandom had always had a place online, but truly thrived at in-person events and local retailers that catered to collectors and enthusiasts’ interest in one-of-a-kind and holy grail items,” Logan Head, co-founder and chief technology officer of Whatnot, said in a press release on Friday (Dec.

Community 215