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Tracksmith: Taking DTC Running From Heartbreak Hill To The Global Market

PYMNTS

Boston is home to the world’s “statement race” — the Boston Marathon. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world.

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Barneys’ Flagship Madison Avenue Store To Stay Open For Now

PYMNTS

As the buyer of the luxury retailer brand negotiates with the store’s landlord, Barneys New York’s flagship store on Madison Avenue in Manhattan will stay open for at least another year in a smaller form. Authentic Brands bid about $271 million for Barneys, saying that it would make the Madison Avenue location into a pop-up shop.

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

PYMNTS

Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”. These are the top stories in retail for Tuesday (Nov.

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Top News In Payments: Brex Unveils Management Account; Saga Teams With Marcus For Savings Accounts

PYMNTS

Brex Co-Founder and Co-CEO Henrique Dubugras said in a press release , “Even before customers think about credit cards, they need a place to store their business capital. Taco Bell is among the major restaurant brands that has teamed with delivery service provider Grubhub to reach customers. Inside Taco Bell’s Omnichannel Overhaul.

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

Cava Group. Cava Group (formerly Cavamezze Grill), is the company behind the fast, casual Cava Grill restaurants and a fast-growing prepared foods wholesale business. Select VC Investors: Khosla Ventures, Social Capital. Select VC Investors: Cue Ball Capital, Valley Oak Investments. Select VC Investors: Otium Capital.

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Happier Hour: 55+ Startups Disrupting The Alcoholic Beverages Industry

CB Insights

Whether you call it happy hour, apéro, or aperitivo, the couple of hours right after work and before dinner is a key drinking occasion for major alcohol brands. To tap into the craft spirits and new alcoholic beverages trends, major alcohol companies such as Diageo, AB InBev, and Pernod Ricard have all started to invest in emerging brands.

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Rescuing The Restaurant Business From App Decline

PYMNTS

Then add in services like Group, LivingSocial, and Restaurant.com, which provide deep discount offers at restaurants throughout the city and suburbs,” said Eddie Fahmy, long-time restaurateur and president at A2Z Restaurant Consulting. It’s a new concept that means both parties win.”.

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