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Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

PYMNTS

Rinse has a solution for both, and thanks to a $14 million Series B funding round led by Partech, it’s taking that solution to two new cities: Boston and Chicago. The $14 million of funding Rinse recently secured will not be going into the company’s tech as much as into building out its team as it looks to launch in new markets.

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Ouai Prepares For Ulta Beauty Store Rollout; Reliance Industries Launches Retail Service

PYMNTS

Online brands are growing their presence in the physical world by bringing their products into brick-and-mortar stores. Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan.

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Lowes And b8ta Collaborate On Smart-Home Shopping

PYMNTS

According to a Lowe’s blog post on the subject, the Smart Home shops will include thermostats, cameras, lighting, speakers and more from brands like Google, Sonos, GE, Nest, Iris, Samsung and Ring. b8ta makes shopping for connected home products accessible and easy,” said Phillip Raub, co-founder and chief brand officer of b8ta.

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Starbucks Hits 16.3M Mobile Users, Eyes Expanded Delivery

PYMNTS

There were areas of investor concern, though, particularly the slowing growth in the Chinese market. The two firms piloted the delivery program, starting last fall, in Miami. Over the next several weeks, delivery services via Uber Eats are on deck to roll out in Boston, Chicago, Los Angeles, New York and Washington, D.C.

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Mobile Payments: Samsung To Tackle Africa And Google The App Landscape

PYMNTS

Meanwhile, Samsung is tackling the African market ahead of Apple and Android, and Google announces a way to avoid app downloads. Miami Transportation To Offer Mobile Payments. Passport has designed similar mobile applications for the transportation systems in Chicago, Toronto and Boston. But the similarities end there.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

And before the dot com crash, Goldman Sachs’ IPOs did tend to jump an average of 293% from their starting price through their first Friday on the market — compared to 26% for the bank Donaldson, Lufkin & Jenrette and 78% for Merrill Lynch. When Facebook went public in 2012, the stock fell 15% in its first few days on the market.

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Retail’s Small Business Crisis

PYMNTS

No small businesses in those areas means no SMB jobs in those markets. Furman, in his speech, said that an Economist report published in 2016 showed that the top four companies in more than 40 percent of the 900 industries they examined controlled more than a third of the market. The rest of the country, combined , added 300,000.

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