Remove Boston Remove Community Remove Comparison Remove Online
article thumbnail

Smart Watches, Run Hubs And New Balance’s Retail Reset Button

PYMNTS

Boston-based athletic company New Balance has a simple mission: to become the world’s best running brand. New Balance, by comparison, brings in a mere $3 billion annually — certainly nothing to shake a stick at, but still 90 percent smaller than Nike. The Step Into Tech: The RunIQ . We started in the U.S.

Retail 100
article thumbnail

Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

That sounds like a large number, though it is difficult to make an apples-to-apples comparison with cards issued by others, since as a general rule banks do not break out performance by individual cards. According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub.

Apple 101
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Offset an Evaporating Data Center

Gonzobanker

Numerous applications, including card processing, online banking and bill pay, are overwhelmingly being outsourced. Industry-specific tech talent is consolidating and migrating to programmer and megabank community hotspots in San Jose, Seattle, San Francisco, Boston, Raleigh, Charlotte, Atlanta and Phoenix.

Data 61
article thumbnail

Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

HQ: Boston, Massachusetts. Online foreign exchange services. Nigerian online credit card processor. Tags: Consumers, lending, student loans, credit, price comparison, discovery, lead gen, Y Combinator (investor). Source: Crunchbase. Maxwell Health. Payroll & beneifts platform. Latest round: $22 million Series C.

Company 12
article thumbnail

Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

E-commerce sales growth is pulling ahead of total retail sales ( 17% vs. 6% for year-over-year in Q4’17), and Amazon is controlling upwards of 40% of online sales in the US, according to the US Department of Commerce and Slice Intelligence, respectively. ” — Alistair Davidson, CFO, Ikea. Its membership fee revenue grew 12.6%

Retail 59
article thumbnail

12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

One popular explanation for this is that millennials are simply shopping less in physical locations in general, preferring to do their shopping online. Gucci has also had some success with millennials — the company’s sales rose by 86% in 2017 following a targeted online “geek chic” campaign. Millennials are 6.4%

article thumbnail

121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Steering the ship — handling all of the engineering, manufacturing, marketing, and retailing, even when you’re taking 90 percent of the subsequent profits — was ultimately too expensive of a proposition, especially in comparison to other, less-handholding-oriented start-ups. via Beta Boston. via MDDI Online. via Boston Magazine.

Capital 78