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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.

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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.

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

CB Insights

Research BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? The retail apocalypse has claimed many victims , with almost 7,000 stores closing in the US in 2017. And that’s just since February. However, this isn’t the whole story.

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

Fintech Labs Insights

Point-of-sale financing for retailers. HQ: Boston, Massachusetts. Tags: Consumers, lending, student loans, credit, price comparison, discovery, lead gen, Y Combinator (investor). Latest round: $25 million Debt. Total raised: Unknown. HQ: Toronto, Ontario, Canada. Source: Crunchbase. Maxwell Health. Total raised: $56.4

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

CB Insights

GET THE 54-PAGE RETAIL TRENDS REPORT. Not all in-store retailers have fallen out of favor with millennials the way department stores have. 70% of millennials say that they shop at off-price retailers like TJ Maxx and Marshalls. Between 2006 and 2015, off-price retail sales went from $18B to $35B — a jump of 94%.

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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 Boston Globe.

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Will Main Street USA Profit From A Trump Win?

PYMNTS

The latest PYMNTS Store Front Business Index™ reveals that, while store front businesses showed growth in Q3 2016, that growth dipped slightly in comparison to Q2 2016. Specifically, the index focuses on “store fronts,” or the shops that line the main and side streets of our local communities. percent noted in Q2 2016.

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