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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

16) that it’s signed an exclusive multiyear arrangement with the New York Giants NFL team, making DraftKings the franchise’s “official sports betting, iGaming and daily fantasy operator.” DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers.

Online 168
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QSRs Supersize Their Digital Ante

PYMNTS

That said, mobile order-ahead apps — as can be the case generally when comes to many types of retail innovations — have lower adoption among smaller QSRs. Additionally, 86 percent of mobile app operators said their offerings boosted revenues, and 93 percent said apps improved guests’ experiences and encouraged repeat purchases.

Mobile 148
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Increased expenses, supply chain inefficiencies, and the need to enhance operating results contributed to the perfume retailer’s bankruptcy, which was court-approved in October.

Retail 78
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How Main Street Businesses Honed Their Survival Skills In 2020

PYMNTS

According to PYMNTS data, more than 60 percent of Main Street firms have at least three channels operating to drive sales: online, at physical stores and mobile. These SMBs have spent the year forcibly pursuing their own survival and getting digital and inventive about how they’ve done it.

Maine 169