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The Main Street Rescue That Wasn’t (And Still Isn’t)

PYMNTS

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? Millions of smaller businesses are grappling with the impacts of the pandemic.

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Tapping Sudsy Success on Main Street

PYMNTS

And, behind the scenes, the brewery’s story is that of an exacting journey of finding Main Street success. Two months later, Lamplighter was fully operational. According to the Brewers Association, there were around 4,100 breweries operating in the U.S. Growing Thirst for Suds. as of December 2015. Denver, Colo., Portland, Ore.

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

CB Insights

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. Funding and investor information is as of 9/6/17. .

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David’s Bridal Avoids Bankruptcy With Debt Deal

PYMNTS

David’s operates about 300 stores across the U.S., In addition, the Pennsylvania-based retailer brought in a new board of directors with members from Boston Consulting Group and Oaktree. David’s plans to use the new money to roll out improved marketing and match up the eCommerce pricing with the stores, said Marcum.

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The Shelby Group, Equiteq Team Up On Investment

PYMNTS

Mergers and acquisitions (M&A) advisory firm Equiteq announced that it advised The Shelby Group , an eProcurement transformation and optimization consulting firm, on a recent growth investment from Boston-based private equity firm WestView Capital Partners , according to a press release.

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New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

PYMNTS

More than two-thirds of marketers are still failing to capitalize on this outreach method, however, spotlighting a massive missed opportunity. Research shows that 98 percent of consumers open and read their text messages, which means that mobile channels can offer merchants a unique opportunity to reach their customers and encourage sales.

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