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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. According to Carvana Chief Brand Officer Ryan Keeton, opening new markets brings an uptick in overall business. “We Apparently that will get you in trouble on the Street. New Markets. Ontario (L.A.),

Company 130
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Belk Works On Building Its New Legacy

PYMNTS

About a year and a half after the chain was sold off to a private equity group, Charlotte-based Belk is opening up new stores, though less well-performing ones are being shuttered. It’s even capitalizing on the department store drain that is ongoing. Most brands can’t do exactly what Belk has done. It’s growing.

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Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

Today, the bots are still being used across industries like fintech, healthcare, sales and CRM, retail, and even law — and they’re having important, though quiet, effects. Retail & e-commerce: Convenient shopping & scheduling. Swedbank, Capital One, SEB, and Wells Fargo have all introduced bots for similar purposes.

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The Beauty Tech Revolution: The Startups, Investors, Products And Tech Reshaping Personal Care

CB Insights

Colorescience , a chemical-free skin care brand, ranked third with a $15M investment. Within branded cosmetics, startups focused on skincare have attracted the most deals. In May 2017, L’Occitane added its second portfolio company in LimeLight by Alcone , a makeup and chemical-free skincare brand. Series A in March.

Trends 28
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Data’s Influence And Contactless Vending, In Style At Fashion Week

PYMNTS

In 1943, the fashion capital of the world at the time, Paris, was at war and under siege. And the evolution of who had access to Fashion Week in turn changed how brands started thinking about letting consumers access the goods they’d seen on display. Thus, New York Fashion Week was born. Thus, New York Fashion Week was born.

New York 144
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$1B+ Market Map: The World’s 260 Unicorn Companies In One Infographic

CB Insights

Google Ventures, New Enterprise Associates, MPM Capital. China Cinda Asset Management, IDG Capital. German Media Pool, Seven Venture Capital. Illumina, Celgene, Casdin Capital. Iconiq Capital. Morningside Ventures, JD.com, Tiantu Capital. Mithril, iNovia Capital, Foundry Group. Healthcare. 9f Group.

Company 78