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Report: Instacart Is Mulling IPO

PYMNTS

Representatives of grocery-delivery powerhouse Instacart have met with investment bankers to explore taking the company public, the Financial Times (FT) reported. 8) that it had received $200 million in new capital from existing investors Valiant Peregrine Fund and D1 Capital Partners, boosting Instacart's valuation to $17.7

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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

PYMNTS

Designer Brands Inc. reported that net sales plunged by 44.7 Designer Brands Chief Executive Officer Roger Rawlins said in the announcement, “As we said last quarter, the effect of COVID-19 on our industry has been unprecedented and has created many significant near-term challenges. percent to $482.8

Branding 141
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Return Season Hits Hard; Some Retailers See Bright Side Of Customer Experience

PYMNTS

With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience.

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Capital One To Focus On Digital, Close 37 Locations

PYMNTS

Capital One is going to increase its focus on digitization and close 37 branches around the U.S., according to a report by Yahoo Finance. Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. “We Net income CAGR was 8.2 percent throughout the same time period.

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Inspire Bets $11.3B That Its Brands Can Run On Dunkin’

PYMNTS

After first surfacing in reports about a week ago , the rumors it seems are true. Private equity-backed Inspire Brands will be buying Dunkin' Donuts and bringing it private for a whopping $11.3 Inspire’s Many Brands . That represents a purchase price of $106.50 a share, a 20 percent premium on the stock’s closing price on Oct.

Branding 183
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Corporate digital delivery channels and the customer experience

Celent Banking

Celent feels (and others agree) that it’s important that banks deliver an omnichannel digital customer experience, but the term means different things to different people. An omnichannel experience is even more critical when delivering services to corporate clients.

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Capital One Posts Mixed Results Amid Tech Transformation

PYMNTS

Capital One ’s domestic card business provided strong results and continued to pick up momentum, the bank said on Thursday (October 24). The bank also reported that non-interest expenses increased 2 percent to $3.9 Capital One said Q3 revenue decreased 2 percent year over year to $7 billion. billion, an increase of $1.7

Capital 101