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Why TOMS Shoes Is Putting A Toe In Brick-And-Mortar

PYMNTS

He wanted to be Indiana Jones. Mycoskie is no longer CEO — after selling much of his share in the firm to Bain Capital in 2014, he has since moved to the official role of Chief Shoe Giver and has focused his attention on what’s next for TOMS Shoes. However, he quickly ran into an issue. The Importance of Direct Connections.

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

CB Insights

Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then. Additionally, many of these physical retailers have lost the cache they once had as new direct-to-consumer brands with a hyper-focus on specific products have taken off.

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Deposits: Do you want a relationship or fries with that?

Jeff For Banks

ING Bank is a pure Internet play that builds on its brand power and competitive rates to drive deposits in its virtual doors. As its brand evolved, ING and its well-known Orange savings account has been able to attract deposits that are not priced at the top of the market. At first, it was a pure Internet high cost money play.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

Select investors : Amazon, Hummer Winblad Venture Partners, Bowman Capital Management LLC. Launched in February 1999, Pets.com sought to capitalize on widespread internet access and a $23B pet supplies market by selling products directly to consumers. Total funding : $161M. The rise and fall of Pets.com.

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Payments’ Stranger Things

PYMNTS

The first two seasons of “ Stranger Things ” were all about the efforts of Eleven — a paranormal psychic — and the townspeople living in the fictional town of Hawkins, Indiana, to keep the hive mind from turning the real world into their upside down. They expand into the Yellow Scooter business and decide to brand Lemon.

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‘Stranger Things’ And Starcourt Mall Teach Us About Big Tech And Innovation

PYMNTS

Had I been in town, I might have used Google to find a store near me in Boston that carried the brand I wanted so I could try before I bought. Brands today don’t even need stores – they can now go directly to the consumer, on channels like Instagram. I was traveling at the time, so that shopping experience worked really well for me.