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How Brands Can Avoid Direct-To-Consumer Pitfalls

PYMNTS

Chief Operating Officer Ro Bhatia told PYMNTS in a recent conversation. Brands looking to sell directly to end users need a vision for what their omnicommerce experience should be, and a plan for how they’re going to deliver something to complement their existing business instead of merely complicating it. He also noted that sticky.io

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Gap Inc. Online Sales Jump 61 Pct Amid Drop In Store Sales

PYMNTS

24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. But all in, Gap Global’s net sales dropped 14 percent year over year, with comparable sales for the brand falling 5 percent from Q3 2019. said Tuesday (Nov. 31 — offsetting a 20 percent fall in in-store sales due to the ongoing pandemic.

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BankBazaar Turns Profitable With New Co-Brand Strategy

BankBazaar

BankBazaar Turns Profitable With New Co-Brand Strategy; Exits FY22 With Rs.156 National, April 07, 2022: BankBazaar.com , India’s largest fintech co-branded credit card issuer and online platform for free credit score, reported that it is profitable in March 2022. Success of Co-brand Model.

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Online Ordering Startup Lunchbox Notches $20M

PYMNTS

New York-based online ordering startup Lunchbox has raised $20 million in a Series A funding round led by Coatue and a mix of new and previous investors, according to a press release. Coatue has collaborated with brands like DoorDash and Instacart. The company is also planning strategic new hires and is looking to grab top-tier talent.

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Digital Exercise Brands Get Pumped Up As In-Person Fitness Loses Muscle

PYMNTS

But that national network of body-sculpting palaces is in disarray today, with major chains including Gold’s Gym and 24-Hour Fitness filing for Chapter 11 relief due to the coronavirus pandemic, along with a slew of other operators from privately owned yoga studios to fitness centers. billion visits for the year.”.

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Retail Pulse: Dine Brands Teams With Postmates; Walmart Rolls Out Alcohol Pickup

PYMNTS

Fast-casual restaurant groups are teaming with online food delivery firms to offer on-demand ordering to consumers through digital platforms. He also noted that the company was “thrilled to provide customers access to these restaurants in the 3,500+ cities we operate in.”. restaurants. In Other Brick-and-Mortar News.

Branding 101
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Walmart’s Bonobos Cuts Staffers To Buoy Sagging Online Sales

PYMNTS

“These decisions are not taken lightly, but we believe they are necessary to set the brand and business up for long term success,” a spokeswoman said. It started online and soon added stores where people could go and try on clothes and then place orders for them to be delivered. Walmart bought Bonobos for $310 million in 2017.

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