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Nestlé Expands Into Coffee Market, Acquires Blue Bottle

PYMNTS

California coffee chain Blue Bottle has just been slurped up by Nestlé, the world’s largest food and drinks company, based in Switzerland. It is known as a chain of minimalist, hipster-style cafés targeting millennials with brews made using only the freshest, locally roasted coffee beans.

Marketing 139
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Wine.com Uncorks A Vintage Year

PYMNTS

And the wine retailer of the year? The 2019 wine retailer of the year was online – specifically, it was a good year for Wine.com. There are gatekeepers for economic reasons all over the world of online retail. The company’s growth has been consistent with the overall online retail category.

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Can ‘Elective’ Fees Work For Retail Banks?

PYMNTS

In a new PYMNTS interview, Andrei Cherny, CEO at Aspiration Bank, shares with Karen Webster his experience in building this new retail banking concept over the last four years. What we’ve really done is create this category of socially conscious, sustainable retail banking that really didn’t exist before,” Cherny said. “We

Retail 116
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Digital Payments, Online Ordering And Memberships Top This Week’s News

PYMNTS

Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Millennials Drive More to Faster Payments . Weak iPhone Sales Cost Apple Nearly Half a Trillion Dollars in Market Cap .

Online 148
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Building A Delivery Market For Cannabis … Carefully

PYMNTS

Which means the team at Eaze is ready to innovate for the next phase of the market: when cannabis becomes just like any other consumer good. Former CEO Keith McCarty noted in an interview with Recode, that he expects the market to go much the way the alcohol market did. There are no Eaze drivers because they don’t have drivers.

Marketing 110
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How Hims Taps eCommerce To Take Taboo Out Of Millennial Male Health

PYMNTS

Founded a little over a year ago, Hims seeks to tap the millennial male market by offering up skincare solutions, hair-loss products and erectile dysfunction medication (specifically, a generic form of Viagra) online. Mens health and personal care startup Hims offers up a pretty straightforward business proposition.

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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. However, some retailers prefer to play cards of the kind as close to the corporate chest as possible. billion acquisition of Home Retail Group.