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Black Friday Heads Toward Shades Of Gray

PYMNTS

COVID-19 shows no signs of abating – in fact, fears of a second wave have already hit New York City, among other metro areas. percent shopped online during Black Friday last year, which was double the 2018 number. percent of shoppers visited both a physical store and an online store last year. On the flip side, 20.4

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Toys“R”Us CEO Sees A Better Future With Smaller Stores

PYMNTS

The brick-and-mortar experience of Toys“R”Us most millennials remember from childhood — with its massive supply and aisles upon aisles of toys — is looking likely to become a relic of a bygone era in retail. We haven’t had the capital to do it.”. We want] toys out of the box and into the hands of kids,” Brandon said. “We

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Amazon’s New Toy Story

PYMNTS

Though millennial parents were hit with nostalgia, when it comes to the world of toy sales going forward, market watchers of all kinds have been asking themselves the same question for weeks: Now what? The pop-up shops will open alongside the Halloween City chops this September and run through the holiday season.

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OnDeck Adds New Small Business Lending Options

Fintech Labs Insights

Online SME lender OnDeck has announced a significant expansion of its product line for small businesses. One of the pioneers in alternative lending, OnDeck has used data aggregation and digital payment technology to provide small and medium businesses with capital since 2007.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Online marketplace for real estate investing. HQ: New York City. HQ: New York City. Millennial saving & investing app. Online consumer lending. Startup capital raising platform. HQ: New York City. Total raised: $136.7 HQ: San Francisco, California.

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Zola Gets Physical With Its Digital Wedding Registry

PYMNTS

When you think about millennial couples today, they are unlike any previous generation. Ma noted in an interview that the firm’s most important innovation is that its underlying technology platform easily integrates online assortments from new brands. They tend to live together before they get married. ”

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Fashion Forward: How Tech Is Targeting Waste & Pollution In The $2.4T Fashion Industry

CB Insights

The brands are working with city officials, fashion producers, and designers to focus on business models that keep clothes in use, incorporate more renewable materials, and recycle old clothes into new ones. From there, the clothes are recycled into new items instead of ending up in landfills. clothing rentals.