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Northwestern Mutual commits $150m to startup investments

Bank Innovation

This builds on the $43 million in capital that the Milwaukee-based investments and insurance giant invested in 14 startups as part of its its first corporate venture fund, which rolled out in 2017. Northwestern Mutual has launched a second venture fund to support startups working in financial services.

Milwaukee 170
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Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

Right now, Whole Foods has about 470 stores around the nation – which isn’t much considering the proliferation of Walmart and Kroger stores, but it now has the capital to expand into previously unreachable areas, like Montana. The store shut down in the middle of last year, and there haven’t been any new tenants since.

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DoorDash Dives Into Grocery Delivery Business

PYMNTS

Chicago, Cincinnati, Milwaukee, Detroit and Indianapolis customers can order from Meijer and Fresh Thyme. A June fundraise put San Francisco-based DoorDash’s market capitalization at about $15 billion , but the company’s rapid growth has come with challenges. The service is launching on the West Coast and in the Midwest.

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Peace Coffee Perfectly Times Its Pandemic-Fueled Growth

PYMNTS

Before the pandemic, it was a strong regional brand that combined conscious capitalism with direct-to-consumer (DTC) capabilities, with four popular retail locations, a rabid fan base and solid retail distribution for its whole-bean blends. But sometimes the pre-pandemic plans work out just fine.

Milwaukee 130
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Which are America's healthiest credit unions?

Abrigo

The ratio gauges a financial institution’s ability to cover its bad debts with its total capital and allowances. Texas Ratio is a key performance indicator in the banking industry, used to assess an individual credit union’s health as it relates to credit quality.

America 150
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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

And Starbucks has a new investor : Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 In September , Amazon and Whole Foods Market brought the service to Ann Arbor, Detroit, Jacksonville, Milwaukee, Madison, Omaha, St. percent stake in Starbucks.

Retail 116
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Retail Bedfellows Tracker: Under Armour Goes Mainstream, Tesco Seeks Roommates

PYMNTS

Under Armour will be one such well-represented athletics brand during the Rio Games, and it’s done the heavy lifting of capitalizing on post-Olympics momentum as well. “This will be, if not the , one of the biggest launches in the history of Kohl’s,” Gass said.

Retail 100