PYMNTS
DECEMBER 24, 2020
When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. They and others have succeeded because they entered the market independent of traditional retail, and because their business model fit the needs of the pandemic.
PYMNTS
JULY 30, 2020
Sezzle , the Minneapolis-based installment-based payments platform, has announced the appointment of Reid Bork to its leadership team. In the newly created role, he will be responsible for leading the company’s large-scale retail acquisition efforts.
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PYMNTS
NOVEMBER 14, 2018
hedge fund Tiger Global Management and existing investors Coatue Management and Valiant Capital. The funding round was led by hedge fund D1 Capital Partners, and came only six months after the startup closed on a $350 million round of investing. A source told Reuters that the additional funding comes from investors, including U.S.
PYMNTS
MARCH 15, 2019
Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11. The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world.
PYMNTS
JULY 29, 2020
The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to Digital 3.0. Such is the case with Minneapolis-based Peace Coffee. While Wallace and her team will continue to build that channel, she expects that recent retail successes will carry the year.
PYMNTS
AUGUST 21, 2020
It’s not often that Walmart gets upstaged in the world of retail. But this week, Bentonville got smoked by the other brick-and-mortar powerhouse just up the Mississippi River in Minneapolis: Target. Unless Walmart+ is in the mix, it’s hard to say that the retailer is pushing customers toward the digital experience.
PYMNTS
MARCH 16, 2016
Sometimes, even the brightest LED television screens fade away, and sometimes, the most expensive battery packs that an electronics retailer can stock end up losing their charge. Best Buy announced Tuesday (March 15) that Brad Anderson, former CEO of the organization and current member of its board of directors, is retiring from his position.
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