PYMNTS

FEBRUARY 19, 2020

But Foxtrot, a small company out of Chicago, is reinventing convenience store retail and taking it uptown. It’s an ambitious business model, which so far has been limited to eight locations in Chicago, but certainly enough to prove the concept for LaVitola, who is an investment banker by trade, and his team.

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PYMNTS

OCTOBER 23, 2020

According to Amazon, the COVID-19 pandemic has triggered a massive move to online grocery shopping, home delivery and curbside pickup. Prime members in more than 2,000 locations can also receive unlimited free, two-hour delivery from Amazon Fresh and Whole Foods Market on orders of $35 or more.

Arizona 170

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PYMNTS

NOVEMBER 14, 2019

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates.

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PYMNTS

JUNE 10, 2020

had plummeted by 43 percent as the company brought stores back online but changed hours as well as operations. The coffee chain plans to bring approximately 300 new stores online in fiscal 2020, which is lower than the 600 previously forecasted. The firm foresees that its China and U.S. In May, same-store sales in the U.S.

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PYMNTS

JUNE 10, 2020

billion in a move that could result in the world’s largest online food delivery firm outside of China, with operations in 25 countries. The new combined company will be headquartered in Amsterdam, along with a North American headquarters in Chicago and a “significant presence” in the U.K., percent to reach $62.18

United States 141

United States America Chicago Operations 141

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

JUNE 11, 2020

No less than Sam’s Club, Starbucks and fashion high-flyer Zara have made adjustments to online ordering and purchasing. The announcement comes after Inditex saw a 95 percent surge in online sales for the month of April alone. The answer: fewer stores and a more concerted push online.”. Zara’s announcement was the most dramatic.

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PYMNTS

APRIL 22, 2019

Eventually, the company plans to expand to other markets, including L.A. “We We look at Recess’ launch on Uber Eats as another distribution channel for the brand, with Recess IRL [the company’s New York shop] serving as the storefront for on-demand delivery operations,” said Benjamin Witte, founder and CEO of Recess. among others.

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New York San Francisco New York City Boston 172

Bank Innovation

JANUARY 28, 2019

The Chicago-based bank is dealing with the fallout from a glitchy launch last week of its new mobile banking […].

social media 186

social media Chicago Mobile Company 186

PYMNTS

FEBRUARY 11, 2020

In the age of Amazon, achieving success in this market takes dozens of fulfillment centers, advanced logistics and sophisticated enterprise technology. We now live in a world where consumers expect their online purchases to arrive at their doorstep almost instantaneously. “We

San Francisco 131

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PYMNTS

MARCH 23, 2018

When Foxtrot ’s Mike LaVitola was studying at the University of Chicago’s Booth School of Business, he witnessed many on-demand mobile apps and business models coming to market. In 2014, Foxtrot launched online, but the company opened its first brick-and-mortar store a year later. The Online Grocery Market.

San Francisco 116

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PYMNTS

MAY 31, 2018

The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. Cars.com, based in Chicago, launched in 1998 and became a public company in 2017 in its spin-off from TV broadcaster and digital media firm Tegna. and autoscout24.de.

Indiana 105

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PYMNTS

AUGUST 6, 2019

Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . However, the company hasn’t been immune from the same market conditions that sent Sears and Kmart into bankruptcy.

New York 108

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PYMNTS

JANUARY 16, 2019

Marc Metrick, the company’s president, told The Wall Street Journal , “I think over time, whether it’s because of the internet or brands opening their own stores or new entrants to the market, making a transaction wasn’t going to be why you came into a department store. You have to come to a department store for other reasons.”

Chicago 186

Chicago New York City Retail United States 186

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. 2nd Address.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

MARCH 27, 2020

In a recent report, CrunchBase looked back at how VC investors reacted to the market downturn over a decade ago. The publication pointed to commentary from angel investor and entrepreneur Jason Calacanis, who predicted “that 50-80 percent of the venture-backed startups currently operating will shut down or go on life-support.”

Cards 181

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PYMNTS

NOVEMBER 29, 2017

Regular folks (the ones who didn’t have housekeepers for that sort of thing) were enamored with the coin-operated machines that, for the first time, saved them the trouble of doing the wash themselves. Enter Al Capone and the Chicago Outfit, who turned the popularity and cash-based nature of the laundromat into an opportunity.

Chicago 117

Chicago Fraud Operations Marketing 117

PYMNTS

MARCH 11, 2020

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. This year we expect another year of market-leading growth. Our cohort growth was broad based with many markets crossing key milestones.”. New Markets. billion, on an 82 percent increase in retail sales.

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PYMNTS

OCTOBER 17, 2017

Both Groupon and Grubhub are Chicago-based, although OrderUp calls Baltimore home. Grubhub absorbed 27 of OrderUp’s markets, including Baltimore itself, reported The Baltimore Business Journal. Grubhub saw the Foodler acquisition as an opportunity to strengthen its position in New England, according to The Boston Globe.

Baltimore 138

Baltimore Boston Chicago Mobile 138

PYMNTS

APRIL 4, 2018

Through platforms such as Slice , small pizzerias can tap into technology that allows their customers to order pizza online for pickup or delivery — just like the larger national chains. Digital orders for local pizzerias is a largely untapped market. The value of the online pizza delivery industry alone is already $7 billion.

San Francisco 128

San Francisco Comparison social media Online 128

PYMNTS

MAY 16, 2017

That was, until just a few years ago, when eCommerce started to pick up steam and people started buying their furniture online from places like Wayfair and Overstock.com. One company that’s helping to move the ball for many living in various space sizes is startup on-demand furniture company Interior Define, based out of Chicago.

Chicago 115

Chicago Policies Company Industry 115

PYMNTS

MARCH 9, 2017

While much has been made in the past few months about Amazon’s grocery store of the future, Amazon Go isn’t the online retailer’s only brick-and-mortar play — and a new move indicates that Amazon looks to continue expanding its physical retail presence outside of the grocery space. That’s not all.

New York City 109

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PYMNTS

SEPTEMBER 25, 2019

More practically, this means the consumer can buy and access Oprah Book Club selections via the Apple Books service (both eBooks and audiobooks), and Apple TV will feature the famous former talk show host out of Chicago interviewing authors. Indeed, the streaming market is an increasingly competitive space. The Oprah Effect.

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PYMNTS

DECEMBER 8, 2020

Last month, Chicago announced a 15 percent delivery cap on what third-party aggregators can charge restaurants. DoorDash stands out as a strong example of latching onto the hot IPO market (reports have the company valued at as much as $30 billion, as CNBC reported ).

Seattle 160

Seattle New York City Washington New Jersey 160

PYMNTS

OCTOBER 21, 2016

Consumers want everything these days, from online shopping with one-click ordering and fast delivery to an exciting and high-tech shopping experience at physical stores. The company also announced Nina Barjesteh as the new marketing chief and the creation of a new position of chief customer officer. to less than $0.29. percent to $1.19

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

DECEMBER 6, 2019

backers focused on accounts payable (AP) technology, cannabis procurement and small business lending, to name a few – but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week’s roundup. Chicago’s Leaf Trade saw $4.5 From Singapore to the U.K., Leaf Trade.

Fintech 133

Fintech Capital Lending Chicago 133

PYMNTS

MARCH 9, 2020

And in in an interview with Karen Webster, Dave Szuchman, PayPal’s head of Global Financial Crime and Customer Protection, said that understanding how guns are bought and sold on the black market can help reduce, and block, illegal access to firearms. People are looking to make money. So, it’s almost like what is old is new again.”.

Data 177

Data United States Chicago Community 177

PYMNTS

OCTOBER 9, 2018

Sales of things like personal care products, cosmetics and various other household goods have been slipping, as consumers are increasingly stocking up online or at alternative retail venues like dollar stores for those types of items. The pair-up will also see some private-label Kroger brands migrating onto Walgreens’ shelves.

Los Angeles 158

Los Angeles Chicago New York City Minneapolis 158

PYMNTS

AUGUST 12, 2019

No offense against Groupon, the relatively longstanding online discount provider, but the spotlight hasn’t been shining so brightly on the Chicago-based company in recent years. In the second quarter of 2019 , the company reported a net loss from continuing operations of $38 million, compared to $92.3 Marketing expense was $88.9

Cards 100

Cards Online United States Chicago 100

PYMNTS

OCTOBER 31, 2018

and marketing heavily during football games. According to Creed, delivery will be online in 2,000 KFC locations in the U.S. Creed also spoke at some length about the brand’s partnership with Grubhub to drive sales to KFC and Taco Bell through online ordering for pickup and delivery. Yes, I do.”. and around the world.

Branding 138

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PYMNTS

SEPTEMBER 25, 2019

More practically, this means the consumer can buy and access Oprah Book Club selections via the Apple Books service (both eBooks and audiobooks), and Apple TV will feature the famous former talk show host out of Chicago interviewing authors. Indeed, the streaming market is an increasingly competitive space. The Oprah Effect.

Apple 108

Apple eBook Online United States 108

PYMNTS

JUNE 1, 2017

Sur La Table operates more than 100 brick-and-mortar stores, a website, and a catalog. Rather than leaving the house for an item, they can get what they need the same day — even in two hours in some markets.”. It already offered merchandise delivery. For $14.99

San Francisco 100

San Francisco Portland Chicago Tools 100

PYMNTS

OCTOBER 18, 2019

Brick-and-mortar retailers are joining forces with online reCommerce companies to bring pre-owned merchandise into their stores, adding to their sustainability efforts. They were to be available in some Chicago, Nashville, Austin and New York stores beginning on Oct. Madewell is no stranger to efforts in sustainability, however. (The

Retail 101

Retail Kansas City Nashville Kansas 101

PYMNTS

NOVEMBER 14, 2017

An eCommerce player, Bitsy sells arts and crafts retail products online. Though it has been officially acquired, Blitsy will operate largely as an independent subsidiary of Nicole Crafts LLC and remain based in Chicago, though it will have access to A.C. Moore, is making a big push into digital.

Chicago 116

Chicago Retail Industry Branding 116

PYMNTS

NOVEMBER 5, 2020

But after the war in 1872, Aaron Montgomery Ward of Chicago produced a popular catalog for his mail-order business. They’re still part of the market, particularly the holiday shopping market in 2020. With the bankruptcy of Toy R Us in 2017, the market didn’t only lose its dominant seller of children’s toys.

Retail 171

Retail United States Chicago US 171

Gonzobanker

OCTOBER 12, 2022

Heck, in my recent travels to Vancouver and Chicago, words of admiration and wonder accompanied each mention of its growth story. Less than 10 years old, the Brazil-based digital bank counts 70 million clients across its three operating countries ( source ). Olé Olé Olé. Don’t Look Back in Anger. Nubank fits that bill.

Fintech 97

Fintech United States Chicago Mobile 97

PYMNTS

OCTOBER 2, 2018

Avant’s consumer-facing product is devised as a digital alternative to that market. Potential borrowers apply online or via mobile, can be approved and offered a rate within 15 minutes, and can have their loans funded within 24 hours. A Better Option For Banks. These are massively complicated and expensive systems to build.

Lending 134

Lending Alabama Online System 134