Detroit Marketing Retail Technology 
PYMNTS
FEBRUARY 1, 2021
While the wisdom and strategy can be debated, there is no arguing the fact that GM’s decision to wean itself — and the world — off of fossil fuels will have tectonic effects that will be felt far beyond Detroit, and will take along for the ride scores of ancillary businesses that keep America’s love affair with the automobile rolling.
PYMNTS
JANUARY 16, 2020
Close the door and buckle up – retail automotive sales are getting an upgrade. The online marketplace company aims to eventually use AI technology on descriptions, so that a user could give basic details and the AI would flesh out the rest. The Detroit office will be pivotal to the company’s future plans. More Funding.
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PYMNTS
JANUARY 10, 2020
Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. Luckin is hardly the only retailer tapping into the potential of vending machines. states and 24 countries.
PYMNTS
MAY 31, 2019
Some entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of home shares but the opportunity for something better than a hotel. The Market.
PYMNTS
DECEMBER 6, 2019
Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. The company opened an engineering port in Detroit this year. The Detroit office will be pivotal to the company’s future plans.
PYMNTS
FEBRUARY 26, 2019
Major retailers are pitching premium baby care products at a less-than-premium price tag with the help of exclusive brands: Walmart is offering Hello Bello exclusively at its stores and its website (and that of the brand). The Market For Premium Brands. Hello Bello, in particular, seeks to focus on value through its pricing.
PYMNTS
AUGUST 5, 2020
The Detroit-based company is expected to market a reduced number of shares at about $18 to $20 apiece, Bloomberg reported, citing sources. The report stated the downsizing may signal the IPO market’s worry as the pandemic deepens across much of the U.S., Rocket describes itself as the largest retail mortgage lender in the U.S.
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