Remove 2009 Remove Capital Remove Leadership Remove Retail
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Best Buy’s Board Loses Former CEO

PYMNTS

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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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Leadership and board members. Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Focus on developers.

Online 98
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Are you a bull or a bear, and how will it impact your planning for 2020 and beyond?

Gonzobanker

Regardless of their viewpoints on capital recovery, now is the time for banking leaders to reevaluate their planning strategies. In a recent Fortune survey, 55% of corporate executives said they expect to return to 2019 capital spending levels sometime in 2021. What businesses need capital in the interim? Capital will be king!

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Former StanChart Exec Joins Zafin

Tech and Finance

In this newly created role, Basker will lead two strategically important pillars in the growth agenda for Zafin — capitalizing on business opportunities through a coordinated transformation of Zafin solutions, processes and disciplines to achieve scale and speed and global expansion of advisory services.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Date: May 21, 2009. When Cisco paid almost $600M for Pure Digital in 2009, it probably seemed like a great investment for their consumer products department; Pure Digital’s Flip HD digital camera was a hot seller at the time. After only two years, Google sold Motorola to Lenovo for $2.9B. Cisco and Pure Digital. Price: $590M.

Google 76
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Taulia Announces Record New Bookings; New CMO Holzapfel

Fintech Labs Insights

New customers include “two of the world’s top 10 retailers” as well as a “leading pharmaceutical manufacturer and one of the largest U.S. Holzapfel was previously CMO at Addepar, and served on the leadership team at SAP. Raised $46 million in funding bringing total capital to more than $130 million.