Overstock Could End Its Love Affair With Blockchain, Plus Lowe's Is Offering Prepaid Cards For Construction Crews, And These Department Store Giants Sizzle and Fizzle. | | | | | | | | | | | | | PayPal Acquires Swift To Expand SMB Lending Options | | Behind every small business is a person hoping to make a better life for herself and her family. Access to working capital can often mean the difference between just getting by (or maybe not even) or taking that business to the next level. Linda Lightman is the founder of one of those small businesses: Linda’s Stuff. Lightman tells Karen Webster how a loan from PayPal, via their summer pilot with Swift Financial, after banks said no has made it possible for her to invest in the new technologies needed to keep her 17-year-old luxury consignment business on top of its competitive game. | | |
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| | | | | | | Welcome To Alexa City | | "Alexa, when is trash collection? Is the City Council meeting tonight? What time does the library close?" The city of University Park, Texas is the next to introduce a city-wide custom skill set for residents who use Amazon's voice assistant, Alexa. It follows in the footsteps of Los Angeles, and the state of Georgia is up next. What makes Alexa such an appealing tool for municipalities, and if she's so qualified for the job, then why don't we have coast-to-coast Alexa City? Read More... | |
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| | | | | Macy's Beats, But No End To Negative Comps In Sight | | Yes, Macy's earnings were better than the Street expected, but those expectations were hardly a high bar. The sales declines continue, the guidance was soft, and yet, there were a few, OK, very, very few bright spots, if you took the time to look backstage. Read More... | |
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| | | | | | Shift In Luxury Consumers | | The key luxury consumer may surprise some in the retail industry. As millennials wait until an older age to get married and have more of a focus on career, this group is become the majority in the high-end purchasing arena. Read More... | |
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