More Retailers Are Going Bankrupt Than Ever, And Auto Sales Decline — Plus, Groupon Folds Another 11 Markets. | | | | | | | | | | | | | Selling To The "Suburban Power Woman" | | While its parent company Macy's seems stuck in something of a tailspin, upscale cosmetics retailer BlueMercury continues to grow and win customers. Their secret? Focusing on the under-served, a slimmed-down design— and keeping in-step with the push for ever-cleverer products. | | |
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| | | | | | | Facebook Wants To Focus More On Community | | Facebook beat Q1 earnings expectations across the board, though shares fell in after-hours trading. While the numbers were strong, growth slowed a bit, as expected, and the focus was heavily on community and what the future holds in terms of tech and services. Read More... | |
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| | | | | Self-Driving Tech Companies Weigh In On California Policy | | An acquisition and a beefed-up partnership caught PYMNTS' eye in the car commerce/connected car space this week. Elsewhere, companies developing self-driving tech gave their two cents (and then some) on California's draft policy of new self-driving regulations. Can't we all just get along? Read More... | |
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| | | | | | Square At Scale | | Investors liked what they saw from Square this quarter as earnings, revenue, transactions and services revenue all exceeded expectations. The focus going forward? Using that momentum to drive scale. Read More... | |
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