Keeping pace: A timeline of two years in athletics retail

retaildive | January 13, 2020

A rollercoaster year in athletics retail was capped off this fall with the departures of Nike CEO Mark Parker and Under Armour CEO Kevin Plank. Paired with another executive change at Adidas as Eric Liedtke, head of global brands, stepped down, the moves amount to “seismic changes” in the category, according to NPD Vice President and Senior Industry Advisor of Sports Matt Powell. All three announced their departures over a two-day span in October. The announcements were defining moments for athletics retail in 2019, but the past two years have also scripted a longer story based on a few key themes. One can be found lurking in ad campaigns and between the lines of a few lower-profile executive departures.

Spotlight

To find out more about a brand, product, or site, type the name into a search engine with words like “review,” “complaint,” or “scam.”Some sites show the price of a product at several online stores. Keep shipping costs in mind when computing the best deal.

Spotlight

To find out more about a brand, product, or site, type the name into a search engine with words like “review,” “complaint,” or “scam.”Some sites show the price of a product at several online stores. Keep shipping costs in mind when computing the best deal.

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RESTAURANT POS

MarginEdge, Leading Restaurant Management Platform Expands Integration With Square

MarginEdge | November 17, 2021

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POS RETAIL

Bolt Closed Funding Round with $75 Million for eCommerce Innovation

Bolt | December 28, 2020

Checkout platform Bolt has shut a financing round with $75 million, covering a year where it handled $1 billion in exchanges, as per a report by Venture Beat. Bolt additionally observed a ten times increment in the size of its customer organization, alongside 250,000 added customers to its organization every month. The round observed the organization's valuation hit over $215 million. The round was driven by General Atlantic and WestCap, and existing financial specialists Activant Capital and Tribe Capital likewise partook. Bolt was established in 2014 in San Francisco and chips away at instruments to smooth out web exchanges. While it at first centered around cash in online checkouts, the organization has stretched out to chip away at checkout and extortion recognition, incorporating with organizations like Shopify, Magento, BigCommerce, WooCommerce and Salesforce Commerce Cloud, as per the report. Bolt manages extortion decrease through recognizing mouse pointer areas, composing rate and precision, reordering conduct, and other information encompassing browsing, cart and checkout. Clients hailed as being perhaps noxious can likewise offer and demonstrate that they aren't, the report says. In light of a preprocessing technique allowing components to stack in under a second, Bolt can accomplish proficiency, the report says. Clients don't need to enter a billing address and the portable experience is no-scroll and over the overlay, with a post-checkout enrollment model allowing clients to stand by until after checkout to pursue an account. There has been a surge in eCommerce this year because of the pandemic, at the expense of in-person shopping as people tried to stay clear of the coronavirus. Data from the IBM U.S. Retail Index showed that this accelerated the digital shift by five years, with eCommerce transactions for grocery orders alone hitting $5.9 billion, the report says.

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RESTAURANT POS

Axe Payments named the Exclusive Payments Processor of the Alaska Hospitality Retailers

Axe Payments | September 16, 2021

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