Airpay is using a hands-on approach to encourage Indian consumers to go cashless. Plus, rising gas prices add another variable to retail industry’s recovery, and activist investor Ryan Cohen is pushing Bed Bath & Beyond to consider a sale.
Data
$4.11: Highest per-gallon gas price in U.S. (July 2008)
60%: Share of U.S. consumers living paycheck to paycheck
37: Number of Bed Bath & Beyond stores closing in latest phase of a 200-store closure
9.5%: Share of Bed Bath & Beyond owned by activist investor Ryan Cohen
500M: Number of people in India without access to formal financial services