Latest Economic Data Sends Mixed Signals About Consumer Holiday Spend

Latest Economic Data Sends Mixed Signals About Consumer Holiday Spend
Latest Economic Data Sends Mixed Signals About Consumer Holiday Spend
October 01, 2020  |  Retail

Hopes for fresh signs of strength heading into the holiday shopping season were crimped Thursday (Oct. 1) after the first major data report of the...

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UK’s Online Grocer Ocado Sued Over Patent Claims
UK’s Online Grocer Ocado Sued Over Patent Claims
October 01, 2020  |  Legal

U.K. online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore, Reuters reported. Get the Full Story...

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BEC Scam Takes $15M In Widespread Attack
BEC Scam Takes $15M In Widespread Attack
October 01, 2020  |  Security & Fraud

Mitiga is working with law enforcement after uncovering a widespread business email compromise (BEC) scam that has netted more than $15 million. Get the Full...

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PepsiCo’s DTC Sales Nearly Double In Q3
PepsiCo’s DTC Sales Nearly Double In Q3
October 01, 2020  |  Earnings

Food-and-beverage giant PepsiCo reported Thursday (Oct. 1) that its eCommerce sales almost doubled during the third quarter, and that the company plans to invest in...

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Goldman Sachs To Pay $2.5B For General Motors’ Credit Card Business
Goldman Sachs To Pay $2.5B For General Motors’ Credit Card Business
October 01, 2020  |  Partnerships / Acquisitions

Goldman Sachs has beat out competitor Barclays to buy General Motors (GM)’s credit card business, according to a report from The Wall Street Journal (WSJ)....

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eCommerce Logistics Firm Easyship Joins Shopify Certified App Program
eCommerce Logistics Firm Easyship Joins Shopify Certified App Program
October 01, 2020  |  B2B Payments

Online shopping software firm Easyship has become part of the Shopify Plus Technology Partner Program, which provides retailers with access to business solutions, according to...

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Walmart Expands Healthcare Services
Walmart Expands Healthcare Services
October 01, 2020  |  Walmart

Walmart‘s partnership with insurance startup Clover Health to aid Georgia seniors marks the retail giant’s foray into privately-managed Medicare Advantage plans, Bloomberg reported. Get the...

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D2C Telehealth Firm Hims Plans SPAC IPO
D2C Telehealth Firm Hims Plans SPAC IPO
October 01, 2020  |  Investments

Hims, a direct-to-consumer (D2C) company selling health products targeted at millennials, is going public via a special purpose acquisition company (SPAC), CNBC reported. Get the...

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Mastercard, Instacart To Provide Grocery Delivery Benefits To Cardholders
Mastercard, Instacart To Provide Grocery Delivery Benefits To Cardholders
October 01, 2020  |  Mastercard

Shoppers who use a U.S.-issued Mastercard to pay for groceries delivered by Instacart are being offered a way to save money, the New York-based global...

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