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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