Walmart’s Flipkart To Raise $1 Billion As It Eyes Going Public In US
Walmart’s Flipkart To Raise $1 Billion As It Eyes Going Public In US
May 11, 2021  |  eCommerce

India’s Flipkart is out to raise at least $1 billion as it looks at launching an initial public offering (IPO) of stock in the U.S....

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Amazon, Walmart And The Coming Food Fight In The US Grocery Game
Amazon, Walmart And The Coming Food Fight In The US Grocery Game
May 11, 2021  |  Retail

Walmart’s grocery lead is slipping. That’s the takeaway from a nearly 100-page leaked memo as reported on Monday (May 10), which was distributed to advertisers...

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New Spanish Law Requires Delivery Companies To Treat Drivers As Employees
New Spanish Law Requires Delivery Companies To Treat Drivers As Employees
May 11, 2021  |  Gig Economy

The gig economy is coming under scrutiny around the globe over labor rights issues. In Spain, the government has enacted new rules that require food...

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Today In Retail: HanesBrands Net Sales Rise By 25 Pct; L Brands Reveals Spin-Off Of Victoria’s Secret
Today In Retail: HanesBrands Net Sales Rise By 25 Pct; L Brands Reveals Spin-Off Of...
May 11, 2021  |  Retail

In today’s top retail news, HanesBrands posted $1.51 billion in net sales from continuing operations for Q1, while L Brands’ board has unanimously approved a...

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Amazon One Expands Palm Payments Amid Demand For Contactless In-Store Experiences
Amazon One Expands Palm Payments Amid Demand For Contactless In-Store Experiences
May 11, 2021  |  Retail

As grocers look to build toward their hybrid digital-physical future, many stores are seeking out technologies to offer a frictionless experience in the brick-and-mortar space....

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State Farm Enlists Fiserv For Faster Claims Payouts
State Farm Enlists Fiserv For Faster Claims Payouts
May 11, 2021  |  Faster Payments

Insurance giant State Farm is working with the payments fintech Fiserv Inc. to give customers faster payouts for car and fire claims. The company announced...

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TikTok Testing The In-App Commerce Waters
TikTok Testing The In-App Commerce Waters
May 11, 2021  |  Social Commerce

TikTok has begun working with merchants in Europe to test in-app sales, a move that will likely heighten its rivalry with Facebook. Get the Full...

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Historic Unemployment Numbers Collide With Record Demand For Workers
Historic Unemployment Numbers Collide With Record Demand For Workers
May 11, 2021  |  Economy

While U.S. President Joe Biden has continued advocating for the necessity of boosted jobless benefits, employers say they are having trouble getting workers to fill...

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B2B X-Border Payment Frictions Pave Way For Digital Shift  
B2B X-Border Payment Frictions Pave Way For Digital Shift  
May 11, 2021  |  B2B Payments

The great digital shift feels so pervasive, so ingrained, that we’d be hard-pressed to find a part of daily life that hasn’t been transformed —...

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