Wave of eCommerce Flops Behind Record 113,700 UK Business Closures in Q2

Wave of eCommerce Flops Behind Record 113,700 UK Business Closures in Q2
Wave of eCommerce Flops Behind Record 113,700 UK Business Closures in Q2
July 28, 2022  |  eCommerce

The online retail sector that boomed in the U.K. during the pandemic has suffered from a wave of closures since the government eased COVID-19 restrictions,...

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Walmart ‘General Stores’ Coming to Getaway Hospitality Locations This Fall
Walmart ‘General Stores’ Coming to Getaway Hospitality Locations This Fall
July 28, 2022  |  Walmart

Walmart has become the first official retail partner of health and wellness hospitality company Getaway and will launch The General Store by Walmart at select...

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Grant Program Offers Support to Venmo Business Users
Grant Program Offers Support to Venmo Business Users
July 28, 2022  |  SMBs

A new grant program offered by PayPal will provide financial and mentorship support to 20 new and existing Venmo Business Profile users. Get the Full Story Complete the...

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Dbank Raises Largest Seed Round in Pakistan at $17.6M
Dbank Raises Largest Seed Round in Pakistan at $17.6M
July 28, 2022  |  Investments

Pakistani FinTech startup Dbank has raised $17.6 million in a seed funding round, the largest ever in Pakistan. Get the Full Story Complete the form...

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FTC Lawsuit Shows Faith in Meta’s Trillion-Dollar Metaverse Ambitions
FTC Lawsuit Shows Faith in Meta’s Trillion-Dollar Metaverse Ambitions
July 28, 2022  |  Meta

The Federal Trade Commission (FTC) just sued to block Meta from acquiring a VR company, saying it would put the social media giant “one step...

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Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
July 28, 2022  |  Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Chargeback Mitigation Startup Justt Names New Execs
Chargeback Mitigation Startup Justt Names New Execs
July 28, 2022  |  Personnel

Israeli chargeback mitigation startup Justt has named two FinTech veterans to its leadership team as it prepares to expand into new markets. Get the Full...

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Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
July 28, 2022  |  Retail

It has been said that there’s no hiding from inflation. The effect of increasing prices and the subsequent loss of purchasing power is so unavoidable...

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Overstock Hurt by Increasing Inflation, Rising Prices for Consumer Necessities
Overstock Hurt by Increasing Inflation, Rising Prices for Consumer Necessities
July 28, 2022  |  Retail

Overstock is feeling the pinch from rising prices on necessities like food and fuel, meaning consumer appetite for home furnishings has slowed to some degree....

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