Grocery Shoppers Cut Back, Trade Down as Inflation Rises
Grocery Shoppers Cut Back, Trade Down as Inflation Rises
September 12, 2022  |  Shopping

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Bolt Financial, Wyre Payments Scrap Merger, Remain Partners
Bolt Financial, Wyre Payments Scrap Merger, Remain Partners
September 12, 2022  |  Partnerships

Payments FinTech Bolt Financial and crypto startup Wyre Payments are remaining business partners but have decided to scrap the $1.5 billion merger plans announced in...

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Blockchain, Crypto Firm Fireblocks Tops $100M Annual Recurring Revenue
Blockchain, Crypto Firm Fireblocks Tops $100M Annual Recurring Revenue
September 12, 2022  |  Cryptocurrency

Driven by growing interest in decentralized finance (DeFi), blockchain and Web3 technologies, blockchain and cryptocurrency platform Fireblocks has topped $100 million in annual recurring revenue...

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Splitit Drives Installments-as-a-Service Growth With A$10.5M Funding
Splitit Drives Installments-as-a-Service Growth With A$10.5M Funding
September 12, 2022  |  Investments

Splitit, a merchant-branded installments-as-a-service platform, has raised A$10.5 million in private placement capital funding with participation from both current institutional investors and new backers. Get...

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Uber Direct, Bringg Team on Last-Mile Delivery in France
Uber Direct, Bringg Team on Last-Mile Delivery in France
September 12, 2022  |  Delivery

Package delivery service Uber Direct and delivery management platform provider Bringg and have teamed up in France to help retailers provide speedy at-home delivery of...

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Luxury Brands Prepare for ‘Millennial Domination’
Luxury Brands Prepare for ‘Millennial Domination’
September 12, 2022  |  Retail

As much as luxury apparel brands are mapping out their omnichannel future to tap into changing demographic trends and more brand-engaged consumers, there’s one big...

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GE HealthCare Spinoff Planned for January 2023
GE HealthCare Spinoff Planned for January 2023
September 12, 2022  |  Healthcare

GE announced Monday (Sept. 12) that the previously-declared spinoff of its health unit into a freestanding company, GE HealthCare, is scheduled for January 2023. Get...

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Target Partners With FAO Schwarz on Exclusive Toys, Product Demos
Target Partners With FAO Schwarz on Exclusive Toys, Product Demos
September 12, 2022  |  Retail

Heading into the holiday season, Target has announced a multiyear agreement with FAO Schwarz in which the toy brand’s products will be available only at...

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Electrolux Says Consumers and Retailers Are Scaling Back Appliance Orders
Electrolux Says Consumers and Retailers Are Scaling Back Appliance Orders
September 12, 2022  |  Retail

Facing weaker than expected consumer demand in Europe and North America, Swedish home appliance company Electrolux is cutting costs in both regions and launching a...

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