News

Retail
Third-Party Sellers Talk Shop as Amazon and Walmart Put Marketplaces in Spotlight
October 05, 2023

In today’s hyper-competitive business landscape, small- to medium-sized businesses (SMBs) face challenges in standing out and reaching consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Retail
Why Walmart Grocery Sales Are at Risk
October 04, 2023

Walmart has reportedly found that customers who buy appetite-suppressing medications like the diabetes drug Ozempic are buying less food. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Artificial Intelligence
Vistry Unveils AI Customer Assistant Chatbot for Food Commerce
October 04, 2023

San Diego-based startup Vistry has introduced its conversational artificial intelligence (AI) platform for food commerce, featuring an AI customer assistant chatbot called LumoChat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Kroger’s Home Chef Launches Heat-and-Eat Meals as Consumers Seek Takeout Alternatives
October 04, 2023

With consumers looking for lower-cost options to replace restaurant delivery and pickup without compromising on speed or convenience, Kroger is expanding its meal solutions business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Clearco Secures $60 Million in Funding to Support eCommerce Businesses
October 04, 2023

Toronto-based FinTech company Clearco has secured $60 million in a Series D funding round, as part of a recapitalization effort. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

eCommerce
Wellful CEO Says Jenny Craig Can Reach Wider Audience as D2C Brand
October 04, 2023

Rebooted as a direct-to-consumer (D2C) brand, Jenny Craig will now benefit from the widespread expansion of its audience beyond just the locations it can service within reach of brick-and-mortar locations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Blackbird Labs Raises $24 Million for Restaurant Loyalty Platform
October 04, 2023

Blackbird Labs raised $24 million to scale its restaurant loyalty and membership platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Investments
Kraaft Raises $3 Million to Expand Contractor Messaging App
October 04, 2023

Kraaft has raised $3.7 million to bring its construction-sector messaging app to new industries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Investments
Brite Raises $60 Million to Expand Instant Payments
October 04, 2023

Swedish FinTech Brite Payments has raised $60 million to expand its instant payment offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....