News

B2B Payments
Starting a Startup’s Financial Team — From Outsourced to In-House
September 12, 2022

When a startup reaches a certain scale, outsourcing finance operations isn’t an option anymore. 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...

B2B Payments
Cost, Integration Still Obstacles for SMB Payments Digitization
September 12, 2022

Before Matt Dubois, CEO of Chargezoom, went into the B2B payments business, he was a customer. As the founder of several small startups, he found the status quo accounts receivable (AR) platforms involved a lot of manual entry, double work and a lack of integration...

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

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 the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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

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 their products to local customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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

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 blind spot that needs to be addressed. Get the Full Story Complete the form to unlock this article and enjoy...

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

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 Target’s stores and website and at FAO Schwarz’s stores. Get the Full Story Complete the form to unlock this article...

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

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 turnaround program in North America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Ikea looks to Drive in-Store Traffic With 5% Loyalty Discount
September 12, 2022

As Ikea moves to reinvent its physical retail presence and drive more foot traffic to its stores, the Swedish-founded conglomerate known for its unfussy, ready-to-assemble furniture is expanding the perks of its free loyalty club. Get the Full Story Complete the form to unlock this...

Retail
Retailers Brace as 70% of US Consumers Skip Retail Purchases to Buy Groceries and Gas
September 12, 2022

RH (Restoration Hardware) CEO Gary Friedman and Kroger CEO Rodney McMullen both had it right last week when they reported their respective Q2 earnings: Inflation is taking a heavy toll on consumer spend. Get the Full Story Complete the form to unlock this article and...