News

Retail
e.l.f. Beauty Takes on Inflation With Dual Pricing Strategy
September 20, 2022

In the face of rampant inflation, the CEO of omnichannel cosmetics firm e.l.f. Beauty says the company chose not to increase prices on roughly one-third of its least expensive entry-level items, while simultaneously raising them on higher cost merchandise. Get the Full Story Complete the...

Investments
DTCP Raises $300M to Invest in Digital Transformation Firms
September 20, 2022

Independent investment management firm Digital Transformation Capital Partners (DTCP) has raised $300 million for its Growth Equity III Fund (GE III) to invest in companies focused on cloud-based enterprise software and business Software-as-a-Service (SaaS). Get the Full Story Complete the form to unlock this article...

eCommerce
With Roots in Commodity Trading, MaterialsXchange Moves Lumber Sales Digital
September 20, 2022

Early on, marketplace platforms experience what’s known as an ignition problem — a kind of chicken-and-egg dilemma where prime movers need to start adoption before everyone else signs on, too, realizing the dynamics that make platforms so efficient. Get the Full Story Complete the form...

Retail
Q4 Retail Forecasts a Matter of Relativity and Details
September 20, 2022

They say numbers don’t lie, but they can mislead. Try nailing down a solid forecast for the economic outlook for the fourth quarter about to begin, and things becomes clearly foggy. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
As MENA FIs Adopt Open Banking, EU’s Mistakes Loom Large
September 20, 2022

Unlike the United Kingdom and Europe, the use of application programming interfaces (APIs) by third parties to access consumers’ financial data with their consent — a process known as open banking — is still in its early days in the Middle East and North Africa...

Delivery
Convenience Store Retailer EG America Teams With Doordash
September 19, 2022

Convenience, coffee, food and fuel retailer EG America is partnering with on-demand delivery service platform Doordash to bring fast at-home delivery of convenience staples to consumers across the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Verity Debuts Family Banking App for MENA Users
September 19, 2022

Verity, a FinTech which works to help younger people earn, save and spend responsibly, has rolled out a new family banking and financial literacy app for the Middle East and North Africa (MENA) region, according to a Monday (Sept. 19) press release. Get the Full...

Retail
Halloween Spending Expected to Scare up Record Sales
September 19, 2022

Inflation can’t scare off Halloween, with spending on candy, decorations, costumes and accessories expected to reach a record $10.6 billion, topping last year’s high of $10.1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
EMEA Daily: Last-Mile Delivery Firms Instabox, Budbee to Combine Into Instabee
September 19, 2022

Today in Europe, the Middle East and Africa (EMEA) news, two Swedish delivery firms plan to merge, while Indian AgriTech startup Ninjacart launches a platform to help boost trade with the United Arab Emirates and Gulf Corporation Council (GCC) countries. Get the Full Story Complete...