Amazon is maintaining its retail dominance, capturing 8.8% in gross retail spending compared to Walmart’s 8.2% in the second quarter of 2022, PYMNTS reported in a new study. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Logistics-equipped wholesale B2B grocery marketplace Pod Foods has debuted Pod Foods Capital, a financing tool for emerging brands that need help gaining access to capital, according to a Thursday (July 14) company press release. Get the Full Story Complete the form to unlock this article...
B2B Software-as-a-Service (SaaS) company TurnKey Lender announced Thursday (July 14) it had raised $10 million in new funding and appointed a new board chairman. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As mega-retailers compete for consumers’ food spending, Amazon is pulling out all stops to minimize Walmart’s grocery lead. During its Prime Day event Tuesday and Wednesday (July 12-13), Amazon touted grocery savings for Prime members, and the retailer had a range of deals and discounts...
As the widespread and indiscriminate impact of inflation puts increasing strain on consumers and businesses alike, retailers and their suppliers have begun to seek savings and innovation in seemingly mundane areas that historically have been relegated or ignored. Get the Full Story Complete the form...
Uniqlo parent company Fast Retailing is joining others in the fast fashion world by raising prices on fleece items at a time when shoppers are looking for every possible bargain they can find — but seem not to mind paying full price or a higher...
South African mobility FinTech Moove has raised $20 million in financing from Absa Corporate and Investment Banking (CIB), the Johannesburg company announced Thursday (July 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In a world of disintermediated financial products, consumers still show a strong propensity for one banking relationship that brings it all together — and many will switch to get that. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Smart, a London-based company that provides retirement technology, has raised 40 million pounds ($47.5 million) in growth financing from CIBC Innovation Banking, according to a Thursday (July 14) press release. Smart will use the funding to expand its market growth, launch new products and make...
