News

Investments
Fashion Supply Chain Platform Fashinza Raises $100M
May 17, 2022

Fashinza, a B2B marketplace/supply chain platform for fashion brands and retailers, has raised $100 million in a Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
Here’s Why 60% of Online Firms Have Upped Their Use of Digital Marketplaces
May 17, 2022

Sixty-one percent of firms are selling more on digital marketplaces now than they did one year ago, according to “Online Sellers,” a PYMNTS report based on a survey of 317 online merchants. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
TreviPay Helps Compaynet Power B2B Trade Credit
May 17, 2022

B2B payment and credit management company TreviPay has teamed up with payment processor Compaynet to power its B2B trade credit product. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

CFPB
A DC Court Could Limit CFPB’s Rulemaking Authority
May 17, 2022

During the last months, the Consumer Financial Protection Bureau (CFPB) has introduced changes in its procedural rules to be able to tackle its ambitious agenda in a timely manner. Additionally, last month, the agency announced that it would dust off an old rule to investigate...

Retail
Dwindling Cash, Mounting Headwinds Increase Pressure on Paycheck-to-Paycheck America
May 17, 2022

As that old Cole Porter song used to remind us: Things get “too hot not to cool down.” 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
Kwik Trip Adding Coinsource Bitcoin ATMs at Its 800+ Retail Locations
May 17, 2022

Bitcoin ATM network Coinsource has added machines at some of Kwik Trip’s more than 800 convenience stores and gas retail locations in Wisconsin, Minnesota, Illinois and Iowa, according to a Monday (May 16) press release. Get the Full Story Complete the form to unlock this...

Retail
Sally Beauty Adds Nail Dip Powder Brand Nailboo to Stores
May 17, 2022

The eCommerce brand is coming to a brick-and-mortar retailer with the addition of nail dip powder brand Nailboo to beauty supply retailer Sally Beauty stores through a partnership with Miami-based beauty and wellness company Underlining, according to a joint announcement Tuesday (May 17). Get the...

Retail
Walmart Sees Demand Shift for Low-Priced Bacon and High-Ticket Game Consoles
May 17, 2022

Citing unexpected pressure from supply chain costs, rising U.S. wages and what it called unusual inflationary challenges surrounding food and fuel, Walmart said Tuesday (May 17) it is making adjustments after posting its biggest earnings disappointment in at least five years. Get the Full Story...

Retail
Home Depot Q1 Earnings Report Shows DIY Trend Still Strong
May 17, 2022

The upswing in home improvement projects that started when people were quarantined in their homes as the COVID-19 pandemic spread across the U.S. and around the world in early 2020 seems to be continuing early in 2022, at least based on first-quarter earnings results for...