News

Delivery
Kroger Shifts Focus From Third-Party to in-House eCommerce Fulfillment
April 21, 2022

Kroger is taking its digital delivery business into its own hands. 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. By completing...

Retail
Retailers Turn to EV Charging Stations for Added Curb Appeal
April 21, 2022

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Investments
Funding Circle Founder Raises $30M to Disrupt Payments Giants
April 21, 2022

Funding Circle co-founder Samir Desai secured $30 million from investors to back his new payments startup in a push to disrupt legacy players like Visa and Mastercard, Sky News reported on Wednesday (April 20), citing unnamed sources. Get the Full Story Complete the form to...

Regulation
Citing ‘Cryptoization’ as a Sanctions Threat, IMF Calls for Capital Controls
April 21, 2022

Citing sanction-busting fears that have grown since Russia’s invasion of Ukraine, the International Monetary Fund (IMF) has called for a global crackdown on cryptocurrencies that would bring them into the capital control regimes that govern traditional assets. Get the Full Story Complete the form to...

Retail
Last-Mile Logistics Could Decide Winner in Growing Amazon vs Shopify eComm Rivalry
April 21, 2022

It’s tempting to say that eCommerce is simple — it’s Amazon vs. everyone else. 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...

Retail
Sleep Number Stock Tumbles as Supply Chain Struggles Persist
April 21, 2022

Sleep Number Corp stock was down about 15% in early trading Thursday (April 21) after the company reported several downward trends in its fiscal 2022 first-quarter earnings report Wednesday (April 20), including a 7% decline in net sales to $527 million because of the semiconductor...

Retail
The Data Point: Amazon Overtakes Walmart as Top Retailer at 9.4% of Retail Spend in...
April 21, 2022

Coke and Pepsi. McDonald’s and Burger King. Apple and Microsoft. Ranking in high the pantheon of great of corporate rivalries is Amazon versus Walmart. In 2021, Amazon overtook its retail elder in all but one category — one that gets you right in the breadbasket...

Investments
New Funding Values Digital Freight Firm Convoy at $3.8B
April 21, 2022

Convoy, a digital freight firm, has raised $260 million in new funding, bringing the value of the Seattle-based company to $3.8 billion, according to a Thursday (April 21) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Tractor Supply Company Records Double-Digit Digital Sales Growth for 39th Consecutive Quarter
April 21, 2022

Rural lifestyle retail brand Tractor Supply Company keeps growing its online business, turning in double-digit growth in its eCommerce segment for the 39th consecutive quarter, according to the company’s fiscal 2022 first-quarter earnings report Thursday (April 21). Get the Full Story Complete the form to...