News

Retail
Today in Retail: H&M Sells Competing Brands on Its Website; UK Online Grocery Shopping Market...
March 17, 2022

Today in retail, the roller-coaster ride continues for Warby Parker’s stock, while relationship commerce is helping brands reduce their customer acquisition costs. Plus, Williams-Sonoma is reimagining its stores to appeal to omnichannel shoppers. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Failing Grade: Only 30% of Businesses Believe Current B2B Payment Solutions are Very Effective
March 17, 2022

Consumers’ growing adoption of digital tools is prompting business leaders to reexamine their business-to-business (B2B) payment processes and how they can make the jump from manual to digital methods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Delivery
Google Launches Integrated Last Mile Fleet Solution
March 17, 2022

Google is looking to tackle last mile delivery with the launch of an integrated suite of mapping, routing and analytics capabilities that assist fleet operators from the initial eCommerce order to the final doorstep delivery. Get the Full Story Complete the form to unlock this...

Retail
Grocery Roundup: Getir Valuation Rises to $11.8B; Instacart Announces Shoppable Recipes
March 17, 2022

Funds continue to pour in for ultrafast grocery in spite of the economic challenges of the model. On Thursday (March 17), Turkish 10-minute grocery delivery company Getir announced that it raised $768 million in its Series E funding round, raising the startup’s valuation to $11.8...

Investments
Fast Grocery Delivery Service Firm Getir Raises $768M
March 17, 2022

Grocery delivery startup Getir has closed a $768 million Series E funding round, the Istanbul, Turkey-based company announced Thursday (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Berlin Recommerce Startup reverse.supply Completes $5.5M Seed
March 17, 2022

Second-hand clothing software company reverse.supply has closed on 5 million euros ($5.5 million), the Berlin-based company announced Thursday (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Fintech Investments
FinTechIPO™ Index Rallies into Close of Tumultuous Week
March 17, 2022

The FinTech IPO Tracker continues to underperform the broader indices, as measured year-to-date – a downtrend only recently interrupted, briefly, amid a broad-based rally in tech stocks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
InsurTech Firm Policygenius Raises $125M
March 17, 2022

Policygenius has raised $125 million in new growth capital, the InsurTech firm announced in a news release Thursday (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Retailers Pull Back as Shoppers Tighten Wallets
March 17, 2022

Shoppers are showing the power of the pocketbook by rebuffing efforts by some apparel retailers and department stores to raise their prices as inflation continues at its highest level since the 1980s, and consumers scale back on the spending that had been on the rise...