News

Investments
Restaurant Tech Platform Foodics Raises $170M
April 20, 2022

Saudi restaurant tech firm Foodics has raised $170 million in a Series C round, the company announced on its website Wednesday (April 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Mobile Payments
As WhatsApp Stumbles in Brazil, Huge P2B Mobile Payments Opportunity up for Grabs
April 20, 2022

Merchant acceptance is key for new payments methodologies to reach critical mass, to truly become ingrained in commerce. 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
Chatbots Fill Car Buyers’ Demands for Speedy Answers, Service
April 20, 2022

For retailers that have operated through the pandemic, one of the takeaways they’ve learned is that they must offer personalization — serving customers in the way they want to be served. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Best Buy Sweetens Subscription Plan With at-Home Recycling Pickup Service
April 20, 2022

At a time when the product refresh cycle has left most Americans with a stockpile of outdated and broken devices and gear, the nation’s largest electronics and appliance retailer has rolled out a new plan to easily and responsibly dispose of this household waste. Get...

Retail
Consumers Are Shopping Less, Spending More
April 20, 2022

Consumers may be going shopping less often, but when they do, they tend to spend more, especially when making retail purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
LVMH Beauty and Origin Materials Partner on Sustainable Packaging
April 20, 2022

Luxury retailer LVMH Beauty, a division of LVMH Moët Hennessy Louis Vuitton, and carbon-negative materials company Origin Materials have partnered to roll out “sustainable low-carbon footprint packaging for the perfumes and cosmetics industry,” according to a Tuesday (April 19) press release. Get the Full Story...

Retail
Victoria’s Secret Debuts Tween-Focused Digital Brand, Happy Nation
April 20, 2022

The transformation of Victoria’s Secret continues as the company unveils a new “Happy Nation” digital-only brand aimed at 8- to 13-year-old “tweens,” a company press release said Tuesday (April 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
The Next 5 Years at Lululemon Will Be All About International, Digital and Menswear
April 20, 2022

For a company that’s built its 25-year-old yoga pants franchise into a multi-category player in the athletic apparel industry, Vancouver-based Lululemon Athletica said Wednesday (April 20) that the next five years of its journey will be led by the growth of its international, digital and...

Partnerships / Acquisitions
LoanPaymentPro’s Strategic Partnership With Accelitas Combines Fast Account Validation and Payment Solutions
April 20, 2022

LoanPaymentPro and Accelitas today announced a collaboration they stated will let them offer customers extremely high-speed account validation and payment processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...