In today’s top retail news, U.S. consumers plan to do half of their remaining holiday shopping online, while Dollar General executives say they don’t plan to raise core product prices in contrast to rival Dollar Tree. Also, Apple is warning suppliers that demand for the...
Wa’ed, the entrepreneurship arm of Saudi Aramco, has invested in the Riyadh-based FinTech startup Lamaa, the companies announced Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The COVID-19 pandemic is pushing global B2B firms to eCommerce channels and marketplaces, and the payments and processes that go with them. B2C firms adapted to digital years ago, but B2B was slower to adapt. Get the Full Story Complete the form to unlock this...
Update: 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 this form, you agree to receive marketing communications from PYMNTS...
The on-demand grocery delivery market in New York City continues to grow more competitive. Boxed, the New York City-based online wholesale retailer, announced Monday (Nov. 29) its acquisition of MaxDelivery, another New York-based grocery eTailer that provides one hour grocery deliveries. The deal is expected...
The appetite for retail subscriptions is undiminished after nearly two consecutive years of meteoric growth, as consumers grow more comfortable with subscriptions overall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Although digital payment methods are now routinely used to purchase goods and services, some consumers who are concerned about protecting their bank accounts and personal information may resist using third-party apps that are connected to their bank accounts. Get the Full Story Complete the form to...
Instant grocery delivery startup Jokr closed a $260 million Series B funding deal that puts the company’s valuation at $1.2 billion, giving it unicorn status nine months after launching, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to...
The rise in food costs, while bad news for consumers, has its advantages for grocers. With price concerns causing many to be more deliberate about how they spend their money, grocers can leverage their low prices relative to restaurants to hold onto their increased share...
