News

eCommerce
Headless Commerce Platform fabric Debuts Marketplace
November 18, 2021

Headless commerce platform fabric has introduced fabric Marketplace, a new tool it says can “substantially increase the number of products available to brands and merchants to sell, thus generating more revenue through new, innovative dropship technology.” Get the Full Story Complete the form to unlock...

Retail
As Macy’s Officially Revisits Dot.com Spinoff, Attention Shifts to Who Might Be Next
November 18, 2021

For more than 150 years, “The Magic of Macy’s” has been more than a slogan for the country’s quintessential department store, not only belying its marketing muscle and brand clout, but also its ability to outlast — and often consume — so many of its...

Retail
Today in Retail: CVS to Close 900 Stores Amid Healthcare Push; Macy’s Looks to Open...
November 18, 2021

In today’s top retail news, CVS Health Corp. is closing stores, adding primary care offices to some locations and converting others into health hubs as it shifts its focus to healthcare, while Macy’s is planning to launch a third-party marketplace to rival Amazon and Walmart....

Security & Fraud
FinCEN Warns of Rise in Environmental Crimes
November 18, 2021

Wildlife trafficking. Illegal mining. Hazardous substance trafficking. 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...

B2B Payments
64% of Firms Move Away From Physical Invoices as COVID Solidifies Digital Shift
November 18, 2021

The COVID-19 pandemic has prompted businesses’ accounts receivable (AR) leaders to take the digital leap. As the challenge of delayed payments has become more damaging since March 2020, businesses have looked to digitize processes that had been manual. Get the Full Story Complete the form...

Investments
Crypto Empire Gemini Will Use $400M to Build Metaverse
November 18, 2021

Gemini Space Station, LLC, founders Tyler and Cameron Winklevoss plan to use the $400 million they recently snagged through an investment round to build a metaverse for the $7.1 billion platform, according to a Forbes report Thursday (Nov. 18). Get the Full Story Complete the...

Retail
Grocery Roundup: On-Demand Delivery Heats Up as Uber Leverages Portfolio to Win eGrocery Shoppers
November 18, 2021

As on-demand delivery services compete to meet consumers’ instant grocery needs, Uber has just announced a new offering that aims to leverage its breadth of services as a key differentiator. On Wednesday (Nov. 17), the company launched Uber One, a membership program that, for a...

eCommerce
Secret Sauce: 75% of Top-Ranked Global eCommerce Sites Use IP-Recognition Tech
November 18, 2021

The growing market for international eCommerce is rewriting the rules of international trade — and reshaping the global economy. Consumers in in countries around the world are seeking out online retail offerings beyond their borders, giving eCommerce merchants an unprecedented chance to establish an international...

Delivery
Instacart Unveils New Driver Safety Measures
November 18, 2021

Instacart has launched a series of safety features for its delivery workers, designed to leverage information from law enforcement, local news and society media to alert them of critical incidents in the area. Get the Full Story Complete the form to unlock this article and...