News

Investments
Corporate Food Solutions Startup ezCater Raises $100M
December 15, 2021

ezCater, the online marketplace startup that connects businesses with restaurants and caterers, raised $100 million in a Series D-2 funding round led by SoftBank Vision Fund 2, according to a press release on Wednesday (Dec. 15). Get the Full Story Complete the form to unlock...

Retail
Roland Revamps Its In-Store Retail Experience
December 15, 2021

Musical instrument manufacturer Roland on Wednesday (Dec. 15) announced the rollout of a personalized technology, branded Audience Specific Experience ASX, which allows stores to control the lighting, video and audio in its Roland Store experience at select U.S. and global locations. Get the Full Story...

Retail
Slumping Department Store and Electronics Purchases Cut Nov Retail Sales to 0.3%
December 15, 2021

Total retail sales slowed to a much weaker than expected 0.3% in November, as sharp declines at department stores and electronics and appliance dealers pulled the pace of holiday season shopping down from an 8-month high of 1.8% in October. Get the Full Story Complete...

B2B Payments
Phone-as-a-Service Model Aims to Disrupt B2B Device Procurement
December 15, 2021

In fast-growing organizations, it’s essential that every employee has the tools they need to get their job done. In today’s digital age, that usually means equipping employees with smartphone, a tablet or a laptop — or even all three — preloaded with the requisite business...

Retail
Five Below’s Future Looks Strong With New Store Openings
December 15, 2021

Five Below’s move to open more than 750 new stores since fiscal 2016 bodes well for the future of the kids and teen-focused retailer, and tells a story deeper than its third-quarter results, which included $608 million in sales for the three months ending Oct....

Retail
Chanel Hires Leena Nair as Youngest, First Female CEO
December 15, 2021

Chanel has appointed Leena Nair as global chief executive officer, grabbing the company’s youngest and first female CEO after her 30-year tenure at consumer goods group Unilever. She’ll take the helm at the end of January 2022, the Financial Times reported. Get the Full Story...

Retail
D2C Brands Buy Local, Build Local to Ease Supply Chain Woes
December 15, 2021

If you’re young and hip and environmentally aware, chances are you’ve already been introduced to the digitally native furniture startup Floyd, a 7-year-old privately held venture that’s headquartered in Detroit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Data Privacy Concerns Rising in Tandem With Rapid Uptake of Data Aggregators
December 15, 2021

No surprise: In the great digital shift, many consumers have turned to third-party apps to access their financial data. Yet those consumers are less than ideally aware about how the apps actually work — and just what it is that companies are doing with their...

Payments Innovation
Embedding Payments Gives Brands More Control Over Critical Customer Experiences
December 15, 2021

Thanks to the digital shift during the pandemic, more non-financial entities are realizing that they need to own and improve their payments experience to enhance the overall customer experience — but there is a myriad of options to consider. Get the Full Story Complete the...