News

Retail
What if Throwback 37-cent Whoppers Sparked a Rush to 1950s Pricing?
December 03, 2021

It’s 1957. Russia just launched the Sputnik satellite, so everyone’s on edge. “Doctors” in TV commercials tell us cigarette smoking is okay. Elvis Presley’s “Too Much” is the No. 1 song, “Around the World in 80 Days” wins the Oscar for best picture, and a...

B2B Payments
39% of Firms Use Virtual Cards for B2B Payments
December 03, 2021

United States and Canadian firms’ days sales outstanding (DSO) measurements are getting longer, but these businesses have the power to change course. Investing in digital innovations like virtual cards can help them receive payments faster and also provide a number of additional efficiencies. Get the Full Story...

CFPB
CFPB Looks Forward to Tech, After a Year Focused on Mortgages and Lending Practices
December 03, 2021

Predicting the Consumer Financial Protection Bureau’s agenda for 2022 based on this year’s rulemaking isn’t quite as easy this year, as the bureau was without a permanent director until mid-October, when Rohit Chopra was sworn in. Get the Full Story Complete the form to unlock...

Regulation
Big Tech Firms’ EU Woes Far From Over
December 03, 2021

In recent weeks, the European Union has slapped hefty fines on some of the world’s largest technology companies while putting in place rules to limit how Big Tech companies like Amazon, Apple, Facebook, Google and Microsoft stifle competition with anticompetitive practices. Get the Full Story...

IPO
You Don’t Have to Dig Very Deep Into DiDi’s Delisting to Find the Awkward Truth
December 03, 2021

There is a game that generations of American kids play when they go to the beach that goes something like this: If we dig deep enough, I wonder if we can make it all the way to China? Get the Full Story Complete the form...

eCommerce
Customers’ Use of Physical Stores Makes Macy’s Online Split More Challenging
December 03, 2021

Advised to separate its eCommerce business from its physical stores, Macy’s is debating how best to approach the concept without alienating its online shoppers who depend on the retail shops for pickups and returns, Reuters reported on Friday (Dec. 3), citing sources familiar with the...

Retail
New Stores a Top Priority for Ulta Beauty
December 03, 2021

Ulta Beauty, Inc. added seven new stores, relocated two existing locations, remodeled three others and closed one store in the third quarter of fiscal 2021 ending Oct. 30 — giving the beauty brand 42 new stores, four relocated ones, eight remodeled shops and four closed...

Delivery
Instacart’s Reported Entry Into Ultrafast Delivery Could Be Devastating to Newer Startups
December 03, 2021

The crowded ultrafast grocery delivery space could be poised to get cleared out in one fell swoop. Insiders report that Instacart is looking to launch its own 15-minute delivery service, according to The Information, working with a delivery provider that has existing relationships with many...

Retail
Big Retailers Cater to Home Improvement Pros as Remodeling Trend Keeps Building
December 03, 2021

In a big year for home remodeling, major retailers in the space are one-upping each other to grab more of the professional market, including building new distribution infrastructure catering to pros and keeping store aisles clear for DIY customers looking for a new faucet. Get...