In today’s top retail news, Adidas is relying on partnerships for fresh revenue and a path toward a more digital business, while brick-and-mortar retail in the United Kingdom is preparing for the first Amazon 4-star store outside the U.S. Also, CarGurus is expanding its digital...
The digital shift continues to sweep through the grocery industry, turning stores into omnichannel hubs. On Thursday (Oct. 7), Instacart announced the acquisition of catering software company FoodStorm. With the latter’s goal to open up additional revenue opportunities for grocers, helping to speed up their...
Banking-as-a-service startup Productfy raised $16 million in a Series A funding round led by CM Ventures, with participation by existing investors Point72 Ventures, 500 Startups and Envestnet Yodlee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A Massachusetts man was remanded to federal prison after being charged with fraudulently obtaining Pandemic Paycheck Protection (PPP) loans in the amount of $543,000 and then faking his suicide to evade arrest, according to a statement from the U.S. Department of Justice (DOJ). Get the...
Online apparel platform Poshmark, Inc. on Friday (Oct. 8) announced during its annual conference, PoshFest, its eCommerce future, and unveiled a new team that will focus on supporting the company’s millions of sellers in the U.S., Canada, Australia and India. Get the Full Story Complete...
Capital One has acquired the staff and software of Boston travel tech startup Lola in an effort to boost its FinTech footprint in the Boston area. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Enforcement against technology companies that engage in anti-competitive practices will remain an enforcement focus of the People’s Bank of China (PBoC), central bank governor Yi Gang said at the Regulating Big Tech conference hosted by the Bank for International Settlements (BIS). Get the Full Story...
The digital asset marketplace Bakkt is working with Google on a project that will extend access to digital assets to millions of new customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
MarketForce, a Kenyan company providing B2B distribution for retail clients, is expanding in the wake of a recent funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
