News

eCommerce
55% of Millennials Interested in Buying Big-Ticket Items Online  
October 07, 2021

The report “Digital Platforms: How Consumers Shop and Pay for Big-Ticket Purchases,” a PYMNTS and Rightpoint collaboration, found that as the economy continues to improve, as much as 64% of the more than 2,900 consumers queried intend to make big-ticket purchases through the next 12...

Investments
Rebel Foods Cloud Kitchen Raises $175M for $1.4B Valuation
October 07, 2021

Indian cloud kitchen Rebel Foods on Thursday (Oct. 7) announced the end of a $175 million fundraising round that values the company at $1.4 billion, up from $800 million last year, according to a TechCrunch report. Get the Full Story Complete the form to unlock...

B2B Payments
Clean Reconciliation Will Be the Biggest Benefit of Speedier B2B Payments
October 07, 2021

Consumer payments could hardly be easier. They’re seamless, they’re instant, and they’re available pretty much everywhere — in-store, online, even in cars. 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...

Delivery
Final-Mile Delivery Developments Heat up, Just in Time for Winter Gifting Season 
October 07, 2021

Winter gifting season kicks off next month with Black Friday on Nov. 26 and Cyber Monday on Nov. 29, and there’s a growing sense that last-mile delivery experiences will be more decisive this year in terms of meeting shoppers’ expectations — or falling short — as seen...

Investments
Moroccan B2B eCommerce Firm Chari Raises $5M 
October 07, 2021

The Moroccan B2B eCommerce startup Chari.ma has raised $5 million in seed funding, valuing the firm at $70 million. 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...

Omnicommerce
C-Stores Reframe Convenience for the Omnichannel Shopper
October 07, 2021

With the acceleration of the digital shift, the role of the convenience store is changing. Where their physical locations were once at the core of their value propositions, conveniently located in gas stations and on corners, the rise of the bring-it-to-me economy has turned the...

Retail
Walmart Hopes Kids’ Clothes Can Boost Fashion Cred
October 07, 2021

Walmart’s apparel ambitions are increasingly focused on the youngest of consumers, kids, as the retailer tries to expand its share of the clothing market through new clothing lines and collaborations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
eCommerce Startups Struggle to Scale Logistics Capabilities to Meet Demand Surge
October 07, 2021

The accelerated adoption of eCommerce over the past 18 months has created a potentially lucrative space for newcomers looking to reach shoppers. Brand loyalty is falling, according to several industry watchers, and nearly 84% of consumers who used online shopping during the pandemic plan to...

Retail
Newegg Rolls Out Mobile Livestream Shopping Platform
October 07, 2021

Digital electronics retailer Newegg said on Thursday (Oct. 7) that it is testing an app-based livestreaming platform dubbed Newegg Live, which will let customers communicate with the hosts of livestream events and grab exclusive deals during the session. Get the Full Story Complete the form...