News

Retail
Honest Co.’s Soft Sales Causing Trouble on Multiple Fronts
September 23, 2021

Less than six months after making its public debut, the natural diaper, skin care and household cleaning product brand The Honest Co. is facing two quarters in a row of softening sales, creating more challenges as the company tries to grow in a competitive marketplace....

Retail
The Bay, Pinterest Collaborate on Bilingual Digital Lookbook
September 23, 2021

Canadian retailer The Bay and social media platform Pinterest on Thursday (Sept. 23) announced a new partnership to create bilingual digital lookbooks using “pinnable” products that highlight seasonal trends. The pins will bring shoppers to thebay.com to buy the items, according to the joint announcement....

Retail
Madewell, thredUP Open Secondhand Pop-Up Shop
September 23, 2021

Resale platform thredUP and apparel brand Madewell on Thursday (Sept. 23) opened an in-person pop-up shop in Brooklyn that will sell only secondhand clothes, including denim, dresses, jackets and sweaters, with prices ranging from $10 to $40 per item, according to a Footwear News report....

Retail
‘Buy Now, Get Now’ and ‘Buy Now, Get Later’ Add New Dimensions to Bring-It-To-Me Economy
September 23, 2021

Into the alphabet soup of digital experiences come buy now, get now (BNGN) and buy now, get later (BNGL) — each with its own nuanced appeal, and each occupying its own place in the shifting mix of retail strategies being invented or perfected during the...

IPO
Remitly Starts Trading on Nasdaq With $43 Share Price at $7B Valuation
September 23, 2021

Global remittance startup Remitly is set to begin trading on the Nasdaq on Thursday (Sept. 23) under the ticker RELY with a per-share price of $43, above its expected range of $38 to $42, according to media reports. Get the Full Story Complete the form...

Active Tracker
US Bank: Request-For-Pay Features Help Billers Tackle Payments Visibility Issues
September 23, 2021

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B2B Payments
‘The B2B Payments Disruption Has Started,’ Plastiq CTO Tells PYMNTS
September 23, 2021

For hundreds of years, a traditional karate association in Japan had been delivering its lessons in person, Plastiq Chief Product and Technology Officer Stoyan Kenderov explained. But then COVID-19 hit, and it had to retool overnight and deliver its services online. Today, he said, this...

Payment Methods
42% Of Millennials Use Paper Checks To Pay Their Rent
September 23, 2021

While it’s tempting to think we will see the extinction of the paper check in the not-so-distant future, the reality is that a centuries-old form of payment is still widely used, especially in certain pockets of the economy. Get the Full Story Complete the form...

B2B Payments
Ocrolus Gives Flawed SMB Credit Scoring System A Cash Flow Based Upgrade
September 23, 2021

As Ocrolus CEO and Co-founder Sam Bobley put it, there’s never been a data capture technology that could analyze financial documents of any format or quality with perfect accuracy. Add in low-quality images and thousands of different document formats and the problem gets even worse....