In today’s top retail news, Amazon plans to heavily integrate technology into its proposed department store-style stores, and Stitch Fix is hoping that moving toward more traditional apparel sales can calm its market volatility. Also, Walmart is integrating its grocery shopping experience with the rest...
AMC might be looking to accept dogecoin as payment for movie theater tickets, a Wednesday (Sept.22) report said. 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...
U.K. supermarket group Aldi is trying out a checkout-free store in London that lets customers walk out with their goods without ever having to pay a cashier by using a smartphone app to enter, grab whatever they need and have their cards charged as they...
French online fashion platform Vestiaire Collective’s valuation hit $1.7 billion after a fundraising round that includes $209 million from SoftBank Group Corp.’s private equity arm SoftBank Vision Fund 2, according to a Bloomberg report Wednesday (Sept. 22). Get the Full Story Complete the form to...
Enterprise software-as-a-service (SaaS) firm Freshworks filed a $1.03 billion initial public offering (IPO) at a $10.13 billion valuation as trading opened on Wednesday (Sept. 22) on Nasdaq, according to multiple reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Consumers expect their food faster than ever. Food delivery sales have soared since the start of the pandemic, remaining elevated even as consumers returned to restaurants. Channels that offer speed and convenience — mobile order-ahead, curbside pickup and drive-thru — have also benefitted from the...
Albertsons Companies, the third-largest grocer in the United States, is getting into contextual commerce. In a joint news release with “shopper-tainment” platform Firework, the grocer announced Wednesday (Sept. 22) that it is launching shoppable videos and livestreams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Secure payments and data protection company Entrust announced in a Wednesday (Sept. 22) press release the acquisition of Paris-based FinTech company Antelop Solutions. The deal is expected to close within the next few weeks, according to the announcement. Get the Full Story Complete the form...
Global open banking platform TrueLayer joined the unicorn club this week, as its new $1 billion valuation points to both the opportunity and enthusiasm surrounding open banking in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
