News

B2B Payments
Sonoco Taps Coupa to Advance Payments
September 16, 2021

Packaging solutions company Sonoco is partnering with business spend management (BSM) firm Coupa Software to extend Coupa Pay and virtual cards across Sonoco. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
Volocopter Partners with Urban Movement Labs
September 16, 2021

Urban air mobility pioneer Volocopter is teaming up with Urban Movement Labs (UML) in Los Angeles to explore air mobility in the LA area. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Square Seeks Spain-Based Businesses for Beta Test of Omnichannel Tools
September 16, 2021

Software, hardware and payments platform Square is seeking businesses in Spain to participate in the beta testing of its Early Access Program, which offers exclusive access to omnichannel tools. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Brilliant Earth Says Millennials, Gen Z Key to Future Growth
September 16, 2021

Direct-to-consumer (D2C) jeweler Brilliant Earth says its path to growth after its expected public trading debut next week relies on omnichannel capabilities and a younger set of consumers — assuming it can overcome significant headwinds and a fragmented market. Get the Full Story Complete the...

Retail
Amazon’s Food Fight Fails to Minimize Walmart’s 10-to-1 Lead
September 16, 2021

Over the past year, Amazon has increased its focus on sales of food and beverage, the lone category where it seriously lags behind Walmart, but those efforts have yet to make an impression in the retail giants’ food fight. Get the Full Story Complete the...

Retail
Supply Chain Issues Could Hamper Artificial Christmas Tree Sellers
September 16, 2021

Some U.S. sellers of artificial Christmas trees plan to raise their prices by 20-25% this holiday season to offset the higher shipping costs they’re being charged this year, according to a report in The Wall Street Journal. Get the Full Story Complete the form to...

Retail
Back-to-School, eCommerce Help Boost August Retail Sales by 0.7%
September 16, 2021

U.S. consumer spending unexpectedly rose 0.7% in August, reversing a slump in July and defying concerns that a surge in COVID cases and business restrictions would crimp consumption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
European Shipping Startup Sendcloud Notches $177M Series C Funding
September 16, 2021

European eCommerce shipping startup Sendcloud closed a $177 million Series C funding round led by SoftBank Vision Fund 2, with sizable backing from L Catterton and participation from HPE Growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
ShipBob Expands Platform Ahead of Holiday Shopping
September 16, 2021

Global eCommerce fulfillment startup ShipBob on Thursday (Sept. 16) announced that it has added a new customization suite for gift notes and kitting, an integration with eCommerce customer service platform Gorgias, and an integration with commerce solution Linnworks in its latest software update. Get the...