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...
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...
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...
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...
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...
For the first time, retail customers can access real-time bill pay following a partnership between BNY Mellon, Citi and Verizon announced Wednesday (Sept. 15). And according to Steve Ledford, senior vice president of products and strategy at The Clearing House, there will be more and...
J.P. Morgan is now powering U.S. credit card processing for Alibaba.com, the business to business (B2B) division of Jack Ma’s Alibaba Group based in China, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and...
Most contractors working in commercial construction projects pay for materials long before receiving payment for their work. In fact, 74% have terms with their suppliers of 30 days or less, yet the time they wait to get paid for their own work averages about 85 days. It’s probably no surprise, then, that 46% of...
Volvo Cars’ parent company is preparing to list the car company in a $20 billion initial public offering that could be one of the largest European IPOs of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
