News

Retail
Today In Retail: Amazon Brings Contactless Technology to Entertainment Venues; Salesforce Partners With FedEx on...
September 14, 2021

In today’s top retail news, Amazon is partnering with ticketing company AXS to bring its palm scanning technology to live entertainment events, while Salesforce and FedEx are working together on a set of tools to help eCommerce merchants keep up with consumer demand for fast,...

Retail
Today in Restaurant and Grocery Tech: Kroger Teams with Instacart for Speedy C-Store Delivery; Misfits...
September 14, 2021

Today in restaurant and grocery tech news, Kroger announces 30-minute convenience delivery in partnership with Instacart, and Misfits Market’s valuation soars to $2 billion. Plus, IGA President and CEO John Ross tells PYMNTS how grocers are adapting to supply chain shortages plaguing the industry today....

Investments
LinkedIn Invests $25M to Help Creators Build Audiences
September 14, 2021

LinkedIn has debuted the LinkedIn Creator Accelerator Program, part of a $25 million investment to help creators of the business-based social media platform build their audiences and amplify their voices, according to a Tuesday (Sept. 14) announcement. Get the Full Story Complete the form to...

B2B Payments
New Report Shows 36% of Businesses Plan to Upgrade Spend Management, Expense Controls 
September 14, 2021

As more businesses look to digitally pay and collect their bills, that trend is set to drive a surge in the market for accounts payable (AP) automation, a segment that is pegged to nearly double over the next five years to $4.5 billion.  Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Corporate Gifting Platform Sendoso Snags $100M for Worldwide Growth
September 14, 2021

Sending platform Sendoso has raised $100 million in a Series C funding round, money that will be used to speed up its worldwide growth as well as help with hiring new employees and rolling out new products, according to a Tuesday (Sept. 14) press release....

Retail
80% of Consumers Interested in Self-Service Checkout, Two-Thirds Prefer It
September 14, 2021

As commerce skews ever digital, as we all get ever more used to doing things on our devices (by ourselves), the interest in trying something new extends to the checkout process. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
From COVID to Product Shortages to Labor Supply, Grocery Stores Adapt To String of Challenges
September 14, 2021

As one of the world’s largest independent grocery store franchises with more than 6,000 stores located across the world, IGA has some unique insights into how the COVID-19 pandemic has changed things in the world of retail. And those insights could prove vital for the company’s future growth...

Investments
PropTech Funding: Ribbon Lands $150M; Pacaso Nets $125M
September 14, 2021

Real estate platform Ribbon on Tuesday (Sept. 14) announced that it has generated $150 million, comprised of $75 million in Series C equity financing and $75 million in additional working capital. The funding round was led by Greenspring Associates, with contributions from current investors Greylock,...

Retail
Misfits Market Hits $2B Valuation, Capturing Young Consumers’ Demand for Sustainable eGrocery
September 14, 2021

Sustainability-focused online grocer Misfits Market is no misfit when it comes to raising venture capital, the eGrocery platform is quite popular. The company announced Tuesday (Sept. 14) that it has raised $225 million in its Series C-1 funding round, bringing its total funding to over...