News

IPO
FinTech SPAC Activity Heats Up
August 20, 2021

FinTech-related special purpose acquisition company (SPAC) activity got a bit of a rebound this past week — specifically, targeting banking services and products, where new announcements took the initial public offering (IPO)/SPAC announced plans in this segment to 47 year to date, as tracked by...

Retail
What To Get The Couple That Has Everything? Experiences Now Top Wedding Gift Lists
August 20, 2021

As this summer has progressed and socialization norms have returned, so too have the perennial collections of wedding photos across social media — and with that, the resumption of scrolling through registries to determine what gift to bestow upon the bride and groom. Get the...

Retail
AMZN vs. WMT Weekly: Omnichannel Boosts Walmart Earnings; Amazon Signals It’s All-In On Brick-and-Mortar
August 20, 2021

In a battle that has thus far been primarily fought across a digital landscape, Amazon this week appeared to be taking its rivalry with Walmart to the physical realm, with news that it plans to open department store-style physical locations in the coming years. Get...

Retail
Consumer Anxieties Pull Holiday Shopping Into Back-To-School Season
August 20, 2021

Before the pandemic, if you can remember that long ago, there was a back-to-school shopping season and a holiday shopping season, and never the twain shall meet. With so much time between August and November (relatively speaking), Nikki Baird, vice president of retail innovation at...

Retail
Ross Stores Execs See Delta-Driven Supply Chain Problems
August 20, 2021

Executives at Ross Stores, the parent of Ross Dress for Less and dd’s DISCOUNTS apparel and home goods stores, are concerned that a global supply chain crunch driven by the COVID-19 Delta variant could deliver a hit to upcoming earnings, even as the company reported...

Retail
Foot Locker Cashes In On Supply Constraints
August 20, 2021

Foot Locker Inc. benefitted during the fiscal quarter that ended July 31 from strong demand and relatively low supplies of products — factors that combined let the supplier of athletic shoes and apparel maintain sales without having to discount heavily, a top executive with the...

B2B Payments
Paymogy Invests In Invoice Stream To Transform Accounts Payable
August 20, 2021

Invoice Stream is set for a revamp following an investment by Paymogy, whose founder, Vaden Landers, will now become interim CEO of the accounts payable automation platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Roping AP And AR Into The Intricacies Of Cash Forecasting
August 20, 2021

Cash flow forecasting is a critical practice for businesses of all sizes. By understanding cash positions up to 13 weeks down the line or ensuring cash flows are in line with budgetary goals, forecasting can keep a business on track and alert finance professionals to...

B2B Payments
B2B FinTech Funding Takes A Summer Breather
August 20, 2021

After months of high-profile funding rounds, the B2B FinTech community seems to be taking a bit of a breather with venture capitalists. While this week’s roundup may not be the busiest, it’s likely investments in the space will continue to regain speed for the rest...