News

Retail
CVS Pharmacy Revamps ExtraCare Loyalty Program
June 15, 2021

CVS Pharmacy has updated its ExtraCare rewards loyalty program to now offer 2 percent back in ExtraBucks rewards shortly following each transaction instead of having them paid out on a quarterly basis, according to a Tuesday (June 15) announcement. Get the Full Story Complete the...

IPO
Amid Top Line Growth, Boxed SPAC Deal Hints At Online Grocers’ Profit Challenge
June 15, 2021

For eCommerce firms focusing on groceries: The online sales are there, to be sure, but it’s the logistics and fulfillment that stand as pain points on the way to positive operating metrics. Get the Full Story Complete the form to unlock this article and enjoy...

eCommerce
Shopify Offers Shop Pay Checkout System To All Facebook, Google Merchants
June 15, 2021

Shopify is ringing up a big expansion that will make its Shop Pay “one-click checkout” available to any business selling on Facebook and Google. The offer includes merchants that are not even on Shopify. Get the Full Story Complete the form to unlock this article...

Investments
Wholesale Fashion Platform JOOR Raises $46 Million
June 15, 2021

Wholesale fashion platform JOOR has notched $46 million in a Series D funding round led by Macquarie Capital Principal  Finance, with participation from previous backers ITOCHU Corporation, Battery Ventures and Canaan Partners.  Get the Full Story Complete the form to unlock this article and enjoy...

Retail
May Retail Sales Fall 1.3 Pct, Muddling Outlook For Consumer-Led Recovery
June 15, 2021

Reports of a red-hot consumer-led rebound were doused Tuesday (June 15) after the Commerce Department reported that May retail sales slid 1.3 percent from the prior month, as demand for building supplies, automobiles and electronics weakened. Get the Full Story Complete the form to unlock...

Retail
Walgreens Teams With Uber Eats For Same-Day Delivery
June 15, 2021

After working with Uber on a new vaccine scheduling option through the Uber app, Walgreens has grown its relationship with the logistics company to provide customers throughout the U.S. with merchandise directly through the Uber Eats platform. Get the Full Story Complete the form to...

Retail
NRF: 9 In 10 US Retailers Affected By Shipping Delays, Inventory Shortages
June 15, 2021

The country’s largest retail trade group says that 97 percent of its members have been impacted by port congestion and shipping delays — with nearly all of them experiencing inventory shortages — as congestion at the nation’s maritime ports continues to cause supply chain disruptions....

B2B Payments
Extending B2B Payments Optimization Efforts To The Freelancer Community
June 15, 2021

The U.S. talent pool is undergoing a massive shift. 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 our daily newsletter, PYMNTS Today. By completing this form,...

B2B Payments
Why Tech Procurement Takes A Selective Approach To B2B eCommerce
June 15, 2021

The talk of the B2B town these days often lands on the rise of the eCommerce model as more organizations are eager to source, purchase and pay for goods and services in digital environments. Get the Full Story Complete the form to unlock this article...