In any crisis, a sense of community infuses human emotion and behavior. It’s exactly the effect we’re seeing, but with a twist. New data reveals that over half of U.S. consumers — 139 million people — “want to be rewarded for shopping local, but they...
The world’s largest quick-service restaurant (QSR) chain just had its cyber defenses breached. McDonald’s revealed Friday (June 11) that its databases have been hacked in the United States, South Korea and Taiwan, reports The Wall Street Journal. The breach was discovered when external consultants looked into...
It may have been overshadowed and outsized by monday.com’s initial public offering (IPO) but the trading debut of the vintage goods seller 1st Dibs has been the week’s surprise winner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Within hours of each other this week, the low-cost leader and the online giant were both making news for their growing efforts to lower prices in what has become the new frontier for drug war. Get the Full Story Complete the form to unlock this...
Signet Jewelers, which runs about 2,800 retail locations under names like Jared, Zales and Kay Jewelers, reported as part of its Q1 fiscal year 2022 results that its revenue nearly doubled from last year, according to an announcement. Get the Full Story Complete the form to unlock...
The pace of SPAC/IPO listings picked up a bit this past week, capped, one might say, by Marqeta’s debut on the NASDAQ exchange on Wednesday (June 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
SIGNA Sports United (SSU), the sports eCommerce retailer and technology company, has struck a deal to combine with publicly-traded special purpose acquisition company (SPAC) Yucaipa Acquisition Corporation (YAC). The deal also encompasses the purchase of eCommerce bike retailer WiggleCRC Group, according to an announcement. Get...
Despite a labor shortage at its fulfillment centers and an increase in out-of-stock items, the online pet supply retailer Chewy said on Thursday (June 10) that efficiently adding new customers and growing its share of consumer spending were the key components of its growth strategy....
Commercial card technology remains an important component of B2B payments digitization — and as more financial institutions (FIs) seek to help their business customers embrace electronic payments, their corporate card offerings have had to step up to add value in new ways. Get the Full...
