News

Partnerships / Acquisitions
Spain’s TravelPerk Snaps Up UK’s Click Travel
July 06, 2021

TravelPerk, provider of business travel and expense management, is acquiring Click Travel, a specialist in corporate domestic travel, for an undisclosed amount, Avi Meir, CEO and co-founder of TravelPerk, said in a blog post on Tuesday (July 6). Get the Full Story Complete the form to unlock...

News
Today In Payments: Pine Labs Notches $600M At $3.5B Valuation; Pleo Closes $150M Funding Deal...
July 06, 2021

In today’s top news, merchant commerce firm Pine Labs is now valued at $3.5 billion, and FinTech Pleo raised $150 million. Plus, Klarna is being investigated over a breach of bank security laws. Get the Full Story Complete the form to unlock this article and...

Loyalty & Rewards
Papa John’s Hits Loyalty Milestone As Budget-Conscious Consumers Seek Restaurant Rewards
July 06, 2021

Papa John’s just hit the McDonald’s milestone. The pizza restaurant announced Tuesday (July 6) that its loyalty rewards program had reached 20 million members. For context, 20 million is the number of active users that McDonald’s, the world’s largest quick-service restaurant (QSR) chain, has for...

International
Big Tech’s Big China Trouble Makes Investors See Red
July 06, 2021

China — a market with hundreds of millions of consumers, a burgeoning middle class, with the attendant discretionary income — proves an irresistible lure for Big Tech firms hailing from China itself and abroad. Get the Full Story Complete the form to unlock this article...

Retail
Global Retailers Watch Chinese Tech Crackdown In Lucrative But Challenging Asian Market
July 06, 2021

Warnings to Hong Kong from Amazon, Facebook and Google about the Chinese region’s proposed data-protection laws are a sign that even the biggest eCommerce companies are worried about doing business in the formerly autonomous area — even as they rely on China’s retail market. Get...

Retail
High Oil Prices Another Logistical Headwind In Retailers’ Supply Chain Struggles
July 06, 2021

The combination of oil prices hitting a six-year high and average gasoline costs at a seven-year high is exacerbating an existing headache for retailers who are already contending with supply chain woes. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Scourge Of Fake Reviews Threaten Reputations Of Brands
July 06, 2021

In the past two months, regulators in the U.S. and U.K. have taken aim at the increase of fake reviews online, with the Federal Trade Commission (FTC) warning Amazon in May to crack down and the United Kingdom’s Competition and Markets Authority (CMA) opening a...

Retail
FutureProof, Australia’s Wolki Farm Open Store Run Via App
July 06, 2021

High tech’s future has arrived in Australia — with the opening of a Wolki Farm store that has no employees on the shop floor. Instead, customers use FutureProof Retail’s “Scan & Go” technology to shop and check out, the companies said in a press release...

Retail
Video-Game Retailer GameStop Adds To Shipping Network With Nevada Facility
July 06, 2021

Meme-stock star GameStop continues to forge ahead on the comeback trail. The company announced Tuesday (July 6) that it had signed a lease on a 530,000-square-foot facility in Reno, Nevada. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...