The check is not in the mail — at least not when it should be. That’s the takeaway from a recent Wall Street Journal report that shows payments to suppliers continue to run late, despite signs of pandemic recovery springing up across the segment. Get...
Investors keep flocking to financial technology company (FinTech) Nubank. On Tuesday (June 8), Nubank announced both a $500 million investment from Berkshire Hathaway and another $250 million from Sands Capital and Brazil’s Absoluto Partners and Verde Asset Management. Get the Full Story Complete the form...
Mobile cash payments platform PayNearMe has announced that customers will be able to facilitate cash payments for bills through the Green Dot Network at participating Walmart stores, according to a Tuesday (June 8) press release. Get the Full Story Complete the form to unlock this article and...
San Francisco-based sticky.io, which provides an eCommerce platform, has closed a $90 million transaction with Goldman Sachs Asset Management’s private credit business. The eCommerce company said in an emailed press release that it would use the cash to build more functionality into its platform and...
Biometrics are poised to make the leap beyond airports, and to act as a passport to any number of environments where crowds gather in the post-COVID reopening. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
J.Jill, an omnichannel retailer and women’s apparel brand, reported that its direct-to-consumer (D2C) net sales soared by approximately 33 percent over 2020 for the first quarter concluding on May 1, 2021, according to a Tuesday (June 8) announcement. Get the Full Story Complete the form...
Eleven months after Gap announced its 10-year product partnership with Kanye West and his Yeezy brand, the 50-year-old casual apparel retailer is seeing something it never has before: frenzied consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Fashion retailer Chico’s FAS, whose stable of brands includes Soma, WHBM and Chico’s, reported that total company first-quarter sales increased by approximately 38 percent, according to a Tuesday (June 8) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Ten years and 50 million “fixes” later, the founder of online styling service Stitch Fix says new clients and expanded product offerings will see the company’s best days ahead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
