On Wednesday (April 21), over 230 representatives from 143 businesses in the grocery industry and other parts of the food supply chain convened for a virtual “Day in Washington” to meet with lawmakers and discuss policy issues affecting the industries, reports Winsight Grocery Business. The...
Wirecard staffers reportedly took millions of euros in funds from the firm’s German base in plastic bags during a timeframe that spanned years, the Financial Times reported, citing unnamed sources. Individuals who used to work for Wirecard told authorities investigating the firm that workers took...
Amir Wain, founder and CEO of i2c, dives into the power of payments to transform not only the transaction itself, but the entire customer journey. In The Connected Economy’s Power Source – CEO Edition, he explains why we need to challenge the idea of payments...
Checkout.com, an eCommerce company, is leading a $110 million funding round for Saudi payments firm Tamara, which bills itself “the leading buy now, pay later (BNPL) provider” in the Middle East. The deal would be one of the region’s largest-ever startup venture rounds. Get the...
Companies across 22 sectors in the United Kingdom are undergoing the fastest uptick in significant financial distress in more than seven years, the Financial Times reported on Thursday (April 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
It’s been smooth sailing for MarineMax, the largest recreational boat and yacht retailer. The company reported that revenue for the quarter ending March 31, 2021 was a whopping 70 percent greater than the same period a year ago, jumping from $214 million to $523.1 million....
The parent company of over 10,000 NAPA Auto Parts stores reported strong sales for the first quarter that ended on March 31. Atlanta-based Genuine Parts Company reported sales from continuing operations were $4.5 billion, a 9.1 percent increase compared to $4.1 billion in the same...
Since Sleep Number transformed its entire product line to digitized “360 smart beds” three years ago, the chain of 600 bedding stores has been steadily growing sales and consumer converts to its platform. Add the pandemic’s at-home lifestyle changes and a few rounds of stimulus...
Rural lifestyle retailer Tractor Supply said stronger than expected online sales and fewer discounts helped to pave the way for record first-quarter results and a more bullish full-year outlook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
