Chargebee, a subscription billing and revenue management platform, has reeled in an additional $125 million in venture funding. The Series G round was co-led by new investor Sapphire Ventures and existing investors Tiger Global and Insight Venture Partners, and existing investor Steadview Capital also participated, Chargebee said...
Six months after the rollout of its sweeping corporate sustainability agenda, the yoga and athletic apparel retailer lululemon has unveiled its first-ever venture to resell gently used clothes. In announcing its “Like New” reCommerce initiative, the retailer will join a growing movement within the apparel...
Shahmir Khaliq, global head of Treasury and Trade Solutions for Citi, says that in order to succeed in today’s quickly digitizing payments landscape, merchants must focus on delivering in three key areas: choice, convenience, and speed. Find out why in The Connected Economy’s Power Source – CEO...
At a time when online shopping has surged to represent almost 20 percent of total retail sales, fueled by the ubiquity of free shipping and free returns, San Francisco-based startup TryNow is challenging industry norms and transforming consumer behavior by allowing customers to try on...
The country’s largest auto retailer said Tuesday (April 20) that rising new and used vehicle prices as well as its lucrative parts and service and financing businesses combined to deliver AutoNation’s most profitable quarter ever — the fourth time in a row that it has...
BJ’s Wholesale Club has named Bob Eddy as its new president and chief executive officer, according to an announcement. 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...
Amid formidable demand from DIY shoppers and professional customers, Advance Auto Parts said it anticipates comparable-store sales growth to be between 22 percent and 24 percent for the first quarter of 2021, according to a Tuesday (April 20) announcement. Get the Full Story Complete the...
“Most merchants today lack little insight into a customer’s online habits,” says Chuck Huang, founder and CEO of Citcon. “Restaurant guests may now read menus on their phones, but few restaurants lack the sophistication to retarget them afterward.” Read more about why Huang believes it’s...
Kristian Gjerding, CEO of CellPoint Digital, explains why payments orchestration is so critical to a modern payments ecosystem –and how it could help firms recover after the economic devastation of the pandemic. Read his expert insights in The Connected Economy’s Power Source – CEO Edition. ...
