News

Retail
Stimulus Checks Lift March Retail Sales By Almost 10 Pct
April 15, 2021

In a pushback to the adage that things rarely go as planned, the federal government’s third round of stimulus checks, which were issued last month to boost spending and the economy, worked exactly as lawmakers had hoped, lifting March retail sales by a much better-than-expected...

Retail
Soft Cold And Flu Season Drives $18.5 Million Loss For Rite Aid
April 15, 2021

The pandemic is a two-sided coin for the pharmacy and drug store category. Consumers needed more preventative health products, but they also took better care of themselves. Both added up to Rite Aid’s wider-than-expected fiscal fourth-quarter loss, as it struggled with an uncharacteristically “soft” cold...

Retail
Dollar Tree, Inc. Unveils New Media Network To Help CPG Brands Advertise
April 15, 2021

Dollar Tree, Inc. has debuted its Chesapeake Media Group retail media network, which the retailer describes as a platform for brands to engage with shoppers through a tailored and very targeted digital experience, according a Thursday (April 15) announcement. Get the Full Story Complete the...

Retail
Mary Kay Unveils ‘Suite 13’ Digital Beauty Experience
April 15, 2021

Mary Kay Inc. and its Mary Kay Global Design Studio have revealed a digital beauty experience called Suite 13, which harnesses virtual reality technology to digitize Mary Kay’s inaugural digital pop-up showroom, according to a Thursday (April 15) announcement. Get the Full Story Complete the form...

Banking
Study: Many Consumers Will Buy Insurance From Their Bank If Offered The Option
April 15, 2021

Would it surprise you to learn that Gen Z consumers — the oldest of whom turn 24 this year — are the most likely of all demographic groups to seek information on life insurance? Coming out of the COVID-19 episode, few things are truly surprising...

B2B Payments
Emerging Technologies, Services Drive Payment Rail Innovation
April 15, 2021

This week’s round-up of the newest innovations in payment rails for B2B payments shows a key focus on improving upon existing rails — and fueling adoption of new ones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Digital Platforms Improve Trade, Supply Chain Finance Between US, Mexico
April 15, 2021

International trade, and trade finance, has long been dominated by what might be called the paper chase – the documents, the signatures, the invoices that slow down everything from ordering goods to getting shippers, truckers and exporters paid once the transaction is fulfilled. And it’s...

Retail
Blackhawk Network Wants Supermarkets To Take A Chance On Lottery
April 15, 2021

Consumers clearly like playing the lottery — they purchase roughly $60 billion worth of scratch-off tickets a year. You have to be in it to win it, as the expression goes, and American consumers are mostly certainly in it. Get the Full Story Complete the...

B2B Payments
PayFacs Tap Embedded Payments To Improve The B2B Customer Experience
April 15, 2021

Rising expectations among buyers, for both consumers and businesses, are making an impact throughout the entire transaction experience. That includes product sourcing, customer service and, of course, payments. With business-to-business (B2B) brands taking note of the importance of the payments workflow in driving a favorable...