News

Retail
Kroger Looks To Parlay Digital-First Growth Into Omnichannel Success
March 04, 2021

The digital shift has been good to Kroger. The supermarket chain reported strong Q4 earnings on Thursday (March 4), driven by the company’s savvy digital presence as well as its expanded pickup and delivery options. Per the earnings release, digital sales grew 118 percent year...

Wearables
Amazon Connects Alexa To Its Halo Fitness Device
March 04, 2021

Amazon’s fitness tracker Halo can now pair with Alexa smart speakers, giving users the ability to ask questions about their health without having to interact with the app, The Verge reported on Thursday (March 4). Get the Full Story Complete the form to unlock this article...

Retail
Today In Retail: BJ’s Reports 15.9 Pct Increase In Comparable Club Sales; Purple Innovation Sees...
March 04, 2021

In today’s top retail news, BJ’s Wholesale Club Holdings, Inc. reported a rise in comparable club sales excluding fuel sales, while Purple Innovation Inc reported a jump in net revenue. Plus, Walmart plans to spend $350 billion on American-made products. Get the Full Story Complete the...

News
Today In Payments: Amazon Opens Cashierless Store In London; Twitter Testing Shopping Card eCommerce Feature
March 04, 2021

In today’s top news, Amazon opened its first physical cashierless store outside of North America, and Twitter is adding “Shop” buttons to some tweets. Plus, Vroom’s earnings showed the demand for used cars amid the pandemic. Get the Full Story Complete the form to unlock...

Investments
Home Insurance Firm Hippo Plans To Merge With SPAC To Go Public
March 04, 2021

Home insurance group Hippo Enterprises Inc. plans to go public by merging with special purpose acquisition company (SPAC) Reinvent Technology Partners Z, according to a Thursday (March 4) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
SoftBank’s Z Holdings Hunts For Deal To Redefine Japanese Social Media
March 04, 2021

SoftBank’s internet subsidiary Z Holdings (ZHD), which operates Yahoo Japan’s search engine and eCommerce services, is on the hunt for a deal that would redefine the social media landscape in Japan, the Financial Times reported on Thursday (March 4). Get the Full Story Complete the form...

Partnerships / Acquisitions
Square Makes Deal For Majority Stake In Jay-Z’s Tidal Entertainment Platform
March 04, 2021

San Francisco-based Square has struck a deal to acquire a majority ownership stake in Tidal, an “artist-led global music and entertainment platform.” According to a press release, “Square expects to pay a mix of cash and stock of $297 million for a significant majority ownership...

eCommerce
Hershey’s Continues D2C Push With New Reese’s Bulk Offering
March 04, 2021

Ever had a craving for a peanut butter cup? Not a passing desire for a sweet treat of a vague description but an actual burning desire for that combination of chocolate and peanut butter most perfectly embodied by the Reese’s Peanut Butter Cup? Get the...

eCommerce
Walmart’s Flipkart Mulls SPAC Route To Go Public In US
March 04, 2021

Walmart’s Flipkart has been expanding its range in India even while it eyes its options for going public in the U.S. Flipkart is an eCommerce marketplace site competing against the likes of Amazon and Reliance Industries for the attentions of India’s consumers. Get the Full...