News

Retail
Target Expands Grocery Pickup Options As Food Spend Increases
March 03, 2021

Target began rolling out grocery pickup and drive-up across the United States over the summer in an effort to compete with the low-contact options offered by competitors. The service allowed customers to place digital orders in advance through the retailer’s website or app. Pickup customers...

Retail
Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
March 03, 2021

Luxury retailer Nordstrom said it posted a 20 percent decrease in fourth-quarter sales and an 82 percent decline in earnings as higher than expected merchandise markdowns, increased freight costs and COVID-related expenses crimped profits. Get the Full Story Complete the form to unlock this article...

Retail
Dollar Tree To Ramp Up Combo Stores And New Locations In Bid To Boost Sales...
March 03, 2021

Dollar Tree, the country’s second-largest operator of discount stores, said Wednesday (March 3) that it is accelerating store growth and renovations this year as it looks to boost sales and profits at its more than 15,000 locations. Get the Full Story Complete the form to...

Retail
David’s Bridal Preps For Post-COVID Events Surge
March 03, 2021

Of all the many aspects of daily life disrupted by the pandemic, few have been as disappointing and costly as the wholesale cancellation of weddings, which are often planned and paid for more than a year in advance. Now that the vaccine rollout is progressing...

Retail
Vestiaire Collective Wraps Up $215 Million Financing Round
March 03, 2021

French pre-owned fashion platform Vestiaire Collective completed a 178 million euro (approximately $215 million) financing round. American investment firm Tiger Global Management and French luxury company Kering were among the investors, Finsmes reported. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Ross Stores’ Traffic Lowered By Pandemic
March 03, 2021

Off-price apparel and home fashion chain Ross Stores, Inc., which has 1,585 locations in 40 states, said that fourth-quarter sales came out ahead of its forecasts, although the pandemic proved to be a headwind for traffic, according to a press release. Get the Full Story Complete the...

Loyalty & Rewards
Tango Card Rolls Out Reward Automation System With Workato
March 03, 2021

Digital rewards and loyalty provider Tango Card has teamed up with enterprise automation platform Workato to roll out RG Integrate, which lets firms connect digital gift cards with the technologies they currently utilize without the need for programmers or programming resources, according to a Tuesday (Mar....

B2B Payments
Mixing Predictability With Agility To Combat Supply Chain Risk
March 03, 2021

Forecasting is a critical strategy in supply chain management and risk mitigation, and while this area of expertise has become a priority for more members of the C-suite, if the last year has taught corporates anything, it’s that the only thing certain is that nothing...

B2B Payments
Bitcoin’s Symbolic Impact On Digitizing Liquor B2B Payments
March 03, 2021

Talk of bitcoin in the corporate treasury department continues to build, but it remains to be seen whether that talk will amount to true transformation of corporate finances — or mere, empty hype. Get the Full Story Complete the form to unlock this article and...