News

Retail
Amid Work From Home Shift, Target’s Activewear Brand Hits $1 Billion In Sales
February 08, 2021

Target’s “All in Motion” line of workout clothes and exercise equipment, launched just last year, has struck pay dirt during the pandemic. All in Motion — which includes everything from sports bras to hand weights to yoga mats — has become “a billion-dollar brand.” Get...

Social Commerce
Social Commerce Race Speeds Up With New TikTok Features
February 08, 2021

Social commerce, a seemingly natural enough concept, has struggled to get off the ground in the U.S. Social media is an excellent place to advertise goods and services, but the success rate in using it to buy and sell directly is a good deal more...

Retail
Stimulus And eCommerce Surge Lift Dept. Store Sales In January
February 08, 2021

Sales at U.S. department stores did something last month they haven’t done in a while: They grew. In fact, the 1.5 percent year-on-year increase posted collectively by the nation’s large retail chain stores was the first time since 2019 that this battered and diminished segment...

Retail
Nissan Taps CarSaver To Support Online Car Buying Platform
February 08, 2021

Nissan has chosen automotive eCommerce technology provider CarSaver to fuel the new Nissan@Home platform. The automaker chose CarSaver’s online shopping system to support parts of a new purchasing experience for clients following a successful experimental effort with seven dealers, according to an announcement. Get the...

Retail
Kroger Will Pay Workers $100 To Get COVID-19 Vaccine
February 08, 2021

The Kroger Co. family of companies said it would provide a single $100 payment to all workers who get the “full manufacturer-recommended doses” of the coronavirus vaccine, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
How Corporations Can Do Good — And Do Well — By Financing Supplier Invoices
February 08, 2021

It’s no hyperbole to describe cash flow as the lifeblood of a business. Even when small businesses are able to churn a profit, major pain points, like receiving delayed payments from large corporate customers, continue to throw a wrench in company cash flows, threatening the...

B2B Payments
Translating Cybersecurity Procurement To The B2B eCommerce Business Model
February 08, 2021

Venture capitalists pumped more than $8 billion into the cybersecurity space last year alone, an investment pipeline fueled, in part, by the dramatically increasing cyber threat that businesses of all sizes continue to face. Get the Full Story Complete the form to unlock this article...

B2B Payments
Corporate Buyers Face Impacts Of Supplier Payment Timing
February 08, 2021

Late payments are often considered a cash flow killer for small- to medium-sized business (SMB) suppliers. Amid the coronavirus crisis, more large corporates are looking to extend working capital by implementing longer payment terms to their vendors, and sometimes withholding pay past invoice due dates....

Investments
Autonomous Vehicle Tech Pony.ai Raises $100 Million
February 08, 2021

Pony.ai, a California developer of self-driving car technology that has landed big investments from Toyota and other major automobile players, has raised another $100 million, Venturebeat reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...