FedEx Corp. said on Monday (Dec. 28) that it has finished its purchase of ShopRunner, which had been announced in the past. The logistics company said that ShopRunner’s functions complement and grow its eCommerce portfolio and are anticipated to “create increased value for brands, merchants...
Direct-to-consumer (D2C) brands came in two flavors during 2020. The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. The second flavor were the brands...
Discount supermarket retailer Save A Lot unveiled the sale of 51 retail locations run by the company in the Tampa, Florida market to existing Save A Lot Retail Partner licensee Fresh Encounter. The latter company will keep running the retail locations with the Save A...
India-based Flipkart said its new wholesale operation, a business-to-business (B2B) marketplace, has surged in popularity as the pandemic has pushed more sales online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
PYMNTS December 2020 Global B2B Payments Playbook done in collaboration with Worldpay makes a simple, somewhat baffling observation: “Many B2B payments are [still] being made over the same rails that firms have leveraged for decades, utilizing familiar payment tools and being supported by the same...
While 2020 has been a monumental year for B2B payments digitization and innovation, plenty of friction still exists in the way corporate buyers pay their suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As the single source of truth within the back office, the enterprise resource planning (ERP) system continues to play a vital role across many functions, particularly those involving finance and payments. In the construction industry, the ERP is especially valuable considering the complex network of...
Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. In a recent announcement, Nacha said that a survey it conducted in collaboration with Blueflame Consulting and Research revealed the accounts payable department’s growing exposure to fraud risks,...
Pepperl+Fuchs, which works in industrial sensor technology and explosion protection, will work with o9 Solutions‘ artificial intelligence (AI)-powered platform, which will help bolster decision making and better visibility, a press release says. Get the Full Story Complete the form to unlock this article and enjoy...
