Former Walmart President and CEO Bill Simon said on Wednesday (April 3) that he doesn’t think Amazon’s move to cut prices at Whole Foods will boost sales at the grocery store, according to a report by CNBC. This would be the second round of price...
The Food and Drug Administration’s outgoing Commissioner Scott Gottlieb said Wednesday (April 3) he’s not sure about the move on the part of Walgreens and CVS to sell CBD products in their stores. Get the Full Story Complete the form to unlock this article and enjoy...
Financial services company Affirm has raised $300 million in a Series F funding round, the company said in a press release. The funding round was led by Thrive Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Boost Payment Solutions, a company that targets friction in the commercial card market to increase acceptance of cards in B2B transactions, has announced $12 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Do millennials cook? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications...
To help tell consumers about less expensive alternative offerings, Goodwill Industries of Greater New York and Northern New Jersey is teaming with Price.com. The organization is tapping into Price.com’s browser extension, which lets shoppers searching for new items on other platforms find cheaper used options...
Food preparation is going to the robotic overlords, with entrepreneurs tackling the tasks of making products such as smoothies with the help of automation. Take Blendid, which Co-Founder Vipin Jain defined in a PYMNTS interview as a fully autonomous “robotic kiosk that prepares food on...
Retailers are turning to voice assistants to make it easier for customers to shop for groceries amid strong competition. Walmart, in one case, has rolled out an offering called Walmart Voice Order by working with partners such as Google. Get the Full Story Complete the...
In a move that could raise at least $100 million, Goldman Sachs-backed online pet shop Boqii Co. is planning an initial public offering (IPO), per unnamed sources. The eCommerce firm, which is based in Shanghai, is mulling offering shares in U.S. or Hong Kong, Bloomberg...
