News

Investments
Calm The Latest Unicorn With $88M In New VC Funding
February 06, 2019

Calm, the startup that helps people contend with anxiety, stress and insomnia, has raised $88 million in venture funding, giving the company a valuation of $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
White-Glove Returns With A Finger On Changing Retail Logistics
February 06, 2019

Some startups are born after an entrepreneur spots a missing niche in the market: ReturnRunners, for instance, was started after its founder saw a need for a service that could help her return unneeded purchases in an age when she could outsource her groceries, dinner...

Retail
IKEA Tests Subscriptions In The Sharing Economy Age
February 06, 2019

Brick-and-mortar retailers are reinventing their business models amid changes in consumer preferences and the emergence of the sharing economy. IKEA, which is known for selling flat-packed furniture from 276 locations in 25 countries, is experimenting with a subscription offering in Switzerland. The pilot, which is...

Retail
FabFitFun Thinks Outside The (Subscription) Box
February 06, 2019

Lifestyle brand FabFitFun has taken something of a circuitous route toward building its retail business. In fact, in its early days nine years ago, it wasn’t a retail operation at all — it was a newsletter. That newsletter eventually grew into a blog and online...

Retail
Shopping Mall In Scotland Sells for Less Than Average London Apartment
February 06, 2019

A shopping mall in Scotland, located near Edinburgh, was sold at auction for just 310,000 pounds ($403,000) – a quarter less than the cost of the average London apartment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
NRF Expects Retail Sales To Reach $3.8T In 2019
February 06, 2019

The National Retail Federation (NRF) predicts that retail sales this year will increase between 3.8 percent and 4.4 percent to reach more than $3.8 trillion, despite threats from a trade war with China and the recent government shutdown. Get the Full Story Complete the form...

B2B Payments
Accountants Emerge At The Intersection Of Corporate Finance And IT
February 06, 2019

From fears that automation and technology will replace the need for human accountants, what has emerged instead is an understanding that technology is forcing the accounting and corporate finance professions to adjust to a new reality: technology can handle the manual number-crunching, leaving professionals to...

B2B Payments
Fleet Cards Caught In Crosshairs Of Corporate Card Fee Debate
February 06, 2019

Fleet payments company FLEETCOR is facing criticism over fees associated with its fleet cards, according to reports in Bloomberg last week, which small businesses (SMBs) say are too high. The issue mirrors the debate over payroll card fees, and raises new concerns over fees linked to card...

B2B Payments
Blackbaud Rolls Out P-Cards, Expense Management Platform
February 06, 2019

Cloud software company Blackbaud is rolling out purchasing cards and expense management services for its corporate customers, the company said Tuesday (Feb. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...