News

Retail
eCommerce Sales Jump 12.4 Pct In Q1
May 20, 2019

Sales done digitally continue to gain ground across U.S. commerce. 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...

Retail
Lowe’s Strengthens Tech Focus With Retail Analytics Acquisition
May 20, 2019

To sharpen its focus on retail technology, Lowe’s Companies, Inc. is acquiring Boomerang Commerce’s Retail Analytics platform. The technology will strengthen data-driven pricing and merchandise assortment decisions across the company’s businesses, Lowe’s said in an announcement. Get the Full Story Complete the form to unlock...

Retail
Amazon Investors To Vote On Facial Recognition Measures
May 20, 2019

In an environment where lawmakers and civil liberties groups are scrutinizing facial recognition software, Amazon is facing pressure from shareholders: Investors will reportedly vote on whether the eCommerce company’s efforts to disseminate surveillance software imperils civil rights, The New York Times reported. Get the Full...

Retail
Are Drones The Future Of Last-Mile Delivery For Medicine — And Retail?
May 20, 2019

With all the hype about drones traversing the skies for retail’s last mile, the reality of drone delivery appears to be starting to finally take flight — and for use cases that may have lifesaving implications. Zipline, which delivers medicine, has reached a valuation of...

Retail
Fighting The War On Delicious Food With Huel (Yes, Huel)
May 20, 2019

When it comes to food, complaints about price, accessibility, variety and taste are all very common, but it is not a common experience to hear someone bemoan the tastiness of their meal. No one complains about food being too delicious. But for Huel Co-Founder Julian...

Retail
How Eco-Friendly eTailers Aim To Reinvent Shampoo
May 20, 2019

To provide consumers with an eco-friendly alternative to shampoo in single-use plastic packaging, direct-to-consumer (DTC) brands are providing the product in a bar with paper-based packaging. The idea is not entirely new: HiBAR Co-founder Ward Johnson told PYMNTS in an interview that there are currently...

B2B Payments
The C-Suite Develops Supply Chain Innovation Plans
May 20, 2019

Blockchain tends to receive the most excitement and attention on the topic of supply chain technology, but it’s not the tool the C-suite is focusing on — and investing in — the most. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Tackling The Interchange Fee Hurdle In Commercial Card Acceptance
May 20, 2019

In a B2B climate of delayed payments and heightened pressure for cash flow optimization, the commercial card has emerged as what many card companies and issuing banks would consider to be a middle ground between buyer and supplier. Cards enable suppliers to get paid right...

B2B Payments
Metro Bank Combats Internet Hoax With $478M Fundraise
May 20, 2019

Shareholders have raised $478 million for U.K. challenger bank Metro Bank after an internet hoax raised concerns over the value of the institution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...