In its U.S. initial public offering (IPO), eCommerce luxury reseller The RealReal Inc. has notched $300 million. The company priced its shares above a target range, having sold 15 million shares for $20 apiece following their marketing at $17 to $19, Bloomberg reported. Get the...
With Rent The Runway’s second tie-up to grow its reach, the fashion rental company is bringing drop boxes to four Los Angeles Nordstrom locations. The drop boxes will be at three Nordstrom locations, with one that will also be brought to the retailer’s full-line store at...
Online retailers are teaming up with brick-and-mortar merchants to make it easier for consumers to retrieve their eCommerce purchases — and potentially generate foot traffic for physical stores in the process. Amazon, in one case, is working with Rite Aid to let consumers pick up packages...
It often seems that technology makes retail innovation. It can be easy to forget that people are behind those innovations. That brings us to Jony Ive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The idea for Unbound Merino was hatched on a trip to Hydra Greece, a hilly city where Co-Founder Dan Demsky found himself “sweating bullets” hauling his suitcases up a hill. It was at the moment he made the connection that would launch is business. Get...
Mobile food ordering moved from niche to mainstream in just a few years. According to the new Mobile Order-Ahead Tracker, the volume of food and beverage orders placed via mobile apps grew by 130 percent between 2016 and 2018. Currently, 60 percent of U.S. consumers...
As of Monday morning (June 28), Visa has announced it has signed a definitive acquisition agreement with Verifi. The payment tech firm offers a suite of data-enriched solutions to help merchants avoid chargebacks on card payments. Visa’s intention for the acquisition, according to a release,...
Millennials have particular banking needs — but, of course, so do the baby boomer, Gen X and Gen Z generations. That puts pressure on banks to innovate and tailor their customer experiences without alienating anyone. In the latest Digital Banking Tracker, Ashley Nagle Eknaian, head...
Small business (SMB) accounting company FreshBooks is introducing a new feature to support recurring revenue automation for the services industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
