News

Retail
Budweiser APAC Eyes $70B Valuation In IPO
May 10, 2019

In a move that brings it closer to an initial public offering (IPO), Anheuser-Busch InBev Group’s Asian business filed an application for a Hong Kong stock exchange listing. The Budweiser Brewing Company APAC Ltd. unit makes, imports and sells more than 50 brands of beer...

Retail
Retail Pulse: The RealReal Takes Omni Approach To New Store; Amazon Go Opens In NYC
May 10, 2019

Online brands are exploring the world of physical retail with brick-and-mortar stores, and this week, fashion eTailers continued to expand their brick-and-mortar footprints in two somewhat different and distant cities — San Francisco and New York. But eCommerce retailers included omnichannel features for their shoppers...

Retail
eTailers Look To Give Instant Coffee A Jolt Via Subscriptions
May 10, 2019

After moving to Oregon, Voila Coffee Founder Kent Sheridan saw a craft coffee culture bubbling up. He fell in love with specialty coffee – so much so that he carried a backpack with all of his coffee equipment: hand grinder, scale and kettle. Trying to...

Retail
Has Eating Local Has Hit A Tipping Point?
May 10, 2019

Consumers, particularly those who are environmentally conscious, love locally-grown food. Better for the planet, better for local farmers and (devotees report) better tasting, “eating local” has become something of a trend in consumption over the last several years. Get the Full Story Complete the form...

Retail
Sales From Chatbots Could Reach $112B By 2023
May 10, 2019

In a report that studied the impact of artificial intelligence (AI) on retail, Juniper Research estimates that retail sales stemming from interactions with chatbots are set to reach $112 billion by 2023. The firm also noted that chatbot interactions are set to skyrocket from a...

B2B Payments
AI Leads More Than $1B In Funding For B2B Startups
May 10, 2019

The B2B venture capital (VC) train continues full steam ahead after last week’s lucrative deals. This week, investors placed more than $1 billion in B2B startups, with the largest round landing at a Chinese artificial intelligence (AI) player. Other top deals focused on the corporate...

B2B Payments
Accounts Receivable Evolves, Tackles Digital Advertising’s Biggest Challenges
May 10, 2019

More than 1 million people canceled their television cable subscriptions in the first quarter of 2019 alone, and not because they aren’t consuming TV media and entertainment. In the shift to online streaming, cable companies aren’t the only players facing massive disruption: This change has...

B2B Payments
US Bank, Chrome River Develop T&E Mobile App
May 10, 2019

U.S. Bank and corporate travel and expense management solution provider Chrome River announced a collaboration Thursday (May 9) that addresses the friction in reporting travel expenses for infrequent business travelers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Wolters Kluwer Cyberattack Spreads ‘Quiet Panic’ Through Industry
May 10, 2019

A malware attack at accounting software company Wolters Kluwer wreaked havoc on the firm this week, as reports stated the cyber event has spread “quiet panic” throughout the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...