News

Investments
ShopKeep Closes $65M Growth Round
December 11, 2018

ShopKeep, a tablet-to-cloud and point-of-sale (POS) payment platform for retailers and restaurants, has closed a $65 million round of equity and debt financing, according to the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
How Digital Will Change Brick-and-Mortar In 2019
December 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants...

Global Payments
Remitly Grows Global Footprint; MYOB Plans Omnichanel Gateway
December 11, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Remitly’s coverage expansion and product enhancements, as the company grows to reach 40 countries. In addition, Vipps reportedly plans to collaborate with Alipay in Norway, and MYOB is launching an...

Retail
Nurx’s Mission To Be More Than ‘The Uber Of Birth Control’
December 11, 2018

Over the last five or so years, there has been no shortage of businesses that have been described as the “Uber of something” – the Uber of boats, the Uber of hats, the Uber of childcare, the Uber of jets, and so on. Sometimes those...

Retail
Stitch Fix Earnings: A Mixed Bag Amid App Efforts
December 11, 2018

Amid expansion in its selection and growth of data sets from its Style Shuffle game, Stitch Fix reported first-quarter fiscal year 2019 earnings that beat analysts’ estimates, but fell short on Wall Street’s forecasts for active client count growth. The apparel subscription box service reported...

Retail
Post-Toys R Us, Retailers Vie For Experiential Toy Shoppers
December 11, 2018

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. U.K. toy retailer Hamleys, for instance, is eyeing a potential New York City location for a flagship store. A source close to the matter told...

Retail
JOANN Taps Into Mobile Location-Based Advertising
December 11, 2018

In an effort to tap into incremental revenue and store visits, fabric and craft retailer JOANN Stores is teaming up with mobile location platform Teemo. The retailer is using the latter company’s location-based advertising system, Teemo said in a press release. Get the Full Story Complete...

Retail
JD.com, Intel Create Joint Digitized Retail Lab
December 11, 2018

To look into smart retail solutions with the Internet of Things (IoT), JD.com and Intel have teamed up to start the Digitized Retail Joint Lab. The effort is geared toward creating next-generation vending machines, advertising as well as media solutions and technology for the stores...

B2B Payments
Digital Disruption Jumps To Top Of C-Suite’s 2019 Concerns
December 11, 2018

A new report from consulting firm Protiviti finds corporate c-level executives have shown a sudden spike in their concern over the “digital readiness” of their organizations, particularly as older companies struggle to embrace technology and compete with “born digital” players. Get the Full Story Complete the...