Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes personalization gains by a major brand, along with a new, very optimistic take on Amazon. Chipotle has delivery news, a bank CEO talks mergers and a wholesale...
The currency decline continues: The Swedish krona fell Wednesday (Aug. 29) against the euro, the fifth straight day that has happened. The decline comes amid political uncertainty in that Nordic country, the prospect of a widening trade war that could hurt it and increasing attention...
The headlines all play on the name “SWIFT” in some form or another: “Germany Wants A Swift End To SWIFT,” or “Some Critics Want A ‘SWIFT’ End To US Payments Dominance,” or “A Problem Has Arisen In Europe, Swiftly, Over Payments (And SWIFT).” Get the...
Personalized eCommerce has reportedly been good for the Diane von Furstenberg (DVF) brand — it is now bringing in 11 percent of the firm’s revenue, according to a recent release. That was paired with the news that 50 percent of web traffic to DVF comes...
There’s fondness for a product, then there’s genuine loyalty and outright obsession. When it comes to Olive Garden’s annual Never Ending Pasta Pass sale, one is generally dealing among the ranks of the truly obsessed. Everyone likes Olive Garden breadsticks, but it takes a very specific...
Subscription services like Ipsy have long offered customers the chance to test samples when discovering new beauty products. These services are now building upon their existing business models by rolling out tester plans for full-sized products, but the real deal comes with advantages over just a sample....
Following its initial public offering (IPO), sales are on the rise at BJ’s Wholesale Club. In the second quarter, net sales at the wholesale chain increased by 4.3 percent year-over-year and arrived at $3.2 billion, Retail Dive reported. Get the Full Story Complete the form...
Consumers have been increasingly trading long waits in line for fast food by placing orders through mobile apps for a while now, but the trend is not limited to quick service restaurants (QSRs). Mobile order-ahead technology is gaining traction in all sorts of restaurant verticals,...
As Chipotle Mexican Grill seeks to bring more people to eat its tacos and burritos, the quick service restaurant (QSR) is teaming up with DoorDash for delivery. The tie-up comes as CEO Brian Niccol has been working on turnaround efforts such as a loyalty program,...
