Direct-to-consumer (D2C) custom rug company Ernesta has opened its eCommerce site to more customers. The company’s beta program, announced last week, follows an earlier invite-only phase, said Ernesta CEO John Foley, who founded the business with two of his former Peloton colleagues, Hisao Kushi and...
Consistency and ease of use have made online bank transfers popular for paying recurring bills. However, one-quarter of consumers who tried online bank transfers, also known as pay by bank transfer, for the first time in the last year did so for a particular reason:...
The days of empty car dealer lots could be coming to an end. Easing supply chain constraints and steady production has increased vehicle availability, The Wall Street Journal (WSJ) reported Saturday (May 20), with some brands — Buick and Jeep among them — already seeing...
Come on party people, throw your hands in the air. It’s bottoms up on alcohol delivery for the summer 2023 season, and some big names are mixing at the nationwide cocktail hour. Some of us take a more dignified approach, sipping a Dalmore ‘62 while...
Another person has been charged for allegedly participating in the multimillion-dollar CoinDeal investment fraud scheme that was announced in January. Bryan Lee, 57, of Las Vegas, allegedly conspired with others in the scheme that defrauded more than 10,000 victims of $45 million, the U.S. Department of...
Expensify has added a chat feature for accountants to its payments app. The new Expensify Chat feature enables accountants to chat with clients and keep those conversations within the app, the company said in a Friday (May 19) press release. “The outdated model of using separate apps for tracking...
At first glance, the numbers are startling in their contrast. In their latest earnings reports, Walmart posted comparable eCommerce sales gains of 27% in its most recent quarter. Target posted a 3.4% drop in comparable digital sales. “We continue to gain market share in the grocery category, including...
There may be more bank mergers on the way. Treasury Secretary Janet Yellen told bank executives Thursday (May 18) that the industry may need more mergers, CNN reported Friday (May 19), citing unnamed sources. The report noted that the Treasury Department’s readout of the meeting, which included board members of...
Nigeria-based B2B eCommerce firm Sabi has raised $38 million in Series B funding. This funding round values the company at $300 million, TechCrunch reported Friday (May 19). Sabi acknowledged the report by retweeting a tweet by Lexi Novitske, general partner at growth-stage investor Norrsken22, that said, “Well, I guess the news is out.” Well,...
