News

Banking
Revolut Hits Unicorn Status With $250M Funding Round
April 26, 2018

Revolut, the digital banking company, announced Thursday (April 26) that it has raised $250 million in a new round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
BigCommerce Raises $64M Led By Goldman Sachs
April 25, 2018

BigCommerce, the eCommerce platform for retailing brands, announced news on Wednesday (April 25) that it has closed a $64 million round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
QSRs Ramp Up Mobile Order-Ahead Offerings
April 25, 2018

Consumers want their morning cup of joe, but they don’t want to wait on line. With mobile ordering at quick-service restaurants (QSRs) like The Coffee Bean & Tea Leaf, customers can ditch the queue. Get the Full Story Complete the form to unlock this article and...

Loyalty & Rewards
TGI Fridays Leads The Way On Loyalty
April 25, 2018

Ten years ago, in 2008, TGI Fridays blazed a rewards and loyalty trail that countless restaurants have followed since. This month, the chain announced it will be taking that customer experience to the next level through a partnership with customer data and engagement platform SessionM....

Retail
Curing The Dinnertime Blues With Smarter AI
April 25, 2018

Managing a kitchen is not easy work — it’s a leading cause of stress for the people (mostly women, mostly mothers) who do it. The pressure is high to get a nutritionally-balanced, home-cooked meal on the table every day. According to a study out of...

Retail
Wahlburgers Takes On The Grocery Aisle
April 25, 2018

To reach more consumers, Massachusetts-based restaurant chain Wahlburgers is taking its hamburgers to the grocery aisle. Through an agreement with beef supplier ARKK Food Co., the restaurant’s burgers will arrive in grocery stores such as Shaw’s as early as this month, The Boston Globe reported. Get...

Retail
Toys R Us Will Create $156M Vendor Fund
April 25, 2018

To pay vendors for merchandise shipped after its bankruptcy filing in September, a lawyer for Toys R Us said the embattled retailer will create a $156 million fund. But lawyers representing the retailer’s vendors said that amount doesn’t cover the $760 million in trade claims,...

Retail
Burger King Fuels Restaurant Brands’ First-Quarter Sales Growth
April 25, 2018

Restaurant Brands International posted strong first-quarter results, buoyed by strong sales growth at Burger King. The quick-service restaurant (QSR) chain reported system-wide sales growth of 11 percent, with net restaurant growth of 7 percent and comparable sales of 3.8 percent, Chief Executive Officer Daniel Schwartz...

Delivery
Coffee-Subscription Services Match Consumers With The Perfect Bean
April 25, 2018

After Suyog Mody started testing Driftaway Coffee, he learned a lesson about consumer preferences very quickly: Customers aren’t always good about articulating what they want. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...