News

Retail
Flipkart Still Hasn’t Finalized Walmart Deal
May 04, 2018

Walmart is far along in discussions with Flipkart for a controlling stake in the Indian eCommerce marketplace, but Flipkart’s board hasn’t yet firmed up the deal. However, a source close to the matter said a resolution could happen in a matter of days, Reuters reported. Get the...

Retail
Play Ball: Secondhand Sports Gear Has Its Own Marketplace Now
May 04, 2018

Buying secondhand sports gear isn’t as easy as it sounds. Neither is selling the kids’ old hockey skates or baseball bats. It may seem like perfect material for eBay, Craigslist, letgo or Facebook Marketplace, but according to SidelineSwap Co-Founder and CEO Brendan Candon, that can be...

Retail
Blue Apron Looks To The Grocery Aisle After First Quarter Earnings
May 04, 2018

Meal kit delivery service Blue Apron is trying to build momentum beyond the first quarter as it eyes new sales channels to attract more customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Retailers Can Create Headset-Free Virtual Reality Experiences
May 04, 2018

Brick-and-mortar stores can’t always offer the in-store experience to consumers at home, particularly if they have products that are meant to be picked up and admired from multiple angles. Vancouver’s Six Hundred Four, which sells limited-edition sneakers designed by artists, for example, has an in-store...

Retail
Cash&Carry Rebrands Itself Into Smart Foodservice
May 04, 2018

Cash&Carry Smart Foodservice announced it is rebranding to the name Smart Foodservice Warehouse Stores. The company said the change reflects more than 60 years of evolution in the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Delivery
Putting Southern Hospitality In A Box — And Delivering It
May 04, 2018

There is no shortage of services out there that promise the hungry and time-pressed a delicious meal in a box, broken down by ingredients and ready to be prepared with a simple recipe. Blue Apron, Chef’d, Plated, HelloFresh are all offering variations on the theme. Get...

B2B Payments
Mastercard Develops Micro SMB Financing Solution With Unilever
May 04, 2018

Mastercard is expanding its existing partnership with Unilever to bridge micro-small business owners in Africa with access to financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

B2B Payments
For Most CIOs, Blockchain Isn’t In The Cards, Gartner Finds
May 04, 2018

The International Data Corporation (IDC) released data in January highlighting the immensity of blockchain investment: Analysts calculated global spend on the technology to hit $2.1 billion this year, up from $945 million last year. The figure is expected to grow to a whopping $9.7 billion...

B2B Payments
Supplier Payments Around The World Are Getting Longer, Raising Insolvency Risk
May 04, 2018

Regulators and analysts in the U.K. have brought attention to the nation’s plight against late supplier payments, but a new report from Euler Hermes warns this is a global issue — one that is worsening and raising the insolvency risk. Get the Full Story Complete...