News

Retail
Retail Pulse: The Price Must Be Right
June 15, 2018

It’s been a week of experimentation in retail, with many big names opening new types of stores to — as the saying goes — see what sticks. Brands like TJX, Macy’s, craft and fabric retailer Joann, and Walmart’s ModCloth are trying on smaller-format, off-brand and...

Retail
ALDI And Big Lots Are Among Successful Bidders For Toys R Us Stores
June 15, 2018

As the liquidation of Toys R Us marches on, retailers are bidding on the toy store’s brick-and-mortar locations. The latest successful bidders include ALDI, Ollie’s Bargain Outlet, Raymour & Flanigan, Ashley Furniture and Big Lots, CNBC reported. Get the Full Story Complete the form to unlock...

Retail
Amazon Looks To Brazil To Expand Its Hold On Beauty
June 15, 2018

Grupo Boticário and Natura Cosmeticos — two rising brands in Brazilian beauty — are both being heavily recruited by Amazon to sell via its Brazil platform, according to recently sourced reports in Reuters. The move represents an early play by Amazon on the world’s fourth-largest...

Retail
Macy’s Names Chief Technology Officer To Lead eCommerce Teams
June 15, 2018

After serving as the VP of technology at The Home Depot, Naveen Krishna is heading to Macy’s to become the retailer’s chief technology officer. In his role, he will lead the company’s technology strategy, in addition to spearheading the teams that build the company’s eCommerce...

Retail
Beachwear For Everywhere
June 15, 2018

On some level, the goal of redesigning swimwear, so that it makes just as much sense on the beach as it does anywhere else in public, can seem like a strange goal. Why would anyone want to look like they are dressed for the beach...

B2B Payments
RapidRatings, SynerTrade Collaborate On eProcurement Platform
June 15, 2018

Financial analytics firm RapidRatings and procurement technology company SynerTrade are collaborating on a solution for companies to mitigate procurement risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Wirecard’s Blockchain Approach To Supply Chain Payments
June 15, 2018

Payments firm Wirecard is expanding its presence in the B2B payments market, and is deploying blockchain technology in the process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Warehouse Robots, AltFin And Cybersecurity Top B2B Funding
June 15, 2018

From warehouse robots to R&D analytics, the B2B startups covered in this week’s VC Investment roundup scored close to $200 million from investors. Logistics and alternative finance were high on the board, but it was a cybersecurity company in the U.S. that topped the week...

B2B Payments
Taking The Good Of B2C Payments — And Leaving The Bad — For B2B eCommerce
June 15, 2018

With the B2B eCommerce market towering over B2C’s in terms of transaction value — Forrester Research estimates the U.S. market will grow from $889 billion by the end of 2017 to $1.2 trillion by 2021 — the business-to-business payments market is primed for disruption. Get the...