News

Partnerships / Acquisitions
Walmart Teams With Postmates To Deliver More Groceries To Homes
April 10, 2018

Walmart steps up its efforts to bring more groceries to people’s homes through an agreement with Postmates that will expand the company’s Online Grocery Delivery option to more than 40 percent of U.S. households. Get the Full Story Complete the form to unlock this article and...

Investments
Ant Financial May Become The World’s Biggest Unicorn
April 10, 2018

Through a private funding round that could make Ant Financial the world’s biggest unicorn, the Chinese financial firm — an affiliate of Alibaba — is reportedly seeking to raise $9 billion. The fresh investment could lead to a valuation of nearly $150 billion for Ant, The Wall...

Retail
Kroger Goes On A Hiring Spree
April 10, 2018

Kroger is doubling down on its human capital coming soon — the massive grocery chain has announced it will be hiring some 11,000 employees across its various supermarket brands. That hiring binge will extend to Fred Meyer locations, as well as Mariano’s Fresh Market. Of...

Retail
IKEA Unveils Smart-Speaker Line
April 10, 2018

Continuing its foray into smart-home devices, IKEA is rolling out four smart speakers dubbed Eneby. The launch, however, is the company’s first venture in audio, TheNextWeb reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Best Buy Plans First Store Opening In Seven Years
April 10, 2018

Marking its first big-box store opening in seven years, Best Buy is opening a 36,000-square-foot store in a suburb of Salt Lake City. The store is located in a mixed-use development called Station Park and is scheduled to open in the fall, the StarTribune reported....

Delivery
Boxed Launches Membership With Customer Rewards And Discounts
April 10, 2018

Boxed, known as the “Costco for millennials,” has launched its first paid-membership tier that will offer customers rewards and discounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Loyalty & Rewards
How Merchants Can Tap Into Cash Back Promotions
April 10, 2018

Merchants can capitalize on word-of-mouth marketing through cash back platforms such as DOSH that encourage social media sharing. These platforms reach consumers by reinforcing a behavior that consumers already exhibit — shopping with their credit and debit cards — while giving merchants valuable data. Get...

Delivery
How DoorDash Bike Couriers Evolved From Telegram Messengers
April 10, 2018

Bikes have long been a useful medium for transporting goods. In late 1880s Paris, for example, messengers on bicycles delivered checks between banks. Bike couriers also carried telegram messages over their last-mile journeys. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
AI’s Effort To Pull Hidden Costs (And Risk) Into The Light
April 10, 2018

Corporate expansion – in size and geographic reach – is a complicated beast. Of course, business growth goes hand in hand with increased revenues, but that growth also means the enterprise is likely spending a lot more money. Get the Full Story Complete the form...