News

Investments
Shyft Raises $16M, Taps Randal Meske as Next CEO
September 15, 2022

Global moving industry marketplace Shyft has closed a $16 million Series B funding round, with the startup also naming business veteran Randal Meske as its new CEO. New investors included Munich RE Ventures and OurCrowd, with the round also seeing participation from existing investors, Inovia...

Investments
Roofr Raises $12M to Advance SaaS Platform for Roofers
September 15, 2022

All-in-one roofing software startup Roofr has raised $12 million in a Series A funding round to build out its Software-as-a-Service (SaaS) platform and provide roofers with an easy way to manage their projects. The fresh infusion of capital was backed by past investors Bullpen Capital...

Retail
Walmart Upgrades Virtual Try-on Experience as Retail Fitting Tech Scales
September 15, 2022

For the second time in a year, Walmart has upgraded its virtual try-on technology via its new “Be Your Own Model” feature that literally puts shoppers in the picture. In announcing the latest upgrade, Walmart said its industry-leading technology would bring the in-store fitting room...

Retail
Big Lots Partners With DoorDash to Meet Consumer Demand for Delivery
September 15, 2022

On-demand delivery of bargain-priced merchandise will be available to consumers under a new partnership between Big Lots and DoorDash. With the new agreement, consumers can choose from 36,000 Big Lots items on the DoorDash app and website — an assortment ranging from home goods to...

Retail
Report: Kanye West Ends Yeezy Partnership With Gap
September 15, 2022

Kanye West has reportedly ended his partnership with Gap, with his lawyers saying the clothing retailer hasn’t fulfilled some of its obligations under their contract. The rap and fashion star’s lawyers said Gap did not meet its obligations to sell 40% of the brand’s merchandise...

Retail
Walmart, Amazon Escalate Fight to Win Buyers and Sellers
September 15, 2022

Within hours of Amazon’s announcement of its new suite of marketing tools aimed at attracting more sellers to its site, Walmart has answered with its own upgraded outreach to help sellers connect with shoppers. Among the changes the Arkansas-based retailer unveiled include a “Search Brand...

CFPB
CFPB’s Chopra Tells GOP Old Laws Still Apply for New Offenders
September 15, 2022

Speaking at a virtual event for the anniversary of a watchdog group, the Consumer Financial Protection Bureau (CFPB) boss took the opportunity to address a letter sent to the agency from Republican members of the Senate Banking Committee. “We’re going to keep doing our work,...

Merchant Innovation
Proactive Dispute Policies Put Merchants, Consumers on Same Page
September 15, 2022

Transaction disputes, by their very nature, are reactive problems for merchants. They don’t exist until a cardholder is dissatisfied or confused about a transaction, setting off a chain reaction of events. The cardholder first contacts the credit card issuer with a complaint, then a provisional...

Merchant Innovation
Ten Retailers Who’ve Flipped the Script on Digital Payments
September 15, 2022

As is the case with people, in business no two companies are exactly alike. And neither are their paths through the digital age. After all, crafting the means to an end — where bringing consumers and customers on board to browse, click and buy or...