While Walmart has transformed its business strategy in recent years to include bold innovations — like the drone delivery that Amazon pioneered — Amazon continues to lead the 60-year-old retail mainstay, according to “Amazon Versus Walmart Q1 2022,” a PYMNTS report. Get the report: Amazon...
Secondhand clothing eCommerce platform Vinted has debuted a B2B digital shipping platform, part of Vinted Go, the shipping service the Lithuanian company rolled out in June. According to a Wednesday (July 13) report by Fashion United, the service is available for domestic and cross-border deliveries across...
Point-of-sale (POS) and eCommerce software provider Lightspeed Commerce is launching an expanded version of its payments processing solution to meet the needs of the golf industry. Lightspeed Payments for Golf is an expansion of the company’s integrated payments tool that streamlines payments for both merchants...
Manufacturer and retailer of licensed sports gear company Fanatics is growing its collaboration with athletic apparel retail giant Nike to produce college sports attire in addition to its line of pro team clothing and accessories. Fanatics is pushing to become a major player in college...
The Bank for International Settlements (BIS) and the International Organization of Securities Commissions (IOSCO) published on Wednesday (July 13) their guidance on the application of financial market infrastructure rules to stablecoins, including the entities that provide stablecoins. The main message is that when a stablecoin...
Fraudsters have an extensive arsenal of methods when it comes to scamming businesses. Among the most dangerous of these tactics is business email compromise (BEC) fraud, in which bad actors pretend to be a company’s supplier and trick accounting teams into paying them instead of...
Even before ground was broken in 2004, things have never gone as planned for American Dream, the 3.5 million-square-foot entertainment and retail complex in New Jersey’s Meadowlands. After its delayed grand opening in 2019, followed soon after by intermittent closures in 2020 due to the...
After more than 350 years in business, Christie’s is still finding ways to reach new customers, including growing its online-only sales, expanding its digital innovation and stepping into the non-fungible token (NFT) market, according to the company’s first-half performance release Tuesday (July 12). “We have...
In a nod to consumers’ increasing embrace of e-commerce, Walmart said Wednesday (July 13) announced it is expanding its Spanish-language online search capabilities to better serve its fastest-growing demographic. “For years, we’ve spoken about our focus on creating seamless omnichannel shopping experiences that save our...
