Praxis Tech has launched a solution that enables “one-click payments” for merchants. The new Merchant Initiated Transactions (MIT) payment processing solution eliminates the need for manual entry of payment information, thereby streamlining the payment process, the provider of online payment solutions said in a Monday...
Hip-hop artists Jay-Z has made it onto Forbes’ 2023 Billionaires List thanks to his savvy investments in a range of consumer-focused industries. According to Forbes, Jay-Z’s current net worth is $2.5 billion, which has more than doubled since he was named hip-hop’s first billionaire back...
TikTok is reportedly having trouble attracting American merchants to its online shopping service. A report Monday by The Information says U.S. merchants are both more interested in expanding their brick-and-mortar operations and concerned that the government could ban TikTok, and with it, the platform’s burgeoning TikTok Shop feature....
Landing International and ClearForMe have partnered to help brands educate the retail beauty advisors who sell their products. By integrating Landing International’s online marketplace and ClearForMe’s database of ingredients, their combined offering will enable beauty advisors to more easily discover products with specific ingredients and...
eCommerce platform ReserveBar has teamed with the Distilled Spirits Council of the United States (DISCUS). The partnership, announced in a Monday (April 10) press release, will let consumers who take part in Destination Distillery, a DISCUS tourism initiative, shop for their favorite brands of alcohol...
Shipments of personal computers fell earlier this year amid the economic downturn. That’s according to a report issued Sunday (April 9) by market research firm IDC, which found that worldwide personal computer (PC) shipments fell 29% year over year during the first three months of...
Whole Foods is reportedly considering opening commercial kitchens amid rising consumer demand for prepared foods. The Amazon-owned grocer would launch these kitchens to make meals for its food bars and refrigerated cases, The Wall Street Journal reported Sunday (April 9), citing people familiar with the...
As robotics and drones get added to the tech roadmaps of retailers of every stripe, the fact remains: it’s hard creating commercial robots and autonomous vehicles, as several programs fall behind their hype, still with limited operations in rural test areas. To operationalize at scale,...
It is an understatement to say that Amazon and Walmart have a strong presence in the U.S. retail shopping space; the two giants dominate the industry and define the market, albeit in distinct spheres. Amazon remains the undisputable king of eCommerce, capturing 53% of retail...
