Social shopping is the newest hot trend fueled by the pandemic, as new startups are emerging and established brands such as Macy’s are catching up to capture this area. In retail technology, Yotpo is helping brands capture the digital shift by making a compressed marketing stack for online shopping. And in payment...
Burberry has created a “mini program” with Tencent that provides exclusive content and tailored experiences that can be unlocked on WeChat, at a time when China has millions of mini-communities on the social media platform. And in small business, a sizable share of SMBs have tapped their personal financial lifelines, including credit...
COVID-19 and the ensuing economic downturn has caused B2B payment challenges to reach a new level. Vendors that once saw late buyer payments as unavoidable now risk going out of business if their clients don’t speed up the pace of payments. And in retail, Amazon’s earnings were off the charts...
The digital shift has been more seismic than subtle for companies such as logistics firm Shipt, which has seen a massive business spike even in the context of the pandemic. And in next-gen payments, companies and workers are seeking quicker and more flexible payroll solutions, particularly in a time of...
eBay’s CEO outlined his vision for growth in its Q2 earnings call, as the company benefited from the pandemic-driven digital shift. Shopify also reported earnings that reflected the expanding digital shift for consumers, with the company noting a rise in the number of stores on its platform and consumer spending at...
Debit cards can offer quick aid to recipients who are not able to receive funds through direct deposit, while allowing them to access funds without encountering the charges usually associated with cashing checks. In quick-service restaurants (QSRs), pizza sales are going through the roof, and pizza chain hiring...
Some part of the response to the COVID-19 pandemic was pretty easily anticipated early on. We all could have guessed that consumers would go digital in response to the physical world being more or less shut down for several months. The fact that the shellfish industry would see...
Online marketplaces have been essential for companies and consumers who want to transact under stay-at-home mandates, but these platforms need formidable security approaches in place to prevent fraudulent sellers from joining or scams from occurring. And in retail, digital innovation is mitigating COVID-19 impacts for dining establishments, while Walmart and Amazon are...
Misfits Market has transformed “rescued” produce into a quickly expanding digital grocery platform. Its growth has been so successful prior to and during the pandemic that it has brought in new funding to grow its unique subscription box model. And in the buy now, pay later (BNPL) arena, flexible in-store payment plans that...
