Merchant Innovation

Merchant Innovation
‘Games As Service’ Platform Raises $2.5M
August 21, 2014

PlayFab, which makes a dashboard that lets online game makers track how much players are spending in their games, has raised $2.5 million in seed funding, the company said on Tuesday (Aug. 19). Get the Full Story Complete the form to unlock this article and...

Merchant Innovation
Merged Channel Strategies Continue To Boost Macy’s Results
August 21, 2014

The retail world is changing and Macy’s is transforming with it according to reporting in Retail Information System News.  The retail giant putting its money where its intentions are, and throwing its $1billion-plus annual CapEx budget to building their infrastructure to fulfill a variety of...

Alternative Finances
What’s In Your Inventory?
August 21, 2014

Today’s consumers have lots of expectations, and merchants increasingly must address them to stay competitive. Manhattan Associates’ recent acquisition of GlobalBay from VeriFone illustrated the urgency to react to these market changes, which reflect the growing need for omnichannel and “clienteling” support. What a business...

Merchant Innovation
Amazon’s Fire Phone Has Slow Start
August 21, 2014

Amazon’s Fire smartphone appears to be off to a slow start, according to one analyst that tracks activity growth using ad impressions — and the cause may be the fact that the Fire is only available from AT&T, C/Net reported. Get the Full Story Complete...

Merchant Innovation
Wells Fargo Launches FinTech Accelerator
August 21, 2014

Wells Fargo plans to invest in technology startups focused on payments, fraud and bank operations, and will run a boot camp for up to 20 startups this year. The accelerator program will offer both mentoring and equity investments ranging from $50,000 to $500,000, the bank...

Hmmm
Are The Retailer Blues Over?
August 21, 2014

Although some public retail companies this week reported better second-quarter same-store results than others, for varying reasons, the mood among the merchants’ executives was good. Helping drive those feelings are positive economic signs from July that have continued into August, while some, such as Target,...

B2B Payments
Cloud-Based ERP System Puts Shoe Distributor In Step With The Times
August 19, 2014

RT Nash had a problem recently that was costing it money. The enterprise resource planning (ERP) system the company was using was more than it needed and very expensive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Merchant Innovation
Dollar General Ups The Ante for Family Dollar
August 19, 2014

Another bidder has stepped into the ring to scoop up discount merchant Family Dollar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Merchant Innovation
E-Commerce Site Wayfair Eyes IPO (In Alibaba’s Shadow)
August 18, 2014

Wayfair Inc. is gunning for $350 million in its upcoming IPO.  Wayfair’s primary business is as an e-retailer for home furnishings, though it also operates several other e-commerce sites, including the membership-based Joss & Main. The company began its IPO process with a confidential filing...