In a significant development for the cannabis industry, U.S. health officials have recommended easing restrictions on cannabis and reclassifying it as a Schedule III drug under the Controlled Substances Act. The move could open the door to more cohesive payments systems in the sector. Currently,...
Australian CFD broker GO Markets has teamed with Currencycloud to streamline and automate client transactions. The partnership, announced Wednesday (Aug. 30), will see GO Markets employ Currencycloud’s multicurrency payment solutions to help clients enjoy “real-time, API-driven competitive” foreign exchange (FX) rates. “By integrating Currencycloud’s APIs,...
As more consumers seek out the quick convenience of online grocery, merchants are turning to the pickup channel to meet this demand without bearing the high cost of delivery. Take, for instance, Netherlands-based multinational grocer Ahold Delhaize, which shared on its second-quarter 2023 earnings call that the company’s...
For the third time this month, Carvana is expanding its same-day delivery program. The online car seller announced in a news release Thursday (Aug. 30) that it would begin offering that service to select customers in North Carolina. “When we launched vehicle delivery in Charlotte almost 10 years ago,...
Walmart has announced new fulfillment options and an expansion to Chile for the third-party sellers on its marketplace platform. These new services were announced in conjunction with the retail giant’s first-ever summit dedicated to Walmart Marketplace and its third-party sellers, Manish Joneja, senior vice president...
Goldman Sachs’ sale of its FinTech lender, GreenSky, is reportedly close to being a done deal. As reported this week, the company is, per Bloomberg, drawing interest from the private equity realm – and within the FinTech arena itself. Among the bidders reportedly in the running: Apollo Global...
While true coffee aficionados may know exactly what they are looking for on eCommerce platforms, Talitha Coffee notes, the average consumer may find the range of options confusing, and by being more hands-on, brands can help ease the pathway to purchase. The mission-focused brand recently...
e.l.f. Beauty announced it has entered a definitive agreement to acquire skin care brand Naturium. The deal, valued at $355 million, is expected to double e.l.f. Beauty’s presence in the skin care market to approximately 18% of retail sales, the company said in a Tuesday (Aug. 29) press...
Big Lots is hoping holiday décor will put consumers in a shopping mood. The discount retailer, while announcing its second-quarter earnings Tuesday (Aug. 29), acknowledged that persistent inflation has negatively impacted its financial performance, leading consumers to cut back on discretionary spending. Earlier this month,...
