As Target continues its rollout of sortation centers, the retailer is learning that these facilities allow it to serve more customers, faster. The sortation centers are designed to save time and space for store teams by removing the sorting and packing process from store backrooms. They’re also...
At first glance the latest open banking stats coming out of the U.K. might hint at a seismic shift in payments across the pond. And would signal that open banking might be a proverbial slam dunk in the U.S. But dig a little deeper and...
Zilch is reportedly exploring options for an initial public offering (IPO), with the London Stock Exchange (LSE) being a potential listing venue. According to CEO Philip Belamant, the buy now, pay later (BNPL) firm has been in talks with officials from various stock exchanges, including the LSE,...
With consumers’ restaurant aggregator orders becoming routine, homemade meal delivery app Cookin seeks to bring discovery back into the experience, adding a personal touch. The app, which delivers meals from professional home cooks, launched in Toronto last year and came to the United States with its entry into Dallas,...
Despite Walmart’s better-than-expected earnings results, Reuters reported earlier this week that the mega-retailer is asking 16,000 pharmacists nationwide to voluntarily cut hours in an effort to conserve margins. According to the article, possible offers range from reducing an 80-hour two-week work period to 64 or...
Summer’s fading, August ends, and only a few earnings reports marked the headlines this past week for the FinTech IPO Index. But two were enough to mark some outsized gains — double-digit rallies — that wound up propelling the FinTech IPO Index 6.4% higher through...
New York-based eCommerce company Benitago has reportedly filed for bankruptcy. The firm is seeking protection from creditors two years after raising $325 million in funding, The Wall Street Journal (WSJ) reported Thursday (Aug. 31). It listed both assets and liabilities of between $50 million and $100 million. Benitago did...
Whitney Wolfe Herd, the founder and CEO of dating app Bumble, said artificial intelligence (AI) has the potential to transform the dating landscape and address the loneliness epidemic in America. Many single adults in the United States struggle with dating due to a lack of flirting...
This week in grocery, Weis Markets and The Fresh Market leverage contextual commerce to drive loyalty and engagement, Dollar General looks to expand its produce selection, and Target expands its private-label food selection. Weis Markets, a grocery chain with nearly 200 East Coast locations, is...
