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,...
Quiet luxury is the epitome of exclusivity, transcending ostentatious displays of wealth, and that’s a realm Brunello Cucinelli is determined to stay in. “Exclusivity and rarity will allow a company to last a century. It’s not easy, but this is what we believe in,” said...
How do we decide whether a piece of text was created by a human, artificial intelligence (AI) or a combination of the two? Some studies find that more than half of individuals cannot accurately identify content made by AI chatbots. That percentage jumps to 66%...
Consumer search and shopping habits have transformed over time. With platforms ranging from Google and Pinterest to TikTok — according to Google’s own data, nearly 40% of Gen Z consumers use TikTok and Instagram for search instead of Google — individuals now have a variety...
J.P. Morgan Chase & Co. has boosted its stake in Brazilian digital bank C6 Bank from 40% to 46%. The financial terms of the deal were not disclosed, Reuters reported Tuesday (Aug. 29), citing a statement released by the banks. This expanded investment comes after J.P. Morgan initially bought...