Onramp is now offering financing solutions to eCommerce sellers on Walmart Marketplace. The eCommerce lending platform’s integration with the marketplace enables it to offer growth capital funding to sellers with repayment terms that align with their online sales, Onramp said in a Monday (June 26)...
Retail platform Leap has raised $15 million to help brands better manage their retail operations. The company announced the new funding last week, saying it would help Leap enhance its platform and speed up its journey to profitability. “Now more than ever, brands want immersive retail stores to connect...
Brands, retailers, and solution providers are increasingly focusing on loyalty programs to not only encourage repeat purchases but also gather valuable, first-party data. However, it remains crucial to determine whether these opportunities effectively resonate with customers. Also, it is important to assess whether loyalty programs...
Despite it being a ghost town in IPOville, Oddity, a beauty and technology company responsible for managing brands like Il Makiage and Spoiled Child, has submitted its application to become a publicly traded company. The decision is noteworthy not only because initial public offerings (IPOs)...
Amazon is reportedly planning to recruit small businesses to boost its last-mile delivery efforts. The project — happening in 23 states — will involve a range of small businesses, including clothing stores, florists and bodegas, Axios reported Monday (June 26). Beryl Tomay, vice president of...
Loyalty is about knowing and rewarding customers, and the more intimate the purchase, the more you need to know about personalization. Speaking with PYMNTS for the “Summer Loyalty Series” sponsored by Banyan, Eugen Neiculescu, chief experience officer at direct-to-consumer (D2C) lingerie brand Adore Me, said...
Retailers are facing a new breed of scammers using bomb threats to achieve their goals. As The Wall Street Journal (WSJ) reported Sunday (June 25), these criminals are targeting chains like Kroger, Walmart and Whole Foods, in some cases demanding money gift cards or bitcoin and threatening to set off bombs...
Rising interest rates and a recent banking crisis could lead more lenders to merge this year. That’s according to U.S. Treasury Secretary Janet Yellen, who made that forecast in a Friday (June 23) Wall Street Journal (WSJ) interview looking at the state of the banking...
Deposits at U.S. banks rose last week but remain below where they were in March. The deposits rose to $17.22 trillion in the week ended June 14, up from $17.20 trillion a week earlier, the Federal Reserve reported Friday (June 23). The $17.6 billion week-over-week increase showed...
