News

IPO
Cava’s $318 Million IPO Haul Shows Industry’s Turn Toward Fast-Casual
June 15, 2023

Cava’s blockbuster initial public offering (IPO) comes as restaurant customers look to strike a balance between convenience and quality — the sweet spot for the fast-casual segment. The Mediterranean fast-casual brand shared in a news release Wednesday (June 14) that it brought in about $318...

Partnerships / Acquisitions
Report: Zepz Seeks M&A Targets After 26% Layoffs
June 15, 2023

Money transfer FinTech Zepz is reportedly looking to add to its business portfolio. The company, which owns remittances firms WorldRemit and Sendwave, is looking for merger and acquisition targets in a bid to capture a greater portion of the global payments market, CEO Mark Lenhard...

Retail
Can Exclusive 48-Hour Product Preview Access Save J.Crew? 
June 15, 2023

J.Crew once had a chokehold on a cohort of consumers who seemingly loved the preppy vibe along with brands like Abercrombie & Fitch and Hollister Co. Today, the flame as faded out as J.Crew’s product assortment no longer seems to resonate with consumers, reflected in...

Retail
Charlotte Tilbury Goes Mobile With AI
June 15, 2023

Ordering the right color foundation online can be hard, especially when you don’t know your shade to begin with — an issue makeup lovers know all too well. Namesake beauty brand Charlotte Tilbury is looking to tackle this challenge (and more) by introducing a mobile...

Retail
Walmart Adds NBCUniversal to Stable of Omnichannel Partners
June 15, 2023

Walmart and NBCUniversal have teamed to test retail media-powered ads within live sports streaming. “This will mark the first time NBCUniversal’s live sports streaming inventory will be available through a retail media network – just in time for this autumn’s prime sports seasons and holiday...

IPO
CAB Payments Sees ‘Significant’ IPO Interest Despite Rocky UK Market
June 15, 2023

CAB Payments Holdings has confirmed its plans to go public on the London Stock Exchange. The payments services/foreign exchange company had first announced plans for an initial public offering last week, and restated those intentions Thursday (June 15). “Following significant interest in CAB Payments, the...

Regulation
AI Regulation: How Could It Impact Everyday Life for Consumers and Businesses
June 15, 2023

By Danni Yu & Benjamin Cedric Larsen Different AI regulatory regimes are currently emerging across Europe, the United States, China, and elsewhere. But what do these new regulatory regimes mean for companies and their adoption of self-regulatory and compliance-based tools and practices? This article outlines how...

Payments Innovation
How Payments Vaults Can Improve the Bottom Line
June 15, 2023

Credit card vaults are essential to payment card industry (PCI) compliance. Vaults can do more than secure sensitive data to meet regulatory requirements. A recent survey showed that of the nearly 70% of online carts that shoppers abandon, 18% are because they do not trust...

Retail
LVMH Partners With Epic Games to Unleash Immersive Experiences
June 14, 2023

LVMH Moët Hennessy Louis Vuitton has forged a partnership with the creators of Fortnite, Epic Games, to launch immersive experiences for customers within the virtual world.   Through the collaboration, LVMH is looking to enhance its design pipeline by integrating advanced 3D technology and capitalizing on the...