News

Delivery
H-E-B Joins Grocers Bringing Delivery In-House to Boost eCommerce Margins
June 23, 2023

This week in grocery, H-E-B expands its direct delivery capabilities, Albertsons looks to win in retail media, and grocers in the United Kingdom see inflation three times larger than in the United States. Texan grocer H-E-B, which has more than 400 stores in its home state and Mexico, announced...

B2B Payments
New B2B Tech Reshapes Buyer-Supplier Dynamics While Unlocking Working Capital
June 23, 2023

Need a penny, take a penny has never quite flown in the B2B world. Now, contemporary buyer-supplier dynamics are being continually reshaped against the backdrop of today’s hostile operating environment. In addition to yearslong inflation and rising interest rates, organizations find themselves facing changing demand,...

Biometrics
Steak ‘n Shake Partners With PopPay as More Restaurants Try Biometric Payments
June 23, 2023

As restaurants look to meet consumers’ demand for quick, convenient payments with stored credentials — and to gather more consumer data in in-store transactions — more brands are trying out biometric payments. Casual dining chain Steak ‘n Shake is the latest to test the technology. The restaurant...

Retail
Coronation Drives Unexpected Boost in UK Retail Sales Volumes
June 23, 2023

The holiday celebrating the coronation of King Charles III contributed to an unexpected rise in British retail sales. The country’s retail sales volumes rose 0.3% in May, a pace that was slower than the 0.5% seen in April but faster than the decline of 0.2% that had...

Retail
Can a Celebrity Florist Bring Life to Faux Florals and Williams-Sonoma?
June 23, 2023

Jeff Leatham is a renowned floral designer for celebrities, with clients like Oprah Winfrey, Cher and the Kardashian family. With such high-profile individuals seeking his services, it comes as no surprise that his expertise is expensive. On his website, you can buy a bouquet of white...

Retail
Coach Takes Immersive Retail to New Heights With Coach Airways
June 23, 2023

While the shopping mall may be dead, the retail store doesn’t have to be. Brands and retailers are actively reconsidering the experiences they offer, aiming to capture and retain customers who prefer in-store shopping with memorable experiences for shoppers. And that approach includes immersion.   In...

Retail
Walmart Brings New Ammunition in Prime Day Battle With Amazon
June 23, 2023

Last year, Amazon was the clear winner during the dueling events. Will it keep the crown, considering Walmart’s changes? The next battle in the ongoing war between the world’s top two retailers is shaping up next month. Starting July 10, conspicuously just before Amazon’s famed...

Payment Methods
Merchants View Pay by Bank Options as Opening for Personalized Payments
June 23, 2023

Money movement is moving into the future across new payment rails. That’s why, if the transition from paper cash to electronic money ever feels to you as though it is happening exceedingly fast — it is. And if money movement today feels like it’s happening...

IPO
 FinTech IPO Index Slips 2.7% Despite nCino’s Surge on Deal Rumors 
June 23, 2023

Even some skyrocketing performers — up double digits — were not enough to boost the FinTech IPO Index. The pantheon lost 2.7%, despite rumors of deal-making, despite economic data that showed a surprising resilience in consumer spending. Rallies proved short-lived, as Fed chairman Jerome Powell...