While apparel retailers are increasingly making forays into branded resale, creeping behind is footwear. Recently, Toms Shoes launched its resale initiative in partnership with thredUP and Sam Edelman in partnership with Archive, indicating that consumers are willing to not only resell items across more categories...
Brands face a conundrum when it comes to boosting top lines. While they ideally want to grow their customer bases, it can be more expensive to find a new customer than to retain an existing one — and grow their loyalty. Brendan Grove, chief technology...
Generative artificial intelligence (AI) solutions are set to produce new efficiencies across the business landscape. While the technology is having an ongoing pop culture moment as text and video generation continue to make headlines alongside fears of misuse and disruption of education, there exist exciting...
Barclays and TransferMate are collaborating on a new international receivables solution for U.K. businesses. By leveraging TransferMate’s global payments infrastructure, the new solution will allow Barclays clients operating in British pounds (GBP) to invoice their customers in more than 60 currencies and 67 countries and...
Tech companies have determined that the United Kingdom is not the place to launch their initial public offerings. This observation follows the decision of British semiconductor designer Arm to list in New York, CNBC reported Monday (May 8). The report attributed tech companies’ wariness about listing...
The coronation has come and gone, and digital wallets and contactless cards continue to dominate the U.K. retail space. How will Brits pay for coronation swag and other retail items and groceries the next time they head to stores? Questions of payments preference were analyzed...
In today’s fast-paced world, where capital is king, money needs to move faster than ever. This is particularly true across business-to-business (B2B) transactions, where the way that organizations get paid, and when those transactions are settled, is crucial not just to growth today, but success...
As grocers compete for consumers’ loyalty amid inflation, Walmart is reportedly absorbing price increases while its competitors pass them on to consumers. According to Reuters, analytics firm Dataweave looked at nearly 600 products from national brands across grocery categories, noting that, between January 2022 and...
Standard Chartered and Tazapay are now facilitating B2B cross-border payments for eCommerce merchants and marketplaces. The companies’ expanded partnership brings together Standard Chartered’s capabilities as an international banking group and Tazapay’s global payments platform, the companies said in a Monday (May 8) press release. “Tazapay...
