In the midst of chaos, there is also opportunity. That quote, from Sun Tzu’s “The Art of War,” dates to the fifth century B.C. But it is just as relevant today, as businesses around the globe strive to find and capture opportunities against a backdrop defined by shifting macro...
Nordstrom will roll out a new digital marketplace on its website, Nordstrom.com, along with an enhanced search feature. The marketplace will provide the luxury retailer’s customers with a wider selection of products, brands and sizes, while allowing its brand partners to showcase more of their products, Nordstrom said in a...
When low-income shoppers tap digital channels, they prefer to shop with retailers rather than going straight to brands’ eCommerce shops, trusting stores to offer them the best price. By the Numbers The PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers...
ECommerce solution provider PrestaShop has partnered with Mastercard to offer Click to Pay in Europe. The Click to Pay functionality will be integrated into the PrestaShop platform for merchants based in France, Spain, Italy and the United Kingdom and then extended to other European and...
As resale marketplaces struggle to turn a profit, Vinted appears to have cracked the code, diversifying its platform to bring in revenue from as many parts of the experience as possible. The company, a consumer-to-consumer online fashion resale marketplace in Europe, announced Sunday (April 28) that it achieved its...
Backflip raised $15 million in a Series A funding round to grow its platform for real estate investors. The company’s real estate and FinTech platform is designed to provide funding and tools to the entrepreneurs who flip a collective total of 400,000 houses per year in the United States, Backflip...
Tether, the company behind the stablecoin USDT, has announced a strategic investment in Blackrock Neurotech, a pioneer in brain-computer-interface (BCI) technology. The $200 million investment grants Tether a majority stake in the neurotech firm, Tether said in a Monday (April 29) press release. Blackrock Neurotech, known for...
Consumers are cutting back on nice-to-haves like craft supplies, and even when they do buy these items, they are increasingly choosing retail giants such as Amazon, leaving arts stores in the lurch. Craft retailer Joann announced Thursday (April 25) its emergence from bankruptcy, keeping its stores open, now to operate as...
Business solutions and services company Conduent launched an artificial intelligence-focused agreement with Microsoft. The partnership, announced in a Monday (April 29) press release, will begin by exploring generative AI use for healthcare claims management, customer service and fraud detection. “Generative AI has the power to transform how businesses and organizations...
