News

eCommerce
D2C Brands Win With High-Income Shoppers
January 30, 2024

As direct-to-consumer brands look to drive customer acquisition, high earners are their best customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Investments
ZeroQs Secures $496,000 to Expand Smart Shopping Cart Tech
January 30, 2024

Warsaw-based retail startup ZeroQs has reportedly secured 457,000 euros (about $496,000) in funding from Freya Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Artificial Intelligence
Too Good to Go: AI Stops Food Waste From Eating Into Grocers’ Margins
January 30, 2024

As grocers increasingly turn to artificial intelligence to boost efficiency, Too Good to Go’s new platform aims to improve food management, boosting grocers’ profit margins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Walmart Aims to Provide Guiding Light to Wandering Shoppers
January 30, 2024

Lost in the supermarket? Walmart says it has a solution. Look for the blinking light. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Retail
H&M Refines Retail Strategy, Taking Cues From Retailers for a Localized Edge 
January 30, 2024

H&M announced on Friday (Jan. 26) its plan to close down more than 20% of its stores in Spain and lay off up to 588 employees. The company cited unspecified organizational, productive and economic reasons. The move comes in response to competition from Inditex, owner of...

Delivery
Delivery Hero Sells $97 Million Stake in Deliveroo
January 30, 2024

Delivery Hero has sold its 4.5% stake in British food ordering platform Deliveroo. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Investments
Tech Investors Stockpile Record $311 Billion in ‘Dry Powder’
January 30, 2024

Venture capitalists (VCs) reportedly have $311 billion in unspent cash as tech funding cools. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Artificial Intelligence
The 4 Easy Wins GenAI Brings to the Payments Sector
January 30, 2024

The ability to scale is what qualifies an innovation as such. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Retail
AWS: Retailers and Brands Partner With Platforms to Drive Innovation
January 30, 2024

As we finish the first month of the new year, more and more businesses are putting 2023 innovations into action and hoping to see results.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...