Many gamers are open to making purchases while they explore their favorite virtual worlds, and retailers are seizing on the opportunity. Most recently, Walmart launched a store within the world of Roblox Monday (April 29) where consumers can buy virtual items and have the real product shipped to them, Digiday reported. “We are excited to...
Apple has reportedly hired away dozens of artificial intelligence experts from Google. That’s according to a Tuesday (April 30) report by the Financial Times (FT), which analyzed hundreds of LinkedIn profiles, along with job postings and research papers. The analysis showed a hiring spree by the tech giant to expand its...
Rite Aid has expanded its partnership with Uber Eats to include alcohol delivery in eight states. With this expansion, the pharmacy chain and the on-demand app now offer delivery of alcohol from nearly 1,000 Rite Aid stores in California, Idaho, Michigan, New York, Ohio, Oregon, Virginia and Washington, the companies...
Swap has raised $9 million in a Series A round to launch its global eCommerce platform designed to facilitate cross-border shipments. The new Swap Global will enable the company to help direct-to-consumer (DTC) brands unlock new markets with delivered duty paid (DDP) shipping, automated tax remittance and express...
Walmart is expanding its private-label offerings with the debut of “chef-inspired” food brand bettergoods. Announced Tuesday (April 30), bettergoods represents Walmart’s largest private-brand food rollout in two decades, the company said in a news release. It’s happening as a number of other retailers delve deeper into the world...
Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance of the cards, the latest in its long-term project to move away from consumer lending, the Wall Street Journal (WSJ)...
The financial services industry tends to think at opposite ends of the spectrum when it comes to business customers. Solutions providers, banks and credit card companies tend to pay a lot of attention to small business, as they do during the current Small Business Week (April 28 –...
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...
