News

Retail
As Sales Grow, Tractor Supply, Visa Try to Woo Constrained Consumers
October 20, 2022

Rural lifestyle retailer Tractor Supply Co. said it will introduce a Visa credit card in the coming weeks in an effort to help customers feeling the pinch of inflation. The company made the announcement on its earnings report Thursday (Oct. 20), as it reported its...

Retail
Dan-O’s Rides ‘Rocket Ship’ From Flea Market to Walmart in 5 Years
October 20, 2022

When Dan Oliver says “Yum yum, get ya some” these days it makes a big splash. That’s because the signature social media sign-off of  the founder of Dan-O’s Seasoning is now seen by nearly 3 million followers on TikTok, plus several million more on Facebook, Instagram,...

Retail
Hermes to Boost Prices Amid Continued Luxury Resilience
October 20, 2022

Luxury brand Hermes said it plans to raise prices next year, after reporting what it called “very good sales momentum” Thursday (Oct. 20) and continued buying power among affluent consumers in the face of rampant inflation. Hermes Executive Vice President of Finance Eric du Halgouet...

Retail
Amazon Ramps Lawsuits Against Fake Review Sites
October 20, 2022

Amazon has filed a host of legal challenges — including one criminal complaint — in its ongoing effort to stop fake review brokers. The company said it had filed its first criminal complaint in Italy and first civil case in Spain against the review sites,...

Regulation
TechReg Weekly: EU, UAE Regulators Eye Data Protection Reform to Boost Innovation
October 20, 2022

Among the many ways digital technologies have shaped the way the world does business, the enhanced ability to collect and monetize customer data has been one of the most significant. While data protection laws such as the EU’s General Data Protection Regulation (GDPR) are widely...

Investments
Banyan Raises $43M to Grow Its SKU Data Network
October 20, 2022

Stock keeping unit (SKU)-level receipt data infrastructure startup Banyan raised $43 million to scale its technology and infrastructure to advance its network that enables retailers, banks and FinTechs to leverage item-level enriched data capabilities. The Series A round, a combination of equity and venture debt,...

Ridesharing
Uber Piloting Back-of-Seat Ads on Tablets in Latest Revenue Push
October 20, 2022

Uber is piloting a new advertising model in California and will display ads on tablets attached to the back of seats as part of the rideshare and delivery company’s latest push to drive revenue. The newly unified advertising division led by Dr. Mark Grether, General...

B2B Payments
Digital Payments Pave the Way for Drivers Who Haul Asphalt by the Truckload
October 20, 2022

There maybe only one driver, but it takes a lot of people to move an 80,000-pound truck loaded with concrete, scrap metal and other materials from a producer to a construction site — and a lot of information too —  90% of which is being transmitted...

B2B Payments
The Rise of the Digital Workplace — on Wheels
October 19, 2022

As fleet operators aim to gain the many benefits of transitioning to connected vehicles, nearly half of the vehicles in corporate fleets are expected to be connected vehicles by 2025. That’s a substantial gain from today when one-third of companies with fleets report that only...