Restaurant food delivery company Grubhub and food and home essentials delivery firm Gopuff have launched a pilot program in which some Gopuff locations are now included on Grubhub’s marketplace. The program — which launched Tuesday (Oct. 4) in six cities — enables Gopuff to reach...
Money transfer service businesses MoneyGram International and Jingle Pay announced a partnership Tuesday (Oct. 4) to enable global money transfers through the Jingle Pay app. Consumers in Jingle Pay’s native market, the United Arab Emirates, can now use the Jingle Pay app to send money...
Meta Platforms has announced a series of new ad formats designed to help advertisers reach their audience based on how they spend their time on the company’s platforms. Among the changes are new Facebook Reels ads and video ecosystem updates, the company said in a...
Bank of America is adding $100 million in low-cost deposits to minority depository institutions (MDIs), doubling its existing $100 million in deposits in MDIs. With these low-cost deposits, MDIs can expand their lending capacity and other banking services in minority and low- to moderate-income communities,...
The European Council has officially approved legislation that aims to ensure a safer and more transparent online environment with greater accountability and protection. The Digital Services Act (DSA), packaged with the Digital Markets Act (DMA), requires transparency from technology platforms as well as accountability in...
As grocers compete to take advantage of consumers’ inflation-driven shift to home dining, many are finding that their private-label offerings are the best tool at their disposal. For instance, Ahold Delhaize-owned, Maryland-based grocery chain Giant Food, which spans 164 stores in Delaware, Maryland and Virginia,...
After months of declines that have seen investors fleeing and crushed valuations, the sudden outside interest of South Korea’s largest eCommerce group in acquiring Poshmark for $1.2 billion has done more to energize the resale platform sector than anything in recent memory. In short, Naver’s...
Tire and wheel retailer Discount Tire has introduced “Pit Pass,” a concept store designed to help customers get serviced faster in a “drive-thru experience.” The new store, based in the Atlanta area, allows consumers to wait in their cars or spend time shopping for tires...
Retail vacancies in the United States dropped to 6.1% in the second quarter, a 15-year low, as Americans continued to resume in-store shopping. Asking rents for shopping center spaces during the quarter were 16% higher than five years ago, The Wall Street Journal (WSJ) reported...
