News

B2B Payments
Bloomreach Adds Group Merchandising to B2B eCommerce Search Solution
September 27, 2023

Bloomreach has enhanced its eCommerce search solution with group merchandising and other new features that specifically cater to B2B merchandisers. 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...

Investments
Revio Raises $5.2 Million to Grow Africa-Focused Payments Orchestration Platform
September 27, 2023

Revio, a payment orchestration platform, secured $5.2 million in a seed round to tackle the challenges and opportunities in the African payment ecosystem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
From Bulk Bargains to Inventory Insight: How Costco Wins Hearts and Wallets 
September 27, 2023

Costco has built its reputation on value-based bulk deals, and it’s an offering that keeps shoppers flocking to its stores.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
ASOS Sales Forecast: Summer Showers Dampen Revenue 
September 27, 2023

Weather can exert an influence on consumer purchasing choices, a phenomenon vividly illustrated by the advisory released by the online fashion giant ASOS in relation to its recent financial performance.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Target to Shutter 9 Stores Due to Retail Theft Wave
September 27, 2023

Target is blaming an apparent wave of shoplifting for the closure of nine of its stores. 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...

Retail
Figure Out Your DNA: Kulfi Beauty Founder’s Secret to Engagement
September 27, 2023

Just because you’ve been given the opportunity to grace your products on the shelves of Sephora doesn’t mean your brand will be successful. Take it from brands like Item Beauty and Selfless by Hyram, two brands founded by TikTok stars Addison Rae and Hyram Yarbro,...

IPO
Instacart Stock Closes Below IPO Price Week After Public Debut
September 26, 2023

Instacart’s stock closed below its initial public offering (IPO) pricing for the first time on Tuesday (Sept. 26), a week after its public debut. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Wells Fargo, Centerbridge Collaborate to Provide Loans for Middle Market Firms
September 26, 2023

Wells Fargo and Centerbridge Partners have announced a partnership to provide direct lending solutions to non-sponsor North American middle-market companies. 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...

Retail
Kroger Takes on Walmart With Eyes on Supercenter
September 26, 2023

Kroger is reportedly looking to compete with Walmart, getting into general merchandise with a superstore format. 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...