Editor’s Picks

Flush With Cash, Chinese Tourists Will Boost Spending in Fashion Capitals
Flush With Cash, Chinese Tourists Will Boost Spending in Fashion Capitals
January 09, 2023  |  Retail

Chinese tourists’ “revenge travel” will benefit high-end brands housed in the luxury capitals of the world. Call it, perhaps, a wave of “destination spending” that...

READ MORE >
D2C Brings Peace of Mind and Payment Plans to Pre-Owned Wedding Dress Market
D2C Brings Peace of Mind and Payment Plans to Pre-Owned Wedding Dress Market
January 09, 2023  |  Retail

For time immemorial the bridal industry in the U.S. has been a white-glove retail experience. It’s a custom service and sizing model business model that’s...

READ MORE >
Grocers to Retreat from Risky Tech Bets Amid Economic Uncertainty
Grocers to Retreat from Risky Tech Bets Amid Economic Uncertainty
January 06, 2023  |  Shopping

With economic challenges requiring a focus on near-term profitability, grocers are rethinking their technology investments. Retail giant Amazon, for one, appears to be reconsidering the costs...

READ MORE >
Walmart Made 6K Drone Deliveries in 2022 as Concept Gains Airspeed
Walmart Made 6K Drone Deliveries in 2022 as Concept Gains Airspeed
January 06, 2023  |  Retail

Walmart is touting an early lead in drone deliveries as the skies begin slowly filling with retail parcels. In a Thursday (Jan. 5) update and...

READ MORE >
Amazon and Walmart Lead Retail Industry Shift to Returns and Results
Amazon and Walmart Lead Retail Industry Shift to Returns and Results
January 06, 2023  |  Retail

While early industry-wide readings on retail sales range from record high to essentially flat if 7% inflation is factored in, fears of a fourth-quarter washout amid a glut of...

READ MORE >
Coinbase $100M Fine Highlights Crypto Industry’s Gaps and US Regulatory Strengths
Coinbase $100M Fine Highlights Crypto Industry’s Gaps and US Regulatory Strengths
January 05, 2023  |  Cryptocurrency

 Recent regulatory action against U.S.-based Coinbase underscores that crypto is reaching a post-FTX inflection point. The pressure is on for the business-as-usual attitude to button...

READ MORE >
Savings Accounts Play Larger Role in Bank vs Neobank Battle
Savings Accounts Play Larger Role in Bank vs Neobank Battle
January 05, 2023  |  Digital-First Banking

Banks risk losing customers to neobanks — and a key battleground may lie with savings accounts.  And in that case, the advantage may go to...

READ MORE >
Retailers Won’t Scrimp on Critical Investments in Payments Systems
Retailers Won’t Scrimp on Critical Investments in Payments Systems
January 05, 2023  |  Retail

Retailers learned hard lessons about modernizing payment processes during the pandemic, and more are now taking steps to upgrade systems to improve in specific areas....

READ MORE >
Federal Crypto Task Force Joins Fight to Find FTX’s Missing Billions
Federal Crypto Task Force Joins Fight to Find FTX’s Missing Billions
January 04, 2023  |  Legal

Federal prosecutors are forming a joint task force to “trace and recover” missing FTX funds. That’s as the exchange’s former CEO and founder, Sam Bankman-Fried,...

READ MORE >