News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Thoma Bravo Closes $2.4B Acquisition Deal for Ping Identity 

Thoma Bravo Closes $2.4B Acquisition Deal for Ping Identity 
Thoma Bravo Closes $2.4B Acquisition Deal for Ping Identity 
August 04, 2022  |  Acquisitions

Private equity firm Thoma Bravo is acquiring identity security platform Ping Identity for approximately $2.4 billion, expanding further into the cybersecurity sector following the purchases...

READ MORE >
Chewy Expands Wellness Offerings With Pet Insurance
Chewy Expands Wellness Offerings With Pet Insurance
August 04, 2022  |  Insurance

Online pet product retailer Chewy has expanded its pet health offerings with a suite of insurance and wellness plans for pets. Get the Full Story...

READ MORE >
Plastiq’s SPAC Deal Brings SMB’s Digital B2B Payments Shift to Wall Street
Plastiq’s SPAC Deal Brings SMB’s Digital B2B Payments Shift to Wall Street
August 04, 2022  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Walmart Layoffs Reflect Its Digital Evolution More Than Fresh Economic Insight
Walmart Layoffs Reflect Its Digital Evolution More Than Fresh Economic Insight
August 04, 2022  |  Retail

It is never a good sign when the nation’s largest private employer says it’s cutting jobs at headquarters, especially in an economic environment — and...

READ MORE >
Shopify’s New Text-to-Buy Option Marks Rise of ‘Anywhere Commerce’
Shopify’s New Text-to-Buy Option Marks Rise of ‘Anywhere Commerce’
August 04, 2022  |  Omnicommerce

We’ve learned more about how to sell anywhere under any conditions in the past two years than in the prior 20, and more of that...

READ MORE >
YETI Lowers FY22 Forecast Despite Q2 Revenue Growth
YETI Lowers FY22 Forecast Despite Q2 Revenue Growth
August 04, 2022  |  Retail

YETI’s stock price was down almost 20% in early trading Thursday (Aug. 4) after the company reduced its fiscal 2022 forecast, despite seeing revenue growth...

READ MORE >
Wayfair Customer Numbers, Deliveries Fall Sharply
Wayfair Customer Numbers, Deliveries Fall Sharply
August 04, 2022  |  Retail

Home goods eCommerce marketplace Wayfair lost about 25% of its customers in the past year and saw its deliveries drop almost 30% in the second...

READ MORE >
CommerceIQ Launches Solution to Automate Recovery of Shortages, Chargebacks
CommerceIQ Launches Solution to Automate Recovery of Shortages, Chargebacks
August 04, 2022  |  eCommerce

CommerceIQ has added Revenue Recovery Automation software to its Retail Ecommerce Management Platform, enabling brands to automate recovery of shortages and chargeback deductions from their...

READ MORE >
Travel Platform HRS Buys German Expense Management Firm Paypense
Travel Platform HRS Buys German Expense Management Firm Paypense
August 04, 2022  |  Payment Methods

Corporate travel platform HRS has acquired German expense management firm Paypense, a move the company said will enhance its suite of corporate payment products. Get...

READ MORE >