Marketplace news and trends

StockX Steps Up Its Game With an Immersive In-Store Buying Experience 
Retail // September 29, 2023

Back in May, PYMNTS reported that Foot Locker was planning to utilize concept stores as experimental venues for exploring localization efforts aimed at establishing stronger customer connections. Today, StockX, the resale marketplace renowned for its substantial online sales of sneakers, apparel and collectibles, is taking...

US Bank Debuts Online Treasury Solution/Payment Marketplace
Banking // September 21, 2023

U.S. Bank has introduced an online third-party payment/treasury solution marketplace. The bank’s Connected Partnership Network, announced Thursday (Sept. 21), helps corporate treasury teams easily identify and adopt technology connected with the bank, such as treasury management systems and working capital automation tools.  “Businesses are increasingly...

Wag! CEO: We Want to Be the ‘Pup’ Button on Your Phone
Mobile Commerce // August 28, 2023

Everyone and their sibling seems to have a pet right now. Look outside on a sunny day in a big city and you are likely to see more furry friends than actual people. “I think something like one in five people adopted a pet during...

H&M, Shein Explore New Retail Model With Third-Party Brands
Retail // July 03, 2023

The announcement that H&M and Shein are diversifying their offerings through third-party assistance (brand incorporation or sellers) isn’t unusual because now when a consumer shops on Shein they can find a house appliance to go hand in hand with their summer crop top (It’s not...

Interviews & Exclusives
Wag! CEO: We Want to Be the ‘Pup’ Button on Your Phone

August 28, 2023
Everyone and their sibling seems to have a pet right now. Look outside on a sunny day in a big city and you are likely to see more furry friends than actual people. “I think something like one in five people adopted a pet during the pandemic. And eighty-five plus million households have a dog […]

H&M, Shein Explore New Retail Model With Third-Party Brands

July 03, 2023
The announcement that H&M and Shein are diversifying their offerings through third-party assistance (brand incorporation or sellers) isn’t unusual because now when a consumer shops on Shein they can find...

B2B Fashion Marketplace Adds Payments To Meet Industry Changes

June 24, 2021
Back before the digital-first economy became a primary force, brick-and-mortar retailers staked their claim to the curious customer on their windows. In fact, as global retail consultant Debra Templar famously...

Livestreamed Commerce Goes Glam(hive)

July 14, 2020
Livestreaming eCommerce is finally picking up steam in the U.S., care of an evolving business model from a three-year-old startup called Glamhive. The company has hosted two events so far,...

Quick Reads
US Bank Debuts Online Treasury Solution/Payment Marketplace

September 21, 2023
U.S. Bank has introduced an online third-party payment/treasury solution marketplace. The bank’s Connected Partnership Network, announced Thursday (Sept. 21), helps corporate treasury teams easily identify and adopt technology connected with the bank, such as treasury management systems and working capital automation tools.  “Businesses are increasingly looking for ways to gain efficiency and streamline their processes,” […]

Report: Shein Eyes Martketplace Model to Add Product and Attract Customers

December 12, 2022
Fast fashion firm Shein is reportedly considering the shift to a marketplace-style platform. The firm’s potential move to becoming a marketplace platform would allow other retailers to sell its products...

Teampay Nets $47M for Purchasing Platform Expansion

November 30, 2022
All-in-one purchasing platform Teampay has raised $47 million in a Series B funding round.  The firm will leverage the new capital to expand the accounts payable (AP) solution and cross-border payments functionality...

FinTech Adyen Debuts Embedded Financial Tools in US and Europe

October 23, 2022
Dutch FinTech Adyen has launched two new embedded finance products for platform and marketplace businesses in Europe and the U.S. According to a Sunday (Oct. 23) news release, the products...