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Square Capital Pulls eBay Into SMB Lending Space

PYMNTS

When eBay announced that it would be accepting Apple Pay , it wasn’t the only new development for the online marketplace. Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. Square Capital is likely to see a significant boost to its financing volumes.

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Today In Retail: Birkenstock Might Sell To CVC; Cognira Releases AI Suite For Retail

PYMNTS

In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Plus, Jennifer Lopez is depending on Flowcode for marketing of her new JLo Beauty brand. Birkenstock Discusses Potential Sale With CVC Capital Partners.

Retail 239
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India’s Nascent Pet Care Industry Gets Its First Online Retailer

PYMNTS

The current online market has no single leader and is split up between Walmart ’s Flipkart , Amazon.in Petpal was officially launched in 2015 and offers more than 1,000 products to some 50,000 users primarily located in the country’s three most affluent cities. and the 10-year-old PetsWorld platform. Launch Then Grow.

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New Clearbanc Program Protects Online Merchants’ Inventory

PYMNTS

Since an increasing amount of BFCM shopping is comprised of online orders, Clearbanc said it’s important for eCommerce brands “to front-load inventory sourcing for the holiday season.”. Founded in 2015 by Michele Romanow, Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearbanc is headquartered in Toronto, Canada.

Online 105
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Clearbanc Offers Inventory Protection For Online Merchants As Tariffs Approach

PYMNTS

Since an increasing amount of BFCM shopping is comprised of online orders, Clearbanc said it’s important for eCommerce brands “to front-load inventory sourcing for the holiday season.”. Founded in 2015 by Michele Romanow, Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearbanc is headquartered in Toronto, Canada.

Online 106
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How An Online Automotive Deal Is Fueling A Retail Trend

PYMNTS

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. According to the report , the deal comes as Carro raised some $30 million in fresh capital. Online Auto Sales. The deal is not the only recent news involving the online retail sales of automobiles.

Online 112
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Frugal Consumers Buying More Off-Brand, Off-Price Products

PYMNTS

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

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