PYMNTS

JULY 18, 2018

eBay is gearing up to slash close to 300 jobs in California, with the cuts slated to be completed by July 20. The layoffs come as eBay continues to battle against Amazon in online retailing. RBC Capital Markets estimates Amazon made between $1.5 No affected employee has any bumping rights.”. billion.

California 101

California San Jose San Francisco Retail 101

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Last week, Constellation Brands purchased Empathy Wines , a direct-to-consumer (DTC) eCommerce business that sells wines from California vineyards. It reportedly purchased this digital upstart — one with a reported (and very small) $3.9

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

MAY 7, 2020

As Target eyes boosting its same-day delivery services, the company is negotiating to purchase portions of California startup Deliv Inc., Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. CNBC reported. Macy’s Inc., Mercato Inc.,

Google 177

Google Survey Capital California 177

PYMNTS

APRIL 7, 2017

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised. Back in the U.S.,

social media 109

social media Big Data Capital Data 109

PYMNTS

MAY 2, 2017

For small businesses, expansion is key, and expansion needs capital. The company has said that it is the first bank in Puerto Rico to offer digital services, ranging from business credit cards to working capital loans to SBA loans.

Puerto Rico 118

Puerto Rico Lending Online United States 118

PYMNTS

JULY 28, 2019

Following the state’s new law allowing autonomous vehicles, Palo Alto, California-based Gatik was approved by the Arkansas Highway Commissioner to launch a commercial service with Walmart, Walmart said in a press release. . with California autonomous car startup company Udelv. said in a news release. . said in a news release. . “We

Arkansas 124

Arkansas California Retail Capital 124

PYMNTS

JULY 28, 2019

Following the state’s new law allowing autonomous vehicles, Palo Alto, California-based Gatik was approved by the Arkansas Highway Commissioner to launch a commercial service with Walmart, Walmart said in a press release. . with California autonomous car startup company Udelv. said in a news release. . said in a news release. . “We

Arkansas 123

Arkansas California Retail Capital 123

PYMNTS

SEPTEMBER 17, 2020

Five years after LoanDepot ditched plans to go public, the California-based lender, now worth as much as $15 billion, is giving the idea a second look. We continue to evaluate capital options and are excited about our industry position,” CEO Anthony Hsieh told Bloomberg. is the nation’s largest retail mortgage lender.

San Francisco 160

San Francisco New York Lending California 160

PYMNTS

NOVEMBER 21, 2019

The pre-seed funding was from Peak Venture Capital , which also led the new seed round, along with Album VC and strategic partner Pattern. . Using the Route App, users can visually track and protect online orders as well as resolve issues. Route+ offers retailers an end-to-end post-purchase experience. .

Utah 141

Utah Training California Online 141

PYMNTS

JUNE 29, 2020

Wealthfront , the online investment service firm, has added checking features to its app. The Palo Alto, California startup said the no-fee account is the company’s latest move to build a next-generation banking service that is branchless, automated and optimizes every dollar.

Fintech 151

Fintech California New York ATM 151

PYMNTS

AUGUST 27, 2020

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. 27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. operation in Culver City, California. operation in Culver City, California. “We Bloomberg reported Thursday (Aug.

Los Angeles 144

Los Angeles Branding Arkansas Retail 144

PYMNTS

MAY 3, 2019

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year.

Retail 100

Retail St. Louis San Diego Los Angeles 100

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

PYMNTS

OCTOBER 5, 2020

In conjunction with the Vital Care announcement, the company also introduced the opening of its 100 th in-store veterinary hospital, located in Encinitas, California. The move comes as the owners of Petco are exploring a buyout of the pet retail store that could net as much as $6 billion, according to Bloomberg.

California 248

California Meeting Marketing Retail 248

PYMNTS

OCTOBER 25, 2019

Efforts are afoot to repair the data trust deficit , while online financing promises to gain a new foothold. 1.5B: Recent capital raised by hotel operator OYO. 2020: The year California Consumer Privacy Act takes effect. As mobile-order ahead takes the field, tap-to-pay gains steam.

Payments 100

Payments California Mobile Data 100

PYMNTS

AUGUST 31, 2020

Pre-owned online shopping firm Fashionphile has raised $38.5 The company noted that its retail collaboration with Neiman Marcus has connected the primary and secondary market via its reCommerce system, authentication technology and proprietary pricing formula. million in NewSpring Growth-led Series B funding. and other countries.

System 142

System California Regional Technology 142

PYMNTS

OCTOBER 21, 2019

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” Another one seems ready to bite the dust. The company owns 458 stores in the U.S.,

Trends 101

Trends Retail social media Online 101

PYMNTS

MARCH 30, 2020

In Series B and Series B+ rounds headed up by VMG and XVC, California-based eCommerce grocer Weee notched almost $50 million in financing. Lightspeed Ventures, iFly.vc, Silicon Valley Bank and Goodwater Capital were participants in the investment, Deal Street Asia reported.

Los Angeles 143

Los Angeles San Francisco Sacramento Seattle 143

PYMNTS

OCTOBER 4, 2019

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based million investment round in commercial card startup DiviPay, reports said this week, via the bank’s venture capital unit ANZi. based Steadview Capital, adding to the previous Series A round announced in April.

Capital 128

Capital Lending California Regional 128

PYMNTS

NOVEMBER 19, 2020

Dutch global grocery conglomerate Ahold Delhaize — the firm behind grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect in an attempt to up the level of its digital grocery offerings amid the online shopping surge created by COVID-19. “We Farmstead Picks Up $7.9M

District of Columbia 142

District of Columbia North Carolina Retail Online 142

PYMNTS

NOVEMBER 4, 2019

As the buyer of the luxury retailer brand negotiates with the store’s landlord, Barneys New York’s flagship store on Madison Avenue in Manhattan will stay open for at least another year in a smaller form. Its warehouse stores are located in Central Valley, New York and Livermore, California. Ashkenazy Acquisition Corp.

Los Angeles 101

Los Angeles New York San Francisco New York City 101

PYMNTS

JANUARY 18, 2019

Investors at Mandra Capital led a $16 million Series A funding round for the firm in support of its blockchain supply chain solutions, while Streamlined Ventures, The Perkins Fund and other investors also participated, the company announced in a press release.

blockchain 162

blockchain Capital Software Operations 162

PYMNTS

JULY 28, 2017

Lendio , a free online service that helps business owners find the right small business loans within minutes, announced it has helped facilitate more than $500 million in financing to more than 21,000 small businesses across the U.S. “Lendio is proud of the impact that $500 million in business loans is having on the American economy.

Los Angeles 101

Los Angeles South Carolina Capital California 101

PYMNTS

JULY 2, 2020

DoorDash, the country’s largest deliverer of restaurant meals, could be valued as high as $15 billion following a likely infusion of capital from existing investors. Taco Bell joined the list of restaurants overwhelmed by online orders on Tuesday (June 30) after extending the scope of its established “Taco Tuesday” free food offer.

Arizona 162

Arizona California Operations Capital 162

PYMNTS

JULY 9, 2019

These are just some of the ways that restaurants and third-party online platforms are making it easier for customers to order and pay for their favorite foods from their mobile devices in the digital era: Approximately half – or 49 percent – of large, quick-service restaurants (QSRs) allow in-app payments.

Mobile 179

Mobile Payments Los Angeles Hawaii 179

PYMNTS

JANUARY 19, 2021

19) that it has finished its sale of Cost Plus World Market (CPWM) to California-based private equity firm Kingswood Capital Management, according to a statement. Bed Bath & Beyond Inc. said on Tuesday (Jan. In December, Bed Bath & Beyond Inc.

Marketing 130

Marketing California Branding Capital 130

NCR

FEBRUARY 14, 2017

But in industries like retail banking, where technology is at the heart of change, staying still is more likely to be one of the biggest risks a financial institution (FI) could take, such is the anticipated pace of change in the next few years. The post Why modernization is important in retail banking appeared first on Banking.com.

Retail 75

Retail ATM Innovation Security 75

CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

PYMNTS

JANUARY 1, 2021

That included 85 percent who plan to continue online grocery shopping, 84 percent who will stick with retail shopping, 80 percent doing online food ordering and 79 percent working from home. QSRs’ Big Pivot. Athleisure Tops Business Casual. “In

Trends 283

Trends Meeting Retail Online 283

PYMNTS

FEBRUARY 3, 2017

While much is made of online retail, most transactions still take place in-store. But even in physical retail, consumers are drawn to digital experiences. On a broad scale,” said Luke Wilwerding, director of retail solutions at Elo , “we see tremendous growth in eCommerce, but it’s still dwarfed by the retail happening in-store.

Retail 100

Retail Online Technology Examples 100

PYMNTS

JANUARY 14, 2019

From B2B retail purchases to employer payroll, APIs are helping businesses accelerate all kinds of payments. Human capital management solutions provider Paychex, for one, recently integrated with Intuit’s QuickBooks Online. Around the B2B API World. One recent move came from business commerce platform Tradeshift.

Trends 143

Trends System California Data 143

PYMNTS

JANUARY 13, 2017

The biggest online lender for small businesses in the U.K., 12), the company said California-based venture capital firm Accel Partners led the funding round, with participation from Index Ventures, Union Square Ventures, and Temasek Holdings. Funding Circle, announced that it secured $100 million in equity funding.

Lending 100

Lending California Capital Online 100

PYMNTS

AUGUST 1, 2018

Amid the race to reach $1 trillion in market capitalization, analysts are predicting that Amazon will win over Apple. But, while Apple is getting a lot of accolades from analysts on Wall Street and investors, it won’t hold the top spot for market capitalization for long. Even so, Apple could potentially pull off an upset.

Apple 100

Apple Marketing Capital California 100

PYMNTS

AUGUST 20, 2020

San Francisco, Los Angeles, Orange County, Sacramento, San Diego and California Central Coast customers can order from Smart & Final. DoorDash’s on-demand grocery service is a nice addition to our online shopping options, and with delivery in under an hour, we know Smart & Final customers are going to appreciate it.”.

San Francisco 130

San Francisco San Diego Los Angeles Milwaukee 130

PYMNTS

MARCH 31, 2020

In one example, TrueCar.com , an online auto marketplace, has forecast that March sales will be down by around 37 percent, and April sales might be down between 50 percent and 60 percent. Drive” program in place since 2013, allowing consumers to shop for cars and apply for financing online rather than on-site at the dealership.

Houston 141

Houston Lending New York Examples 141

PYMNTS

APRIL 14, 2017

One company that’s looking to capitalize on the cannabis market is startup on-demand delivery company greenRush. One of their biggest ventures was an online platform aggregating New Years Eve parties across the globe. We are the “Amazon” of Cannabis, the largest online marketplace in the world.

Las Vegas 140

Las Vegas Los Angeles Retail United States 140

PYMNTS

SEPTEMBER 19, 2018

Target’s demographic is migrating online — and toward Amazon. Target’s ability to differentiate its physical stores still matters — hence the high profile partnerships with Teigen this fall Dwell last year and the massive series of capital upgrades the brand has made over the last 18 months.

Millennials 138

Millennials Montana social media Branding 138