PYMNTS

NOVEMBER 16, 2020

When he first came up with the idea for an eCommerce technology company, Co-founder and CEO Finbarr Taylor was in the process of plowing through this story of medieval Japan. He needed a name for the company and liked the book. It enables companies like Leesa to import their product data during an expansion to a new region.

Retail 226

Retail Regional Branding Tools 226

PYMNTS

JULY 19, 2020

Equity crowdfunding program Equifund CFP is launching a Regulation Crowfunding offering to help cannabis tech company Drop Delivery raise money for its all-in-one delivery system for cannabis products, according to a press release. All of it, the release stated, will aid businesses in growing customer bases and becoming establish.

System 218

System Capital Payments Regulation 218

PYMNTS

OCTOBER 9, 2018

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 This comes as its loyalty program and mobile app are driving business, with 39 percent of the company’s sales in the U.S. percent stake in Starbucks. coming from those venues.

Capital 128

Capital Management Conference New York 128

PYMNTS

JANUARY 12, 2021

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. 11) “bring together Walmart’s retail knowledge and scale with Ribbit’s FinTech expertise to deliver tech-driven financial experiences tailored to Walmart’s customers and associates.”.

Capital 155

Capital Fintech Retail Tools 155

PYMNTS

NOVEMBER 13, 2017

This is true for consumers making payments to companies to obtain retail goods and businesses looking to pay each other for services rendered. billion | Amount of working capital on the books for U.K. Today in PYMNTS’ data, U.K. Today in PYMNTS’ data, U.K. Here are the numbers: $179.5

Capital 108

Capital Management Data Software 108

PYMNTS

JULY 8, 2020

As it grows its healthcare offerings beyond low-cost clinics and technology to help patients manage their medications, Walmart has formed a new company to sell insurance policies called Walmart Insurance Services LLC. In addition, the retailer reportedly paid approximately $200 million to purchase key assets from CareZone.

South Carolina 150

South Carolina Arkansas Company Georgia 150

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. The company connects SMBs to invoice financing via is mobile app Bridge2Capital, targeting retail shopkeepers with a way to finance their outstanding payables.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. We’re not a data company.

Community 269

Community Retail Strategy National 269

PYMNTS

JANUARY 7, 2021

In today’s top retail news, Walgreens Boots Alliance, Inc. reported that its Retail Pharmacy USA segment had $27.2 Walgreens Retail Pharmacy USA Reports $27.2 reported as part of its Q1 fiscal 2021 earnings that its Retail Pharmacy USA segment had $27.2 Billion In Sales. Walgreens Boots Alliance, Inc.

Retail 172

Retail New York City New York Texas 172

PYMNTS

JANUARY 27, 2021

For the companies themselves, the top line growth underpinned by recurring revenues has been significant. Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app. Subscription management is part of that. Embracing The Subscription .

Management 181

Management Technology Cards Retail 181

PYMNTS

NOVEMBER 28, 2018

retail outfit that sells children’s clothing, is mulling whether to shutter more than half of its 900-store base, Reuters reported Tuesday (Nov. Gymboree was one of a wave of 20 retailers that have filed for bankruptcy since the start of 2017. Gymboree, the U.S. 27), citing people “familiar with the matter.”.

Retail 152

Retail Capital Branding Groups 152

PYMNTS

OCTOBER 7, 2016

Capital One has reportedly inked a deal to acquire Paribus, a price tracking service, as the credit card company makes another acquisition in the FinTech space. While the terms of the deal were not disclosed, the report noted the acquisition includes bringing the team of Paribus and its technology under the Capital One umbrella.

Capital 191

Capital Online Retail Cards 191

PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. In the brick-and-mortar retail era it was a nuisance to be avoided.

Customer Experience 216

Customer Experience Retail America Branding 216

PYMNTS

SEPTEMBER 3, 2019

Capital Park Holdings has formed Prestige Value Brands, and has used it to acquire Joy Hand Dish Retail Brands from Procter & Gamble, according to a release by the company. The newly formed company said it is going to focus on mid-market brands that bring value to customers.

Branding 108

Branding Capital Operations Innovation 108

PYMNTS

AUGUST 21, 2019

Commercial bill pay company Plastiq has announced that starting on Wednesday (Aug. Visa commercial cardholders will be able to use the Plastiq to pay vendors, even if they don’t accept credit cards, the company said in a release. . Bank Retail Payment Solutions. “We We worked closely with owners to develop the U.S.

Company 171

Company Cards Capital US 171

PYMNTS

NOVEMBER 9, 2020

The pandemic has been a game-changer for businesses, with retailers closing their doors, restaurants turning to delivery and pickup, and banks shifting to digital interactions to avoid potential viral transmission. How the Pandemic Changed Capital Management.

Analytics 130

Analytics Company Innovation Capital 130

PYMNTS

JUNE 25, 2020

One of the new truisms of pandemic-era retail is this: If a retailer was in trouble before COVID-19 , that trouble will be magnified because of it. That “troubled” group of companies continues to struggle, seeking Chapter 11 or other financial lifelines. billion in new financing, could stabilize the company.

Retail 141

Retail Strategy Meeting Groups 141

PYMNTS

MARCH 15, 2020

A lawsuit filed in New York representing a trust of more than 100 creditors for Toys R Us claims that executives took bonuses they shouldn’t have and had inappropriate financial relationships with private equity owners, all while the company was crumbling due to increased competition from companies like Walmart and Amazon.

US 159

US Company New York Retail 159

PYMNTS

NOVEMBER 1, 2018

Deutsche Bank, the German bank, has seen Hudson Executive Capital, the hedge fund run by JPMorgan Chase’s former Chief Financial Officer Doug Braunstein, take a 3.1 percent stake, Hudson Executive Capital is now Deutsche Bank’s fourth largest shareholder behind HNA, the Chinese conglomerate that has a 7.6 With the 3.1

Capital 134

Capital Compliance Report Strategy 134

PYMNTS

APRIL 27, 2020

“The biggest problem in IT is still the basic fact that most companies cannot completely defend their basic security,” says biometrics expert and consultant Mike Cherry. Even if you have the best biometrics program available, you still need to protect the house and I’m not sure eCommerce companies have done that.”.

Fraud 164

Fraud Company Security Comparison 164

PYMNTS

MAY 8, 2020

The funds will be managed by Ron Bloom, managing partner and vice chairman of Brookfield’s private equity arm, who said the focus would be on helping small businesses get back on their feet. “We Brookfield has been moving in on mall-centric retail for some time, acquiring all of the stake for U.S.

Las Vegas 141

Las Vegas Retail Illinois Groups 141

PYMNTS

MARCH 12, 2020

For retailers looking at stockouts, empty stores and the worst still to come, talk of recovery might seem premature. Retailers should first understand that the most stress is likely being placed on front-line employees and, if applicable, customer service reps. “All things must pass,” as George Harrison said.

Retail 131

Retail Resources America Software 131

PYMNTS

OCTOBER 11, 2020

Representatives of grocery-delivery powerhouse Instacart have met with investment bankers to explore taking the company public, the Financial Times (FT) reported. 8) that it had received $200 million in new capital from existing investors Valiant Peregrine Fund and D1 Capital Partners, boosting Instacart's valuation to $17.7

Report 268

Report United States Capital Retail 268

PYMNTS

JANUARY 17, 2020

The move pushes Visa ever further away from cards and toward its goal of becoming, as management has often described it, a “network of networks.”. The company already has scale, having integrated with 15,000 financial institutions in Canada and the United States and recently made forays into Ireland and Spain. Retail sales were up 3.6

Company 132

Company Payments social media United States 132

PYMNTS

APRIL 12, 2018

Tech companies are spending big on research and development (R&D). tech companies invested a total of $76 billion in the field last year, Recode reported. The eCommerce retailer invested $22.6 The eCommerce retailer invested $22.6 In 2017, for example, FactSet found that five U.S. Amazon spent $22.6 Apple spent $11.6

Company 118

Company Retail Apple Software 118

PYMNTS

APRIL 25, 2019

Shopify announced it has launched a new retail hardware collection to improve in-person shopping for some of the world’s fastest-growing brands and their customers. Digitally native brands want to build loyal audiences through retail locations, and we’ve designed the best products to help them achieve this success.”.

Retail 122

Retail United States Branding Cards 122

PYMNTS

MARCH 23, 2020

A cloud-based rebate company called Enable has raised $13 million in a Series A funding round, according to a report. company calls itself a “rebate management solution” with the goal of helping manufacturers and retailers handle rebates. Steve Sloane from Menlo Ventures joined the company’s board as part of the deal.

Management 130

Management Software Retail System 130

PYMNTS

MAY 28, 2018

The parent company of Eddie Bauer and Pacific Sunwear of California is considering a merger of the two retailers in an effort to consolidate stores, as well as survive a prolonged downturn in the American brick-and-mortar retail sector. One source said that the company’s same-store sales are up 5 percent so far this year.

Capital 100

Capital California Retail Washington 100

PYMNTS

FEBRUARY 27, 2020

In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.

Retail 131

Retail Comparison Technology Branding 131

PYMNTS

MAY 29, 2020

Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic world. billion would be a fair price for the company, representing a 65.6 So the eCommerce giant certainly has both the scale and the capital required to push Zoox’s ambitious goals.

Retail 131

Retail Capital Online Video 131

PYMNTS

JANUARY 4, 2019

Luxury retail company Saks Fifth Avenue is closing a two-year-old location at Manhattan’s Brookfield Place, a move that spotlights the intensifying competition from other high-end retailers for physical space amid shoppers’ exodus to online shopping. Physical U.S. department store sales declined 1.3

Retail 134

Retail New York Maine Online 134

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.

Retail 177

Retail Marketing eBook Atlanta 177

PYMNTS

SEPTEMBER 18, 2019

Walmart has announced it is teaming up with Capital One on a new credit card to be released on Sept. There will be two versions available: the Capital One Walmart Mastercard and the private-label Walmart Rewards Card. 24, according to a release.

Capital 137

Capital Cards Online Management 137

BankInovation

JANUARY 20, 2023

Truist Financial closed its acquisition of finance company BankDirect Capital Finance in the fourth quarter of 2022. The deal for the finance company to operate under the bank’s Truist Insurance Holdings arm was announced Sept. 6, according to a Truist release.

Capital 52

Capital Risk Management Operations Management 52

PYMNTS

DECEMBER 30, 2020

Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. Deliveristo. CloudTrucks.

Capital 211

Capital Management Operations Security 211

PYMNTS

JANUARY 19, 2021

In today’s top retail news, Bed Bath & Beyond said it has finished its sale of Cost Plus World Market (CPWM) to a private equity firm, while Starbucks will help Washington state with the distribution of coronavirus vaccines. billion offer from Staples to buy the company outright, but says it is open to other possibilities.

Washington 141

Washington Retail Marketing Operations 141

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Today, it works with companies in over 120 countries spanning every industry, company size, and business model. Broadly enabling online commerce.

Online 98

Online Company Retail Payments 98