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Bed Bath & Beyond Takes 1-800-Flowers To Court To Preserve Sale

PYMNTS

The deal agreed upon earlier this year called for 1-800-Flowers, which sells flowers and gift baskets online, to purchase the Pmall.com business, or Personalization Mall , from the home furnishing retail company for $252 million. Delaware has a history of rigidity on such deals and has usually held buyers to what they committed to do.

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Peapod And Alexa Deliver Greater Grocery Ordering Convenience

PYMNTS

We love new technologies, particularly when they fit so naturally into household planning.”. The eCommerce giant reportedly plans to invest $500 million in the food segment as it capitalizes on increasing Internet penetration in the country. In Other News…. This good news for Amazon probably spells bad news for local rival Flipkart.

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

When it comes to blockchain technology, there’s a lot of hype. Ziddu focuses on blockchain-backed solutions that offer microfinance lending against collateralized commodities in the form of Ziddu Coins — in other words, blockchain-based technology that could hypothetically make it easier for LongFin to collect collateral from borrowers.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

The old guard of American dining are switching up their games to compete: McDonald’s is adding self-serve kiosks to many of its franchises, upping the ante with mobile order technology. In the past decade, restaurant and bar purchases have grown at twice the rate of general retail spending. That’s not a new development.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Bitcoin and other virtual currencies are made possible by what’s known as blockchain technology. As startups use blockchain to drive greater transparency and veracity across the digital information ecosystem, they’re boosting awareness of the technology in sectors ranging from payments to public policy. Networking and IoT.