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Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion

PYMNTS

We are strong believers that the future of grocery retail involves getting customers the best quality food, exactly when they want it, with the best customer service. Today Farmstead’s services are only available in California and in the Raleigh-Durham area of North Carolina. SNAP Customers Flood Into the Digital Grocery Market .

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Digital Sales Boost Kohl’s First-Quarter Sales Beat

PYMNTS

The retailer reported earnings per share of $0.64 Digital sales continue to grow for the company and make up more of the retailer’s sales, with digital sales rising by nearly 20 percent in the first quarter. Boosted by strong digital sales growth, Kohl’s posted a strong first quarter and beat both top-line and bottom-line estimates.

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2021 GonzoBanker Awards

Gonzobanker

After leading a great and vibrant organization at Andrews Federal Credit Union, Jim and his family have taken on a new adventure, and the Gonzo team is confident Jim’s ambition and transparent leadership style will be welcome in Raleigh, N.C. With Venmo charging 100-150bp less that the card networks, merchants will aggressively follow Amazon.

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

Gift cards backed with public company equity. Fingerprint-authenticated payment card. Card rewards management. HQ: Raleigh, North Carolina. Tags: SMB, small business, merchants, acquiring, payments, mPOS, cards. HQ: San Jose, California. Latest round: $15 million. Total raised: $15 million. Source: Finovate.