News

Retail
Carvana Used Car Sales Up 120 Percent In First Quarter
June 07, 2017

Carvana, the eCommerce platform for buying used cars, announced Tuesday (June 6) its first quarter results, which showed it sold 8,334 cars, an increase of 120 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Spoleto Serves Up Quick Service Mobile Order-Ahead
June 07, 2017

Merging gourmet Italian tastes with a quick service restaurant timescale is not easy work, but Spoleto Italian QSR eateries are not quite like everything else out there. Born shortly before the turn of the century in Rio de Janeiro by Eduardo Ourivio and Mário Chady,...

Delivery
Quote Chief Offers Competitive Insurance Quotes For UK Food Delivery Drivers
June 07, 2017

Quote Chief, a leading insurance comparison website based in the U.K., announced that it is now helping fast food delivery van drivers find the most competitive insurance quotes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Joss & Main, HGTV in Beach-House Themed Collaboration
June 07, 2017

Another online home furnishings retailer is joining the HGTV family. As we reported earlier this month, Wayfair partnered with Jonathan and Drew Scott’s Brother Vs. Brother home renovation competition show. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Upscale Resale Co. The RealReal Announces $50M VC Funding Round
June 07, 2017

Female-founded upscale resale company the RealReal, which specializes in luxury consignment clothing items, announced a $50 million round of funding from private equity firm Great Hill Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Macy’s Stock Slips After Warning On Earnings
June 07, 2017

Macy’s stock slumped Tuesday (June 6) in the wake of a warning at the company’s annual investor day that profit margins are being squeezed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
FastPay Aims To Unblock Digital Media’s Cash Flow Backlog
June 07, 2017

Inadequate cash flow can cripple a business and is indeed the main culprit behind failed startups. But a cash flow crunch isn’t just deadly to one business. Inadequate funds mean an SMBs haven’t the money to pay its own suppliers, meaning that cash flow crunch...

B2B Payments
For Corporate Spenders, Commercial Cards Are A Package Deal
June 07, 2017

Corporate credit cards hold only a fraction of the B2B payments market, and adoption barriers are holding strong. Still, demand for the payment tool is on the rise, by all accounts. Mercator Advisory Group estimated the U.S. commercial card market alone to be worth $428...

B2B Payments
Billtrust Offers Clients Insights Into B2B Payment Habits
June 07, 2017

A new data mining solution from Billtrust aims to accelerate invoice payment times by providing businesses with deeper insight into B2B payment habits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...