July 16, 2024
Loop and ReBound Team for Simplified Retail Returns
Returns technology providers Loop and ReBound say they are joining forces. The collaboration, announced Tuesday (July 16), lets retailers using the Loop platform access ReBound’s omnichannel returns management services. The...
July 16, 2024
Save A Lot VP: Consumers Cross-Shop to Stretch Grocery Budgets
Amid ongoing inflation and economic challenges, grocery shoppers are recalibrating their budgeting behaviors to make ends meet. Katie Kobus, vice president of marketing at Save A Lot, a grocery banner...
July 16, 2024
Big-Ticket Retail Sales Take Hit in June
A flat June reading for retail sales can be a tossup in terms of getting a sense of how the consumer is faring. The data released Tuesday (July 16) may...
July 16, 2024
Clearco and Boundless Team to Expand Working Capital for eCommerce...
eCommerce invoice funding firm Clearco has teamed with small-business-focused capital marketplace Boundless. The partnership, announced Tuesday (July 16), is designed to provide working capital to eCommerce brands, with Clearco offering...
July 16, 2024
Ocado Sees Consumers’ Embrace of Online Grocery Return
Ocado CEO Tim Steiner said his company is benefitting from a resumption in online grocery buying. Consumers have gone back to eGrocery following a post-pandemic rise in brick-and-mortar buying, Steiner...
July 16, 2024
Huma Gets $80 Million to Build ‘Shopify for Digital Health’
Healthcare AI startup Huma has raised $80 million to develop its new digital health cloud platform. The platform, announced Tuesday (July 16), is designed to bolster the company’s digital health...
July 16, 2024
Joor CEO: Luxury Shoppers Won’t Buy a $20,000 Coat Online
As the luxury retail sector looks to strike a balance between digital accessibility and the more immersive, high-touch in-store experience, these upscale brands must create an omnichannel strategy that is...
July 16, 2024
Trustly Lays Out Vision for Open Banking at Retail
Open banking at retail — at the point of checkout — has the advantage of lowering the costs below traditional credit and debit options. Christina Potter, head of eCommerce at...
July 15, 2024
Report: Disney Data Leaked After Hack of Its Slack System
Disney has reportedly suffered a hack of its Slack system, with data from thousands of the channels of the company’s workplace collaboration system being leaked online. The data goes back...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
Nearly half of consumers in Mexico shop in-store without using digital shopping features — but merchants hear their customers’ cries for a better experience and are planning to add many. PYMNTS Intelligence’s latest 33-page report, the “2024 Global Digital Shopping Index: Mexico Edition,” commissioned by Visa Acceptance Solutions, features eight charts that provide a blueprint for merchants in Mexico to increase customer satisfaction and drive revenue.