November 15, 2022
Home Depot Aims at B2B Friction to Boost Lucrative Professional...
Despite volatility in real estate prices and reduced consumer buying power due to inflation, the country’s largest home improvement retailer said Tuesday (Nov. 15) that its commercial customer base was...
November 15, 2022
Mastercard Projects 15% Growth in Black Friday Spending
Mastercard is offering a sunny forecast for Black Friday, with its SpendingPulse report projecting a 15% growth in retail sales on the day after Thanksgiving. “Expect Black Friday shopping to be...
November 14, 2022
Amazon’s Retail Staff Cuts May Hand Walmart an Omnichannel Edge
Unconfirmed reports Monday that said Amazon is planning to cut up to 10,000 jobs could give Walmart an opportunity to retake some market share from its struggling retail rival. The...
November 14, 2022
RetailNext Acquires UK Foot Traffic and In-Store Analytics Firm
California-based brick-and-mortar analytics firm RetailNext said it has acquired U.K. rival Retail Performance from market research company Ipsos, in a bid to boost its foot-traffic-monitoring platform in Europe and Asia....
November 13, 2022
Walmart Tells Suppliers No to Higher Prices
With the economy slowing, Walmart’s CEO is warning suppliers that the retail giant is through paying higher prices. That’s according to a report by The Wall Street Journal, citing accounts...
November 13, 2022
Thousands Complain to BBB About Slow Payments From Sports-Betting Apps
Consumers have filed roughly 2,400 complaints against the three largest U.S. sports betting operators in the last three years, citing delays or glitches in withdrawing winnings. That’s according to a...
November 11, 2022
Report: Shein to Open First Brick-and-Mortar Showroom in Tokyo
Fast-fashion eCommerce retailer Shein is reportedly preparing to open its first brick-and-mortar location. The two-story showroom is to open in Tokyo Sunday (Nov. 13), Bloomberg reported Thursday (Nov. 10). Located...
November 10, 2022
Report: Fast-Fashion Retailer Shein Tests B2B Program in Brazil
Fast-fashion eCommerce retailer Shein is reportedly piloting a B2B program in Brazil that allows brands to offer their products for sale on the firm’s platform. The trial program began in...
November 10, 2022
Egyptian Digital Lender Blnk Raises $32M
Blnk, an Egyptian buy now, pay later (BNPL) startup, has raised $23.7 million in equity and debt funding and a further $8.3 million via securitized bond issuance. The capital will...
