Technology & Innovation How Jack Dorsey’s Cash App plans to become a super app Jack Dorsey’s Cash App plans to be come a super app in order to rival PayPal as it aggressively integrates its buy now, pay later (BNPL) subsidiary Afterpay. Block, formerly… The post How Jack Dorsey’s Cash App plans to become a super app appeared first on Latest Retail Technology News From Across The Globe – […] ChargedRetail May 20, 2022May 20, 2022 < 1 min read International - UKTechnology & InnovationTrends: FinanceBNPL 0 Saving Bookmark this article Bookmarked
Trends & External Forces Dutch Fintech in3 raises $85.3 million series B round and announces partnership with Mollie in3, a Dutch ‘Buy-Now-Pay-Later’ (BNPL) fintech has today announced a $85.3m Series B funding round from the British VC Force over Mass, U.S. institutional asset manager Waterfall Asset Management LLC and Dutch investor Finch Capital. Launched in 2018, in3 gives consumers the option to pay in 3 instalments without interest or other hidden costs. Current customers […] Modern Retail May 19, 2022May 19, 2022 < 1 min read Trends: FinanceTechnology & InnovationStart UpsPartnershipsInternational - UKConsumersResults & InvestmentBNPL 0 Saving Bookmark this article Bookmarked
Shopper & Customer How Millenials and Generation Z Are Driving New Spending Methods The retail and commerce industries are emerging from COVID-19 radically altered. These changes stem not only from the pandemic and its rippling after effects, but also from the rapid shifts in consumer dynamics, behaviors, and desires. In this altered economy, millennials and Generation Z are steadily becoming dominant demographics. And businesses need to completely rethink […] Rethink Retail May 18, 2022May 18, 2022 3 min read ConsumersTrends: FinanceBNPLCOVID19Technology & InnovationResults & InvestmentPodcastsEconomyData & InsightsMarketing: In StorePartnershipsPredictions and ForecastsAssociates 0 Saving Bookmark this article Bookmarked
Data & Insights Retail Traffic Trends #77: The Rise of Retail Subscriptions Can you count on one hand how many subscriptions your household is subscribed to? Over 62% of households are now subscribed to at least one retail membership. Not surprisingly, 54% of U.S. households are subscribed to Amazon Prime. This week we dive deep into emerging retail subscription services and the potential of a BNPL bubble. […] Doorcounts May 17, 2022May 18, 2022 2 min read Data & InsightsDeliveryConsumersStore LocationAmazonMarketing: Loyalty & SubscriptionBNPLTrends: FinanceDept. NonfoodAssociatesOperations & Supply ChainCostcoDept. GroceryPredictions and ForecastsTechnology & InnovationVendorsWalmart 0 Saving Bookmark this article Bookmarked 5
Corporate Finance The e-commerce boom is still afoot in Africa, Jumia’s earnings indicate Jumia, the pan-African e-commerce company and sole tech company based on the continent listed on the NYSE, released its first-quarter financial performance today. The company’s results included consistent growth but lapses in some areas compared with Jumia’s previous quarter. As always, the first page of every Jumia report highlights its year-over-year wins. The first quarter […] Tech Crunch May 17, 2022May 17, 2022 3 min read Results & InvestmentTechnology & InnovationFood DeliveryDept. GroceryDeliveryQ CommerceOperations & Supply ChainExecutivesHoliday & EventsPricing & PromotionsShoppersGovernmentPredictions and ForecastsPartnershipsDept. NonfoodTrends: FinanceConsumers 0 Saving Bookmark this article Bookmarked
Corporate Finance BNPL sector ‘a bubble’ not a boom, Harvard analyst suggests The buy now, pay later (BNPL) sector has been referred to as a ‘bubble’ by Harvard fellow Marshall Lux. According to Experian, four in five US consumers use BNPL solutions… The post BNPL sector ‘a bubble’ not a boom, Harvard analyst suggests appeared first on Latest Retail Technology News From Across The Globe – Charged. ChargedRetail May 17, 2022May 17, 2022 < 1 min read Trends: FinanceBNPLInternational - UKTechnology & InnovationConsumersInsight Providers 0 Saving Bookmark this article Bookmarked
Technology & Innovation VC Investments for Tech Startups Drop 26% in Q1 2022 Startups that had previously been seen as darlings have had to lay employees off and cut spending, canceling projects and generally scaling back ambitions, due to a seriously changed economy, The Wall Street Journal (WSJ) wrote Monday (May 16). This is all part of what WSJ characterizes as a changed playing field for companies, even […] Pymnts.com May 17, 2022May 17, 2022 2 min read Technology & InnovationResults & InvestmentAssociatesTrends: FinanceStart UpsDeliveryEconomyFood DeliveryPredictions and ForecastsGopuffDept. GroceryQ CommerceSustainabilityExecutivesAmazon 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Restaurants and Customers Agree: Short Lines Are Simply Better Imagine sitting at a crowded restaurant after a meal with friends and it’s 11 p.m. at night. Suddenly, it seems everyone wants their check at the same time, leaving the few waiters struggling to cater to eager guests who already have one foot out the door. In an interview with PYMNTS, Adnan Haque, CEO at […] Pymnts.com May 17, 2022May 17, 2022 3 min read RestaurantsTechnology & InnovationShoppersTrends: FinanceCOVID19AssociatesExecutivesResults & InvestmentConsumersMarketing: SocialDept. HBCData & InsightsOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Adyen expands global partnership with Afterpay Adyen, the global financial technology platform for leading businesses, is expanding upon its partnership with BNPL giant Afterpay. Afterpay is working with Adyen to process payments across key markets including… The post Adyen expands global partnership with Afterpay appeared first on Latest Retail Technology News From Across The Globe – Charged. ChargedRetail May 16, 2022May 16, 2022 < 1 min read PartnershipsTechnology & InnovationInternational - UKTrends: FinanceResults & InvestmentBNPL 0 Saving Bookmark this article Bookmarked
Media & Marketing Buy now pay later hits hospitality as Brighton’s Lucky Beach claims industry first Lucky Beach cafe in Brighton says that it is the first hospitality business in the UK to introduce buy now pay later technology. The initiative has seen Klarna working in partnership with storekit to deliver BNPL to the restaurants, cafes, and hotels which comprise the latter’s customer base. Lucky Beach was the beta client for […] Retail Technology Innovation Hub May 13, 2022May 13, 2022 3 min read Marketing: SocialTechnology & InnovationTwitterTrends: TechInternational - UKBNPLTrends: FinancePartnershipsCOVID19ShoppersGoogleLowesCryptoDept. ApparelExecutivesResults & InvestmentNFTPredictions and ForecastsRestaurants 0 Saving Bookmark this article Bookmarked
International FintechOS launches BNPL offering to help retailers enter booming market FintechOS has launched a new buy now, pay later (BNPL) offering to allow traditional institutions to create, customise and roll-out their own product as well as additional embedded lending solutions.… The post FintechOS launches BNPL offering to help retailers enter booming market appeared first on Latest Retail Technology News From Across The Globe – Charged. ChargedRetail May 12, 2022May 12, 2022 < 1 min read Trends: FinanceBNPLInternational - UKTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Technology & Innovation The Frothy Real Estate Market — with the cofounders of Esusu Samir Goel and Abbey Wemimo, the cofounders and co-CEOs of Esusu, a fintech platform that captures rental data and reports it to credit bureaus to help renters build their credit scores, join Scott to discuss why real estate prices are through the roof and how their company is dismantling a few of the roadblocks that […] The Prof G Show May 12, 2022May 12, 2022 < 1 min read ExecutivesTechnology & InnovationTwitterTrends: FinanceMarketing: SocialData & Insights 0 Saving Bookmark this article Bookmarked
Technology & Innovation Buy now, pay later players’ losses grow as costs soar BNPL providers are paying a hefty price to keep up with surging consumer demand for their financing services, spending large sums to add new tech and more employees. RetailDive May 10, 2022May 10, 2022 < 1 min read Trends: FinanceTechnology & InnovationConsumersBNPLAssociates 0 Saving Bookmark this article Bookmarked
Corporate Finance As markets shift, MercadoLibre’s falling share price shows no company is safe The declining valuations of major technology companies, including a host of recent IPOs, were partially triggered by lackluster guidance. As we saw this morning with Upstart, guidance can trump trailing results when it comes to setting investor sentiment about any particular company. For one company currently in the public market penalty box, however, the picture […] Tech Crunch May 10, 2022May 10, 2022 2 min read Results & InvestmentTechnology & InnovationTrends: FinanceStart UpsMarketing: SocialEconomyData & InsightsConsumersBNPL 0 Saving Bookmark this article Bookmarked
International Nearly one in 10 ‘have used buy now pay later schemes for essentials’ Nearly one in 10 people have used buy now pay later (BNPL) schemes to cover essentials, according to a new report from Hargreaves Lansdown. The research reveals that one in… The post Nearly one in 10 ‘have used buy now pay later schemes for essentials’ appeared first on Latest Retail Technology News From Across The […] ChargedRetail May 9, 2022May 9, 2022 < 1 min read Trends: FinanceBNPLTechnology & InnovationInternational - UK 0 Saving Bookmark this article Bookmarked
Shopper & Customer Interview: Chris Kronenthal, President and Chief Technology Officer, FreedomPay Chris Kronenthal gives RTIH the lowdown on FreedomPay and discusses the importance of payments tech to retailers today. RTIH: Can you explain your current role and what you do at FreedomPay? CK: I joined FreedomPay almost 14 years ago, and since then, we’ve become one of the world’s fastest growing FinTech companies. We’re delivering Next […] Retail Technology Innovation Hub May 5, 2022May 5, 2022 5 min read Technology & InnovationConsumersShoppersData & InsightsMarketing: Loyalty & SubscriptionPartnershipsOmnichannelMarketing: SocialAcquisitionTwitterSustainabilityStrategyPricing & PromotionsMarketing: In StoreEconomyDept. BeverageTargetDept. GroceryPredictions and ForecastsOperations & Supply ChainWeatherDept. HBCDept. NonfoodCOVID19DeliveryMarketing: TradeExecutivesInternational - North AmericaInternational - UKRestaurantsResults & InvestmentTrends: FinanceVendors 0 Saving Bookmark this article Bookmarked
Corporate Finance New customers, increased spend and more orders: Why retailers should build an effective BNPL strategy “It’s very hard to walk even ten minutes in London without seeing some sort of advertisement somewhere about BNPL,” Worldpay’s director of enterprise product commercialisation, Reshmi Suresh, told an audience… The post New customers, increased spend and more orders: Why retailers should build an effective BNPL strategy appeared first on Latest Retail Technology News From […] ChargedRetail May 4, 2022May 4, 2022 < 1 min read Trends: FinanceBNPLStrategyInternational - UKTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Shopper & Customer Rite Aid and Afterpay partner SAN FRANCISCO — Afterpay and Rite Aid announced a partnership Tuesday, offering Rite Aid’s online shoppers a new way to pay for everyday items in four installments at no additional cost when paid on time. This partnership will help customers access and spend responsibly on everyday goods with Afterpay’s budgeting tool. Justin Mennen “Our relationship with Rite […] MMR May 3, 2022May 3, 2022 2 min read PartnershipsRite AidShoppersConsumersHealth & WellnessTrends: FinanceBNPLTechnology & InnovationCustomer ExperienceCustomer ExperienceMarketing: SocialBrick and MortarEconomyCOVID19 0 Saving Bookmark this article Bookmarked
Technology & Innovation Upgrade gives hair stylists tools to market, sell custom wigs from one marketplace One of Britney Winters’ goals is to “live a less tangled life.” She grew up in Houston and went on to attend Stanford and major in engineering. She worked on Wall Street as an investment banker for a few years in New York before returning to Houston with a job in energy. The company Winters […] Tech Crunch May 3, 2022May 3, 2022 4 min read Technology & InnovationConsumersData & InsightsDept. NonfoodDept. HBCShoppersOperations & Supply ChainTrends: Food and BeverageHealth & WellnessResults & InvestmentAcquisitionPredictions and ForecastsExecutivesCustomer ExperienceMarketing: UGCCustomer ExperiencePhilanthropyPricing & PromotionsHoliday & EventsAssociatesSustainabilityTargetTrends: FinanceMarketing: Loyalty & SubscriptionEconomyDeliveryFlagship StoresMarketing: Social 0 Saving Bookmark this article Bookmarked
Media & Marketing Flyp wants to give power resellers enterprise-grade e-commerce tooling There is no shortage of platforms out there to sell your old stuff. From thredUp and The RealReal to Facebook Marketplace to eBay, the tech world has long sought to capitalize on the generally wasteful attitude of consumerism over the last half century. But lurking among these platforms is a group not often thought about, […] Tech Crunch May 3, 2022May 3, 2022 2 min read Operations & Supply ChainTechnology & InnovationMarketing: SocialResults & InvestmentConsumersRecommerceDept. NonfoodExecutivesMeta (Facebook)TwitterPartnershipsPhilanthropyTrends: FinanceBankruptcyAI / ML 0 Saving Bookmark this article Bookmarked
Data & Insights Affirm’s CTO talks transparency and the tech that makes BNPL possible BNPL is not a new concept; it’s just taken off in recent years and become far more mainstream. Buy now, pay later lets people do exactly what its name suggests — buy something and pay for it later. The difference between BNPL and credit cards is that rather than charge the full amount of a […] Tech Crunch April 30, 2022April 30, 2022 3 min read Technology & InnovationTrends: FinanceBNPLShoppersExecutivesConsumersData & InsightsMarketing: In StorePredictions and ForecastsResults & InvestmentStrategyMarketing: Social 0 Saving Bookmark this article Bookmarked
Technology & Innovation Industry Insider: Katia Walsh, Chief Global Strategy and AI Officer at Levi Strauss We spoke with Katia Walsh, Chief Strategy & Artificial Intelligence Officer at Levi Strauss & Co., about the big trends she’s seeing in AI and Machine learning, how Levi’s is attracting top digital talent and why fostering a positive culture of innovation is critical for today’s retailers. TRANSCRIPTION: Katia Walsh: Hi, I’m […] Rethink Retail April 26, 2022April 26, 2022 3 min read Technology & InnovationAI / MLDept. ApparelStrategyTech: AIAssociatesOperations & Supply ChainMarketing: Loyalty & SubscriptionBrick and MortarPredictions and ForecastsData & InsightsShoppersCOVID19Trends: Finance 0 Saving Bookmark this article Bookmarked
Trends & External Forces Dissecting the BNPL ‘Fairytale’ Over the past two years, the Buy Now, Pay Later space has exploded. Retailers of all sizes and across categories have embedded BNPL capabilities into their customer experiences to help boost shopper satisfaction and basket sizes. But how will the tech landscape continue to evolve as consumer and retailer adoption rates rise? During this week’s […] Retail Remix Podcast April 25, 2022April 25, 2022 < 1 min read Trends: FinanceBNPLPredictions and ForecastsTechnology & InnovationConsumersShoppersTrends: TechPartnerships 0 Saving Bookmark this article Bookmarked
Shopper & Customer 80% of UK consumers believe retailers need to invest in new technology According to new data from buy now, pay later (BNPL) giant Klarna, 80% of UK consumers believe retailers need to invest in new technology. The research demonstrates that UK shoppers… The post 80% of UK consumers believe retailers need to invest in new technology appeared first on Latest Retail Technology News From Across The Globe […] ChargedRetail April 25, 2022April 25, 2022 < 1 min read ConsumersInternational - UKTechnology & InnovationTrends: FinanceShoppersData & InsightsBNPL 0 Saving Bookmark this article Bookmarked
Technology & Innovation During #RICE22, Attendees Can Dive Deep, Go Broad or Both Perhaps you’re laser-focused on discovering ways to maximize ecommerce revenue; perhaps you seek store designs that promote experiential retail, but on a budget; or maybe you want to determine whether live shopping and the metaverse are a fit for your business. Good news: you can satisfy your curiosity on these and dozens of other topics […] Retail TouchPoints April 23, 2022April 23, 2022 2 min read Technology & InnovationConsumersShoppersBOPISMetaverseOmnichannelTrends: RetailData & InsightsExecutivesCustomer ExperienceCustomer ExperienceOperations & Supply ChainMerchandisingTrends: TechTrends: FinanceTrends: ConsumerSustainabilityMarketing: Direct & PersonalizationNFTPricing & PromotionsBNPL 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Enables Prime Delivery Benefits at Other Retailers Using Fulfilled by Amazon Amazon is extending Prime benefits to ecommerce sites beyond Amazon.com through the Buy with Prime option. Retailers who utilize Fulfillment by Amazon (FBA) will be able to add Buy with Prime to their own checkout process, which will allow Prime members shopping there to utilize Amazon Pay and benefit from two-day shipping and free returns. […] Retail TouchPoints April 22, 2022April 22, 2022 2 min read AmazonDeliveryShoppersEconomyConsumersWalmartDept. FuelReturnsOmnichannelBOPISBrick and MortarTrends: FinanceBNPLMarketing: BrandMarketing: In StorePricing & Promotions 0 Saving Bookmark this article Bookmarked 5
Shopper & Customer Study: Buy Now, Pay Later Customers Are Overspending LendingTree is out with a new study saying that “nearly 70% of buy now, pay later users admit to spending more than they would if they had to pay for everything upfront.” Here are some other key findings from the study: • “43% of Americans have used a buy now, pay later (BNPL) service, an […] MorningNewsBeat April 20, 2022April 20, 2022 < 1 min read Trends: FinanceBNPLConsumersDept. Pet 0 Saving Bookmark this article Bookmarked
Trends & External Forces Wealthsimple transforme le secteur des services financiers du Canada avec AWS L’une des principales entreprises de technologie financière (fintech) du Canada, Wealthsimple, révolutionne la manière dont les Canadiens interagissent avec leurs finances grâce aux services infonuagiques avancés offerts par AWS, notamment l’apprentissage automatique et la sécurité SEATTLE , 19 Amazon News April 19, 2022April 19, 2022 < 1 min read International - North AmericaAmazonTrends: FinanceTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Data & Insights Your Data Can Become Your Best Detective to Hunt Fraud We’ve all felt the shockwaves of the e-commerce eruption. It’s transformed the way people and businesses make payments. What’s more, the amount of data it’s creating is swelling with every second. In just 10 years, the amount of data in existence went from 1.2 trillion gigabytes to a whopping 59 trillion gigabytes — that’s a rise […] Aaron Holmes April 19, 2022April 19, 2022 3 min read Data & InsightsLegal & CriminalShoppersResults & InvestmentPredictions and ForecastsAI / MLTechnology & InnovationTrends: FinancePartnershipsExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Buy Now, Fraud Later? Buy now, pay later (BNPL) companies are the new normal online, having quickly become a $100 billion industry in the past few years. This growth is attracting more users, companies and investors to the sector. Unfortunately, fraudsters will also inevitably follow suit, so the industry must remain vigilant. This article offers insights into how BNPL […] Jimmy Fong April 19, 2022April 19, 2022 3 min read Legal & CriminalTrends: FinanceBNPLData & InsightsShoppersExecutivesPredictions and ForecastsTechnology & InnovationESG and CSRPricing & PromotionsTargetOperations & Supply ChainAmazon 0 Saving Bookmark this article Bookmarked
Department: Food Your Daily QuickWit (5/20): Top Retail News Yesterday's top retail news and most read stories Written by RetailWit May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Channel: Delivery Channel: Delivery Department & Category Channel: Ecommerce & Digital Acquisitions, Divestitures & Mergers Corporate Strategy Corporate Finance Partnerships & Alt Profit Department: Food Data & Insights International Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Operations & Supply Chain Stores & Formats Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VCs seeing an gap in the delivery market that had yet to be definitively filled. Now, perhaps inevitably, comes the consolidation. Written by Tech Crunch May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Data & Insights Shopper & Customer Trends & External Forces Battle of the titans: Walmart marketplace shows big gains against Amazon Get a by-the-numbers view of Walmart's remarkable e-commerce growth and seller profitability. Written by Future of Commerce May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Shopper & Customer Agencies & Vendors International Shopper & Customer Associates & Employees Lowest consumer confidence for nearly 50 years A consumer confidence monitor that has been running since 1974 recorded its lowest-ever score this month. The well-established GfK index was down to -40 for May, meaning consumers are less confident now than at any time for nearly half a century. Joe Staton, client strategy director at GfK, said: “This comes as UK unemployment hits […] Written by Talking Retail May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Department & Category Channel: Ecommerce & Digital Channel: Restaurants Department: Food Media & Marketing Data & Insights International Shopper & Customer Trends & External Forces Success Does Leave Clues for Food Retailers Giving credit where credit is due. The grocerant niche filled with Ready-2-Eat and Heat-N-Eat fresh prepared food continues to drive top-line sales and bottom-line profits in every channel of retail foodservice. According to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions® the recent insights by the NPD group show just have important the […] Written by Grocerant Guru May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked