Hgim Banks Tap FinTechs In Anticipation Of Corporate Client Growth
Today in retail, Target partners with Stoney Clove
stanley cup r Lane on a new spring collection, while February retail sales sputter as consumers spend more fueling their t
stanley cup anks. Plus, Inditex expects to reach 30% of revenue through eCommerce in 2024, Sokowatch rebrands as Wasoko and retailers are focusing on customer loyalty to solve a growing returns problem.Feb Retail Sales Stall as Consumers Pour Money Into Gas TanksA U.S. Department of Commerce report released Wednesday March 16 showed that February retail sales rose 0.3%, following an upwardly revised 4.9% jump in January, which had initially been reported at 3.8%.When a
stanley uk 5.3% gain in gasoline and a 0.9% increase in auto sales are backed out, the February barometer of consumer retail purchasing actually fell 0.4% last month, the government data showed.Among the 16 categories measured was a 3.7% drop in so-called non-store sales, which includes eCommerce, as well as the 1.8% decline posted by health and personal care stores. Restaurants stood out as one pocket of strength, with food services drinking places rising 2.5% from January and 28.6% from 2021.Klarna Offers BNPL to German eBay ShoppersOnline marketplace eBay and Swiss buy now, pay later BNPL company Klarna have joined forces to offer German shoppers more flexible payment options, according to an Alt FI report Wednesday March 16 .The new payment options being added to eBays German site will supplement existing payment methods like Klarnas Pay Now service. The new fea Dkxn Walmart Facing A Lawsuit Over Ammunition Sales Linked To A Mass Shooting
Ridesharing firm聽Lyft聽has been getting ready to capitalize on investor desire to delve into transports and has been exploring raising additional funding or even selling itself to outside interests, Reuters has reported.The newswire said that the firm has been working with investment bank Qatalyst Partners, which is based in Silicon Valley. Reuters cited unnamed people familiar with the dialogue. The bank has been brought on board to explore capital raises and also a possible Lyft sale. The overall investment interest has been palpable, as firms have poured tens of billions of dollars into the transportation sector in the last decade to the tune of $38 billion.Qatalyst was an聽adviser to LinkedIn as it sold itself to Microsoft.Among possible scenarios, current investors, such as Didi Chuxing and General Motors, could boost their stakes. One unnamed investor told Reuters the Didi stake could be increased with a coordinated push by an automaker. GM, fo
stanley shop r its part, has been on the record as aiming to increase its relationship with the ridesharing service. Th
stanley termos e auto giant has been offering a newer service to users, through Lyft, in which the two offer GM vehicles to drivers to make money offering rides they rent the GM vehicles .Profitability has been mixed in the ride services sector, and Lyft has not yet shown black ink on its bottom line, with
stanley quencher $1.9 billion in sales, as tied to bookings that were聽logged in May.
