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Affirm Expands into Post-Purchase with $300M Acquisition of Returnly

Retail TouchPoints

Flexible payment provider Affirm is expanding its range of services to include the post-purchase experience with the acquisition of online returns solution Returnly for approximately $300 million. Retailers such as Walmart , Bonobos and Peloton currently use Affirm to offer customers flexible payment options such as Buy Now, Pay Later.

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Emirates Leisure Retail back-pays $5m+ and signs FWO undertaking

Inside Retail

The Australian company, a subsidiary of the Emirates Group, operates a total of 39 restaurants, cafes and bars, many at airports. Emirates Leisure Retail identified that 2381 current and former employees were underpaid $4,722,350, plus $450,119 in superannuation, between 2014 and 2019. The largest individual back-payment was $53,614.

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Melbourne restaurant Calia collapses, owing $2 million to hospitality platform Liven

Inside Retail

Documents listed by the Australian Securities and Investments Commission (ASIC) show Calia Australia, which operates the flagship restaurant and retail store in the city’s Emporium shopping complex and a spin-off restaurant at the Chadstone shopping centre, appointed voluntary administrators on June 28.

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“We are expanding rapidly”: ShopBack Malaysia GM Eddy Han

Inside Retail

In February, ShopBack, a shopping, rewards and payments platform, partnered with Sunway Pyramid, a mall in Malaysia, on the ShopFiesta event to reward shoppers with promotions and giveaways. It was all about boosting in-store shopping. per cent year-on-year,” he told Inside Retail.

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Combat Inflation’s Impact by Streamlining Conversational Commerce Channels

Retail TouchPoints

In yet another sign that the COVID-generated ecommerce surge has subsided, the Salesforce Shopping Index reported flat ecommerce sales in the U.S. for Q1 2023 — the first period with no online sales growth since the Index debuted in 2014. And how are you giving them a value-added product or service for being loyal to you?

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Meet Missfresh, the Chinese grocery retailer offering 30-minute delivery

Inside Retail

Here, we chat with Missfresh about how the DMWs operate, how it’s digitalising fresh markets and its plans for the future. Can you explain a bit about how Missfresh has grown in popularity since launching in 2014? million) in 2020 and provided on-demand service to an accumulated number of 31 million customers in China by 2020.

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Mastercard Opens Applications to Small Businesses for Start Path Program

Small Biz Trends

Mastercard are particularly looking for start-ups that empower fellow entrepreneurs with the likes of digital payment solutions, data insights, and innovative tools to run their enterprises more efficiently and securely. Mastercard’s Shared Vision of Empowerment. Image: mastercard.