Other Retail

Ecommerce Innovator Spresso Secures Initial Series A Funding Led by Funds and Accounts Managed by BlackRock

Retrieved on: 
Tuesday, April 9, 2024
Artificial Intelligence, Professional Services, Restaurant, Bar, Office Products, Electronic Commerce, Convenience Store, Catalog, Data Analytics, Software, Other Retail, Wine & Spirits, Data Management, Tobacco, Supply Chain Management, Supermarket, Online Retail, Technology, Specialty, Luxury, Discount, Variety, Department Stores, Food, Beverage, Fashion, Cosmetics, Retail, Spend, AEON, Cloud, Aeon Group, Google Cloud, Algorithm, Growth, BHD, BlackRock, AI, Commerce, Analysis, Snowflake

Spresso , a leading provider of AI-powered solutions for ecommerce businesses, today announced an initial Series A investment from funds and accounts managed by BlackRock (“BlackRock”).

Key Points: 
  • Spresso , a leading provider of AI-powered solutions for ecommerce businesses, today announced an initial Series A investment from funds and accounts managed by BlackRock (“BlackRock”).
  • “BlackRock's investment signifies their continued confidence in our vision,” said Jared Yaman, CEO of Spresso.
  • Commerce Suite : Robust ecommerce platform for building and managing successful online storefronts, ensuring seamless customer experiences.
  • “We are excited to continue to support the company’s growth through this investment.”
    BlackRock first made a strategic investment in Spresso in May 2023.

POSaBIT to Host Fourth Quarter and FY 2023 Earnings Conference Call

Retrieved on: 
Tuesday, April 9, 2024
Software, Cannabis, Other Retail, Professional Services, Tobacco, Fintech, Specialty, Payments, Technology, Natural Resources, Retail, Finance, OTC, PBIT

POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on April 29, 2024 at 4:30 PM ET to discuss the results of the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on April 29, 2024 at 4:30 PM ET to discuss the results of the fourth quarter and full year ended December 31, 2023.

Brand Leaders Gather in NYC to Unpack the Topic of Inclusivity in Thought Leadership Event

Retrieved on: 
Tuesday, April 9, 2024
Department Stores, Other Retail, Specialty, Professional Services, Bridal, Fashion, Data Analytics, Retail, Footwear, Online Retail, Success, Marketing, Perspective, RSVP

MakerSights, a modern research partner providing brands with high-impact product and assortment insights across the product life cycle, announces its thought leadership discussion for industry leaders in retail.

Key Points: 
  • MakerSights, a modern research partner providing brands with high-impact product and assortment insights across the product life cycle, announces its thought leadership discussion for industry leaders in retail.
  • The Perspectives by MakerSights event will bring together Consumer Insights and Product executives in New York City on April 30, 2024, and promises to spark engaging dialogue.
  • The discussion will center on tackling inclusivity in the apparel and footwear space, expanding beyond the traditional considerations of race and gender into the powerful lens of income.
  • Success stories of brands effectively expanding into new income brackets while maintaining brand equity.

Piper Sandler Completes 47th Semi-Annual Taking Stock With Teens® Survey

Retrieved on: 
Tuesday, April 9, 2024
Technology, Communications, Entertainment, Food, Beverage, Research, Fashion, Teens, Generation Z, Cosmetics, Retail, Restaurant, Bar, Finance, Banking, Social Media, Professional Services, Data Analytics, Science, Other Technology, Consumer, Other Entertainment, Online Retail, Online, Other Retail, Tea, Celsius, Growth, Netflix, Piper Sandler Companies, Chick-fil-A, Partnership, Nike, Beauty, Coffee, Social media, Running, DECA, Red Bull, Starbucks, Multimedia, Gen

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, completes its 47th semi-annual Taking Stock With Teens® survey in partnership with DECA.

Key Points: 
  • Piper Sandler Companies (NYSE: PIPR), a leading investment bank, completes its 47th semi-annual Taking Stock With Teens® survey in partnership with DECA.
  • The Piper Sandler equity research team now has more than 61 million data points around teen preferences and spending in the 23 plus years of researching teens.
  • To see the full list of key findings, view the report summary and request the full survey report, visit pipersandler.com/teens .
  • We are seeing some significant shifts in brand preferences including the rise of smaller, innovative brands which are taking share from incumbents.

2024 Abrigo Fraud Survey: 61% of Americans Still Write Checks and Millions Fall Victim to Check Fraud

Retrieved on: 
Tuesday, April 9, 2024
Security, Generation Z, Generation X, Retail, Artificial Intelligence, Software, Finance, Banking, Consumer, Professional Services, Technology, Public Policy, Government, Fintech, Millennials, Law Enforcement, Emergency Services, Other Retail, Small Business, Training, Education, Social Security, Suspicious activity report, Risk management, Unemployment, COVID-19, Small business, Fraud, United States Postal Service, Financial Crimes Enforcement Network, City, Social, Booth, Human, Fear, FTC

Perhaps surprisingly, Gen Z and Millennials self-reported writing more checks than Gen Xers 45 – 54 years old:

Key Points: 
  • Perhaps surprisingly, Gen Z and Millennials self-reported writing more checks than Gen Xers 45 – 54 years old:
    Just over half (51%) of check fraud victims had been targeted two or more times.
  • The survey also found that small business owners more often were victims of financial fraud than others, with 57% reporting they’ve been targeted.
  • They also dealt with more check fraud too: 60% of small businesses experiencing check fraud reported two or more instances.
  • The survey revealed that small businesses have a greater awareness of check fraud technology (66%) than the general population.

Blain’s Farm & Fleet’s AnimalRX: A Timely Solution for Dairy & Meat Farmers amidst the Shifting Animal Medication Landscape

Retrieved on: 
Tuesday, April 9, 2024
FDA, Retail, Health, Consumer, Other Health, Online Retail, Pharmaceutical, Other Natural Resources, Other Retail, Agriculture, Specialty, Natural Resources, Veterinary, Pets, KitchenAid, Blain, Farmer, General store, Cub Cadet, Cuisinart, Farm, Roundup (herbicide), Livestock, Craftsman, Minwax, Prescription, Tefal, Blain's Farm & Fleet, Briggs & Stratton, OTC, GFI, JMF, DeWalt, Fiskars, Pet, Char-Broil, Multimedia, Animal, Graco, MTD Holdings, Dairy

This change now requires these medications, such as Oxytetracycline, Sulfisoxazole, Erythromycin, and others to be obtained with a prescription from a licensed veterinarian.

Key Points: 
  • This change now requires these medications, such as Oxytetracycline, Sulfisoxazole, Erythromycin, and others to be obtained with a prescription from a licensed veterinarian.
  • Many farmers don’t have time for this extra step, especially during critical periods, such as the ongoing calving season.
  • "Urgency in obtaining affordable prescriptions for your animals, especially during calving season, is crucial," stresses Steve McCombs, Buyer at Blain's Farm & Fleet.
  • "The introduction of farmandfleetrx.com stands as a dynamic and essential resource, aiding animal owners in effortlessly navigating the new regulatory landscape.

Master Magnetics Announces Acquisition by Factor89 Group

Retrieved on: 
Tuesday, April 9, 2024
Engineering, Retail, Other Retail, Manufacturing, Specialty, Other Manufacturing, Magnetism, History, Investment, Acquisition, CO, Development

Master Magnetics Inc., a US-based manufacturer and distributor of magnetics, is honored to announce its acquisition by Factor89 Group, a specialized private equity firm with a history of successful investments in the manufacturing and distribution industry.

Key Points: 
  • Master Magnetics Inc., a US-based manufacturer and distributor of magnetics, is honored to announce its acquisition by Factor89 Group, a specialized private equity firm with a history of successful investments in the manufacturing and distribution industry.
  • “For 48 years, Master Magnetics has committed to delivering exceptional products and has built a strong customer base.
  • Master Magnetics will continue to operate from its headquarters in Castle Rock, CO, with Brown continuing in her role.
  • “We are thrilled to be a part of Master Magnetics.

Upbound Group, Inc. Announces Timing of First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, April 9, 2024
Retail, Home Goods, Specialty, Other Retail, Webcast, The Company, Interest

Upbound Group, Inc. (the "Company" or "Upbound") (NASDAQ: UPBD), a leading provider of technology-driven, flexible leasing solutions for consumers through its operating brands that include Rent-A-Center® and Acima®, today announced that it will report financial results for the first quarter of 2024 before the market open on May 2, 2024, followed by a conference call beginning at 9:00 a.m.

Key Points: 
  • Upbound Group, Inc. (the "Company" or "Upbound") (NASDAQ: UPBD), a leading provider of technology-driven, flexible leasing solutions for consumers through its operating brands that include Rent-A-Center® and Acima®, today announced that it will report financial results for the first quarter of 2024 before the market open on May 2, 2024, followed by a conference call beginning at 9:00 a.m.
  • ET to discuss the results.
  • Interested parties can access a live webcast of the conference call via this link ( webcast link ).
  • ET.

P&G Declares Dividend Increase

Retrieved on: 
Tuesday, April 9, 2024
Retail, Other Retail, Home Goods, Manufacturing, Specialty, Other Manufacturing, Common stock, P&G, 134th

The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared an increased quarterly dividend of $1.0065 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after May 15, 2024 to Common Stock shareowners of record at the close of business on April 19, 2024, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareowners of record at the start of business on April 19, 2024.

Key Points: 
  • The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared an increased quarterly dividend of $1.0065 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after May 15, 2024 to Common Stock shareowners of record at the close of business on April 19, 2024, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareowners of record at the start of business on April 19, 2024.
  • This represents a seven percent increase compared to the prior quarterly dividend.
  • This reinforces our commitment to return cash to shareowners, many of whom rely on the steady, reliable income earned with their investment in P&G.
  • It marks the 68th consecutive year that P&G has increased its dividend and the 134th consecutive year that P&G has paid a dividend since its incorporation in 1890.

ReposiTrak Adds 20 New Suppliers to Rapidly Expanding Food Traceability Network

Retrieved on: 
Tuesday, April 9, 2024
Technology, Other Retail, FDA, Specialty, Software, Food, Beverage, Health, Data Management, Supply Chain Management, Retail, Software as a service, RTN, CTE, Ice cream, KDES-FM, TRAK, Cheese

ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of 20 dairy and shell egg suppliers to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of 20 dairy and shell egg suppliers to the ReposiTrak Traceability Network® (RTN).
  • The 20 suppliers are using RTN to share FDA-required food traceability data with five different retail and wholesale customers.
  • “The ReposiTrak Traceability Network simplifies food traceability for suppliers, whether you’re sharing data with one customer or multiple wholesalers and retailers like these dairy and egg suppliers," stated Randy Fields, chairman and CEO of ReposiTrak.
  • “It’s also important for suppliers to know that through ReposiTrak, you can share traceability KDEs for any food – on or off the Food Traceability List."