Electronic Commerce

Pepper Announces Expansion of Smart Solutions for Independent Foodservice Distributors

Retrieved on: 
Friday, May 3, 2024

In a strategic move to empower independent food distributors and revolutionize digital advertising in the foodservice industry, Pepper is thrilled to announce the expansion of Smart Solutions – a groundbreaking digital advertising and promotion platform.

Key Points: 
  • In a strategic move to empower independent food distributors and revolutionize digital advertising in the foodservice industry, Pepper is thrilled to announce the expansion of Smart Solutions – a groundbreaking digital advertising and promotion platform.
  • “Pepper and Smart Solutions are the 'X-Factor' for us in the independent distribution space,” says Quan Ngo, Division Vice President at Aspire Bakeries.
  • Pepper is excited to continue expanding adoption of Smart Solutions, continuing to fuel the growth engine for independent food distributors.
  • For further information about Smart Solutions or to participate in this innovative program, please visit http://lets.usepepper.com/smartsolutions .

Global Blue Announces Repricing of Term Loan and Revolving facility

Retrieved on: 
Friday, May 3, 2024

In light of this ongoing recovery and deleveraging trajectory, the Company launched a repricing of its seven year €610 million senior secured term loan (“Term Loan”) and €97.5 million senior secured revolving credit facility (“Revolving Facility”).

Key Points: 
  • In light of this ongoing recovery and deleveraging trajectory, the Company launched a repricing of its seven year €610 million senior secured term loan (“Term Loan”) and €97.5 million senior secured revolving credit facility (“Revolving Facility”).
  • The Company today announced that its subsidiary Global Blue Acquisition B.V. (the “Borrower”) has successfully allocated the repricing of Term Loan and Revolving Facility.
  • The repricing is expected to close on or prior to 30 June 2024 and upon closing will reduce the interest rate margin applicable to the Borrower under the Term Loan by 100 basis points from 5.00% p.a.
  • and the Revolving Facility by 100 basis points from 4.50% to 3.50%, in each case subject to further reduction pursuant to a margin ratchet based on leverage.

ARBA Retail System releases Microservices on Azure

Retrieved on: 
Friday, May 3, 2024

ARBA Retail Systems, a leader in cloud POS solutions for the retail and food services industry, announced today the release of our completely rewritten POS platform in Microservices for our Hospital retail and cafeteria customers in addition to our other corporate customer base as well.

Key Points: 
  • ARBA Retail Systems, a leader in cloud POS solutions for the retail and food services industry, announced today the release of our completely rewritten POS platform in Microservices for our Hospital retail and cafeteria customers in addition to our other corporate customer base as well.
  • The new POS solution design and architecture leverages the intelligent azure cloud by using Microservices with the following benefits to our customers:
    Microservices architecture helped us build applications where each service or function is built and deployed independently.
  • Microservices APIs can be published for internal and external consumption while managing concerns regarding authentication, authorization, caching, transformation, throttling and management, with Azure API Management.
  • ARBA Retail Systems is a leading provider of enterprise grade technology solutions for the retail, healthcare and foodservices industries with clients located across the United States and Canada.

Global Blue Announces Date For Q4 and FY 2023/24 Financial Results

Retrieved on: 
Friday, May 3, 2024

On June 5, 2024, before the market opens, Global Blue Group Holding AG (NYSE: GB and GB.WS) will release its financial results for the fiscal year ended March 31, 2024, in its Annual Report on Form 20-F.

Key Points: 
  • On June 5, 2024, before the market opens, Global Blue Group Holding AG (NYSE: GB and GB.WS) will release its financial results for the fiscal year ended March 31, 2024, in its Annual Report on Form 20-F.
  • The financial results will include Management’s Discussion and Analysis of the Financial Position and Results of Operations in addition to the accompanying Consolidated Financial Statements and Notes, press release and investor presentation.
  • An audio recording of commentary on the results by Jacques Stern, Chief Executive Officer, and Roxane Dufour, Chief Financial Officer, will also be made available.

Block Announces First Quarter 2024 Results

Retrieved on: 
Thursday, May 2, 2024

Block, Inc. (NYSE: SQ) has posted its results for the first quarter of 2024 on the Financials section of its Investor Relations website at investors.block.xyz and filed these results with the Securities and Exchange Commission.

Key Points: 
  • Block, Inc. (NYSE: SQ) has posted its results for the first quarter of 2024 on the Financials section of its Investor Relations website at investors.block.xyz and filed these results with the Securities and Exchange Commission.
  • Block will host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time today to discuss these financial results.
  • Block also announced today a strategic investment into bitcoin following numerous positive developments both within the company and in the broader market.
  • In April, Block implemented a bitcoin dollar cost average (DCA) purchase program that will run through 2024.

Digital River Survey Finds Consumers Express Optimism for Future Finances Despite Economic Pressures

Retrieved on: 
Thursday, May 2, 2024

Global economic worries persist, yet consumers are less concerned about personal finances compared to previous years.

Key Points: 
  • Global economic worries persist, yet consumers are less concerned about personal finances compared to previous years.
  • Despite facing heightened financial strain, a significant portion of consumers anticipate a brighter financial future ahead, with hopes for improvement over the next year.
  • Over half (55%) of consumers are concerned about the current state of their country’s economy, with 54% feeling more stressed about their personal finances.
  • Yet compared to 2022, consumers are generally more optimistic about the future of their financial situation.

NCR Voyix and Olo Expand Long-Standing Partnership to Satisfy Restaurants’ Guest Data Needs

Retrieved on: 
Thursday, May 2, 2024

NCR Voyix (NYSE: VYX), a leading global provider of digital commerce solutions, and Olo (NYSE: OLO), a leading restaurant technology provider, are expanding their long-standing partnership with the integration of Olo solutions onto the NCR Voyix Commerce Platform.

Key Points: 
  • NCR Voyix (NYSE: VYX), a leading global provider of digital commerce solutions, and Olo (NYSE: OLO), a leading restaurant technology provider, are expanding their long-standing partnership with the integration of Olo solutions onto the NCR Voyix Commerce Platform.
  • Together, the two companies support restaurants embracing digital innovation that better enables them to deliver holistic, exceptional guest experiences through technology and data collection.
  • “The restaurant industry is transforming from disjointed physical and digital guest experiences to unified, consistent guest experiences across all channels that seamlessly blend together,” said Benny Tadele, EVP & president of NCR Voyix, Restaurants.
  • This deeper integration with Pay and Engage will arm restaurants with higher volumes of data to cater to evolving guest expectations and drive more personalized experiences.”
    Olo Order integrations with the NCR Voyix Commerce Platform are live now.

Ubiquity Retirement + Savings Reveals Rebranding to Elevate User Experience

Retrieved on: 
Thursday, May 2, 2024

Ubiquity Retirement + Savings started a new era in their journey, showcasing a new logo and revamped website that are part of their larger rebranding initiative.

Key Points: 
  • Ubiquity Retirement + Savings started a new era in their journey, showcasing a new logo and revamped website that are part of their larger rebranding initiative.
  • The reimagined features are accompanied by their industry-leading technology and world-class support team.
  • They have also upgraded a plethora of their resources including calculators and step-by-step articles to enhance user experience.
  • Noticing that small businesses couldn’t access the same retirement benefits that big companies had, Parks closed the gap by pioneering The Online 401(k) back in 1999.

WEX to Present at Upcoming Investor Conferences

Retrieved on: 
Thursday, May 2, 2024

WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that it will present at the following upcoming investor conferences:

Key Points: 
  • WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that it will present at the following upcoming investor conferences:
    On Wednesday, May 15, WEX’s Senior Vice President of Global Investor Relations, Steve Elder, will present at the Barclays Emerging Payments and FinTech Forum at approximately 4:10 PM ET.
  • A webcast of the presentation will be available live on the Investor Relations section of the Company’s website, http://ir.wexinc.com , or through the following address: https://cc.webcasts.com/barc002/051524a_js/?entity=8_4SYYBJF .
  • On Tuesday, May 21, WEX’s Chair and Chief Executive Officer, Melissa Smith, will present at the JPMorgan Global Technology, Media and Communications Conference at approximately 5:05 PM ET.
  • A webcast of the presentation will be available live on the Investor Relations section of the Company’s website, http://ir.wexinc.com , or through the following address: https://jpmorgan.metameetings.net/events/tmc24/sessions/51258-wex-inc/we... .

ZenBusiness to Launch New AMA Series with Inaugural AMA Led by CEO Ross Buhrdorf on Starting, Running and Growing a Business

Retrieved on: 
Thursday, May 2, 2024

These private Zoom sessions aim to equip ZenBusiness small business owners with the tools and knowledge necessary to navigate the complexities of starting and running a business.

Key Points: 
  • These private Zoom sessions aim to equip ZenBusiness small business owners with the tools and knowledge necessary to navigate the complexities of starting and running a business.
  • The year-long AMA program will feature a lineup of AMA sessions with various ZenBusiness leaders, each providing their unique insights and expertise.
  • This series is part of the ZenBusiness commitment to empowering business owners to reach their dreams and achieve success with guidance from internal experts and ZenBusiness partners.
  • "Announcing this AMA series during Small Business Week underscores our core mission to simplify the challenges of small business operations so customers can focus on doing what they love," said Ross Buhrdorf, CEO of ZenBusiness.