Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced its launch into the U.S. Named as one of Australia’s fastest growing fintech companies by IDC, initial retailers integrating its “buy-now, pay-later” platform include leading fashion and lifestyle retailer Urban Outfitters Inc., and its portfolio of global brands including Urban Outfitters, Anthropologie and Free People.
Opterus Inc., a leading global provider of cost-effective, web-based store communications and task management solutions, announced that General Nutrition Centers Inc., a retailer devoted exclusively to helping its customers improve the quality of their lives, has chosen Opterus’ Store Ops-Center for its retail chain of over 4,300 domestic locations.
Chrome River Technologies Inc., a global leader in expense and supplier invoice processing software, announced that Edmonton-based The Little Potato Company will deploy the company’s cloud-based spend management solutions throughout its Canadian and U.S. operations.
Kohl’s announced POPSUGAR at Kohl’s, a new apparel collection to expand the retailer’s millennial brand portfolio launching this September. The innovative POPSUGAR at Kohl’s collection combines trends, media and an agile merchandising model that will use data and analytics to incorporate millennial customer intelligence.
Adobe announced it has entered into a definitive agreement to acquire Magento Commerce, a market-leading commerce platform, for $1.68 billion, subject to customary purchase price adjustments. The addition of the Magento Commerce Cloud will enable commerce to be seamlessly integrated into the Adobe Experience Cloud, delivering a single platform that serves both B2B and B2C customers globally.
Dedicated to documenting the sneaker culture, The Shoe Game is expanding its reach by joining digital media coalition Maven. Also known as TSG, The Shoe Game is one of the industry's most influential online sneaker information portals.
Gap Inc. and the United Nations Foundation announced that, for the third consecutive year, they will partner during Pride Month to raise awareness and funds for UN Free & Equal, a global campaign of the UN Human Rights Office to promote equal rights and fair treatment for lesbian, gay, bisexual, transgender and intersex (LGBTI) people globally. The partnership will include a portion of proceeds from sales of special Gap and Banana Republic t-shirts and eGift Cards across Gap Inc. brands to benefit UN Free & Equal.
ParTech Inc., a leading global provider of point of sale (POS) and workforce efficiency solutions to the restaurant and retail industries, announced Duck Donuts has selected PAR’s Cloud-Based Brink POS Software and EverServ 8115 terminals for all of its nearly 200 current locations as well as future stores. Duck Donuts, one of the fastest growing donut franchises in the U.S., specializes in Warm, Delicious and Made-to-Order!® donuts.