Italian ‘buy now, pay later’ specialist Scalapay has completed a funding round worth €131 million ($150 million), that will enable the company to bolster its personnel growth and international expansion plans.
Personalisation remains key in the battle to attract online customers, a new report confirms. According to research among 200 UK retailers, 90% of retailers have implemented some form of personalisation strategy.
Buy-now-pay-later lender Klarna has acquired fledgling social shopping platform Hero for around £115 million, according to people familiar with the deal. It will be added to Klarna’s platform of 250,000 retail partners.
A matter of weeks after changing its corporate name to reflect a greater fashion focus, the Birmingham, Alabama-based sportswear retailer has announced the opening of two new locations in North and South Carolina.