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vbfd Yelp Looking To Unload Eat24 To Grubhub For $287.5M
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As grocers increasingly tap contextual commerce, Kroger is making it possible for consumers to place orders for ingredients directly from their ovens touchscreens.GE Appliances announced Wednesday Dec. 13 a collaboration with the grocer, introducing a new feature for select Wi-Fi-connected wall ovens and ranges through which the LCD screens display recipes from Kroger and select consumer-packaged goods CPG brands. From there, consumers can choose to see the ingredients and the cooking instructions, with the option to add all items to their cart in one tap. Krogers technology-driven approach t stanley cup o creating convenient and seamless shopping experiences for its customers aligns with our vision to support our consumers throughout the meal preparation process, GE Appliances Chief Digital Officer Viren Shah said in a statement. We are thrilled to collaborate with Kroger and use our combined expertise in the food ecosystem to deliver experiences and features that truly resonate with consumers. The move follows on other smart kitchen contextual commerce integrations such as the connected refrigerators that offer shopping capabilities. PYMNTS Intelligence reveals that 9% of consumers own smart stanley de fridges, up from 5% in 2019.Many consumers are shopping for groceries via smart devices. According to the survey Consumer Interest in an Everyday App, a PYMNTS Intelligence and PayPal collaboration that draws on responses from more than 2,200 U.S. cons stanley termos umers, 61% of those who had shopped for Hcgw Citi Backs New Accelerator
Ironically, as the global economy has gotten stronger,聽payment cycles between buyers and suppliers have gotten longer.What was once an average of about 45 days聽from invoice to payment has increased to, on average,聽66 days聽in the U.K. For many small and medium-sized businesses SMBs in this market, buyers with big stanley cup brands stretch those cycles even further, with some taking as long as gourde stanley 90 to 120 days to pay suppliers, MarketInvoice CEO Anil Stocker noted in a recent conversation with Karen Webster and Barclays CEO of Business Banking Ian Rand.For larger, enterprise-level suppliers,聽Stocker聽 stanley mugs noted, that聽lumpy cash flow is solved in any number of ways, mostly by having more cash flow into their coffers via working capital lines that are readily available. For SMBs,聽particularly those in the asset light sectors fashion, publishing, advertising , long payment cycles聽turn into serious聽cash flow problems. That can be even more problematic if those supply chains have a lot of buyer concentration around a few key brands.Its a problem,聽Stocker noted,聽because聽small suppliers聽have no real say when it comes to the timing of those payments. This isnt a problem with late payments, Barclays Rand told Webster. Long payment cycles arent really late; theyre just long. SMBs that want to do business with those big brands have to plan and take their receivables lumps 鈥?and the lumpy cash flow that comes with it.Part of that planning in the U.K., said聽Stocker, is聽the solution MarketInvoice first to |
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