-
Amazon in big restaurant push
Amazon is upping its restaurant delivery program in a move to add some of the nation's best-known chains to its menu. Olo, a New York-based food delivery service, announced that it is integrating Amazon Restaurants’ delivery service into its ordering platform. The collaboration potentially gives the online giant access to 200 restaurant brands, including Chipotle, Denny’s, Five Guys Burgers & Fries and Jamba Juice, among others. -
Study: Fraud losses, management eat up more than one-fifth of retailer revenue
Merchants’ fraud costs are a growing expense — and the pace shows no sign of slowing. Fraud losses and management eat 8% of the average e-commerce retailer’s revenue, up from 7.6% in 2016, according to “2017 Financial Impact of Fraud Study: Exploring the Financial Impact of Fraud in a Digital World.” The report is from Vesta Corp. and Javelin Strategy & Research.

