Layaway, which was all but dead a decade ago, is increasingly the competitive weapon of choice for discount retailers. Kmart is wrapping up a no-down-payment layaway promotion for loyalty customers that appears specifically designed to undercut Walmart’s layaway. Get the Full Story Complete the form...
Order imbalances may have delayed Alibaba’s initial public offering for a bit on Friday (Sept. 19), but the company made a ton of money nonetheless. It’s stock price opened at $92.70 per share on the New York Stock Exchange, 46 percent higher than the $68...
Robust economic growth in the U.S. and United Kingdom, combined with a gradual recovery in the Eurozone, should help strengthen global economic activity over the next year, according to the latest HSBC Trade Confidence Index. However, rising geopolitical tensions could weaken such projections. Get the...
With $30 billion in annual sales and operating in more than 70 countries, 3M has an active global B2B commerce program, selling products to a wide range of international wholesalers, retailers, distributors and dealers. Moreover, with its global enterprise resource planning system and a new...
With 49 percent of securities professional looking to own a piece of the world’s largest e-commerce conglomerate, Alibaba is what we are going to be talking about for the next few weeks. Some analysts are beating the crowds, and PYMNTs has organized the top 15...
While many commentators are describing the Alibaba IPO unfolding on Wall Street today (September, 18) as the emergence of the “Chinese Amazon,” BlueSnap CEO Ralph Dangelmaier and economist Vanessa Zhang of the Global Economics Group agree that Alibaba is quite a bit more than that....
Much has been written, and opined, over the past week since Apple introduced Apple Pay and entered the payments market. But how might the service affect B2B payments? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.S., European and Asian merchants wanting access to Chinese consumers and businesses now may enable customers in that country to pay using Alipay under a partnership payment-technology provider Zooz announced today with China’s popular online-payment service. Get the Full Story Complete the form to unlock...
This past summer, the Consumer Financial Protection Bureau began soliciting comments on mobile financial-services use. It’s goal is to learn more about how technology is affecting consumer opportunities and challenges. In their comments to the bureau, FTC staff identified its five mobile concerns and what...
