News

Regulation
EC Proposes Changing Market Definition to Consider Digital Ecosystems
November 08, 2022

The European Commission has published proposed changes to the European Union’s Market Definition Notice and asked for anyone interested to comment on the draft. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Checkout.com and Shieldpay Team on Escrow Payment Solution
November 08, 2022

Business-to-business (B2B) payment technology company Shieldpay on Tuesday (Nov. 8) announced a partnership with eCommerce payment platform Checkout.com that will allow the latter to leverage Shieldpay’s payment engine and digital escrow capabilities. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Subscription Merchants Battle Churn With Value and New Features
November 08, 2022

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Retail
Kohl’s CEO Headed to Levi’s After Bumpy Ride at Ailing Dept Store
November 08, 2022

After four and a half tumultuous years atop Kohl’s, in which the Wisconsin-based department store chain saw its valuation cut in half, CEO Michelle Gass is headed to San Francisco, where she will serve as president of Levi Strauss before taking over for current CEO...

eCommerce
Used Vehicle Platform Vroom Targets Profitability Over Growth
November 08, 2022

Used vehicle eCommerce platform Vroom is making progress on its goal of achieving profitability and liquidity ahead of growth, company executives said Tuesday (Nov. 8) during the company’s quarterly earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

eCommerce
Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
November 08, 2022

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Retail
Party City Says Halloween Sales at ‘Lower End of Expectations’
November 08, 2022

Consumers purchased Halloween decorations at a lukewarm rate in October and retailer Party City expects that to continue for the rest of the year.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Gap Sells China Retail Business to eCommerce Platform Baozun
November 08, 2022

In a move to better connect its retail brand to Chinese consumers, Gap has agreed to sell its local online business to Baozun, an eCommerce retailer in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Adidas Names Puma Head Bjørn Gulden as New CEO
November 08, 2022

Struggling sneaker giant Adidas has found its new CEO in Bjørn Gulden, the head of rival shoe brand Puma. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...