News

International
Chinese Tech Firms Quietly Moving Business From Russia
May 06, 2022

While China has said it would sit out sanctions against Russia over its invasion of Ukraine, many of the country’s tech firms have begun backing away from doing business in Russia. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Today in Retail: Under Armour Looks to Recover From Unexpected Headwinds; Best Buy Expands Offerings
May 06, 2022

Today in retail, Goodyear overcomes supply chain disruptions to record its best first-quarter results in a decade, while Unilever teams with Robomart on hail-able ice cream trucks in Los Angeles. Plus, hiring in retail and hospitality sectors boosted April U.S. job growth, Amazon enters unprecedented...

Payment Methods
Indian Bank Rules Stop Apple App Store From Taking Credit/Debit Cards 
May 06, 2022

Apple can no longer accept debit and credit cards in its App Store as enforcement begins for new rules handed down by the Reserve Bank of India (RBI) last year, according to multiple media reports.   Get the Full Story Complete the form to unlock this...

Retail
UK’s Unilever Rolls out Hail-Able Ice Cream Truck
May 06, 2022

Typically, when consumers order an item for delivery, they expect to have the product delivered from the store to their door, not to have the store itself arrive outside their home. However, consumer packaged goods (CPG) giant Unilever is bringing the ice cream shop to...

Investments
Healthcare BNPL Firm Walnut Raises $110M
May 06, 2022

Healthcare buy now, pay later (BNPL) firm Walnut says it is planning to expand following a $110 million Series A funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Under Armour Gets Stomped, Says Unexpected Supply Chain, COVID and Asian Headwinds Are Temporary
May 06, 2022

With its stock cut in half over the past six months, Baltimore-based apparel and footwear retailer Under Armour said Friday (May 6) that investors need to be patient while the company works through a mix of headwinds it said were surprising but temporary. Get the...

Retail
Retail, Hospitality Hiring Drive US Job Growth
May 06, 2022

The U.S. economy added 428,000 jobs last month thanks in part to hiring in the hospitality and retail sectors, the Department of Labor said Friday (May 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Best Buy Adds Health, Outdoor and Transportation Products
May 06, 2022

Best Buy on Friday (May 6) announced it’s expanding some of its existing product lines and adding new ones that will soon be available in select Best Buy stores and on BestBuy.com, with a focus on health and wellness, outdoor living and transportation, all with...

Delivery
Aggregators’ Growth Shows Delivery Habits Buck the Great Reopening
May 06, 2022

The great reopening — of restaurants, of pharmacies and groceries — has not dented consumers’ to get doorstep delivery of essentials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...