News

Investments
Blackstone Bets $23B on Last-Mile Logistics Firm Mileway
February 15, 2022

Alternative lender Blackstone Inc. says it will back a $23.8 billion recapitalization of Mileway, Europe’s largest urban warehouse operator and last-mile logistics company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Despite Attempts to Go Undetected, Shrinkflation Rankles Food Shoppers
February 15, 2022

At grocery stores and restaurants, as prices rise, containers are shrinking. 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 to our daily newsletter, PYMNTS Today. By completing...

Cross-border Payments
Korean FinTech WireBarley Collaborates With TenCent on Payments to China
February 15, 2022

Korean money transfer service WireBarley formed a partnership with Tencent Financial Technology for overseas remittances, the company said in a news release Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Kohl’s Opening 400 Sephora at Kohl’s Shops This Year
February 15, 2022

Kohl’s on Tuesday (Feb. 15) revealed the 400 stores across 36 states from Alaska to Maine that will house Sephora at Kohl’s shops by the end of this year, bringing the number of Sephora at Kohl’s stores to 600, keeping the company on target to...

Retail
Grabango Adding Checkout-Free Tech to MAPCO Stores
February 15, 2022

Checkout-free technology platform Grabango has partnered with convenience store chain MAPCO to add checkout-free operation to its locations across the southeastern U.S., starting in Tennessee, according to a Tuesday (Feb. 15) press release. Get the Full Story Complete the form to unlock this article and...

Retail
Kohl’s Reveals 400 New Sephora Store-in-Store Locations Amid Pressure to Transform
February 15, 2022

The big brand store-in-store partnership trend saw a major new backer Tuesday (Feb. 15) as embattled department store Kohl’s revealed plans to triple its recently launched Sephora venture and expand it to 400 additional locations this year — with another 250 slated to open in...

Regulation
Full Steam Ahead for Massachusetts Data Privacy Bill
February 15, 2022

Massachusetts residents are closer to having their privacy protected. 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 to our daily newsletter, PYMNTS Today. By completing this form,...

B2B Payments
LatAm Businesses Choosing Automated Invoicing Over Spreadsheets, Emails and Text Messages
February 15, 2022

In most countries in Latin America, it is mandatory that all business transactions must have an electronic invoice in the middle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Nigerian B2B Payments Startup Duplo Raises $1.3M
February 15, 2022

Duplo, a Nigeria B2B payment digitization startup, has raised $1.3 million in pre-seed funding, and announced it will take part in accelerator Y Combinator’s winter batch, according to published reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...