News

Retail
Vehicle Brands Offer Car Shoppers a Seamless Experience Online and In-Store
January 12, 2022

About five years ago, Toyota saw that potential customers who were shopping for cars online were turning to third-party websites to get some information they couldn’t get elsewhere. Toyota sites, regional sites and dealer sites were not always consistent across the country and didn’t always...

Retail
UK Retailers Buoyed by Holiday Shopping Season
January 12, 2022

Retailers J Sainsbury, JD Sports and Dunelm all upgraded their earnings forecasts after they enjoyed a flurry of activity during the holiday shopping season, enough to overcome ongoing supply chain snafus and increasing costs of goods and services across the board during the COVID-19 pandemic....

Retail
Citing ‘Usedphoria,’ GM’s CarBravo Unit Crashes Secondhand Vehicle Party
January 12, 2022

Hoping to bottle the emotion it calls “Usedphoria,” General Motors driving into online used vehicle sales is the latest and largest example of brands retaking control of reCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Report: British Private Equity Firm CVC Joins Bain Capital in Joint Bid for Walgreens Boots...
January 12, 2022

Bain Capital and CVC Capital Partners are putting together a multibillion-pound joint bid for pharmaceutical giant Boots, according to multiple reports Tuesday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
NVIDIA, Arm Tell UK Competition Watchdog Why It Should Approve Their Deal
January 12, 2022

Silicon Valley chip maker NVIDIA and United Kingdom chip designer Arm are fighting back as a U.K. competition regulator considers blocking NVIDIA’s proposed $40 billion deal to buy Arm from tech conglomerate SoftBank. Get the Full Story Complete the form to unlock this article and...

Investments
SMB Travel Platform TravelPerk Raises $115M
January 12, 2022

TravelPerk, a European travel management company, has raised $115 million in a new funding round, bringing the value of the startup to $1.3 billion.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
China’s Rules on Algorithms are Promising; the Devil is in the Details
January 12, 2022

China just completed its draft of new rules to regulate how companies use algorithms, which will take effect on March 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Data Sharing, Elevated Analytics Driving ‘Tectonic Shift’ in Consumer-Led Retail Growth
January 12, 2022

Long before there were computers and digital databases and online and in-store shopper analytics, the art of “selling consumers what they want to buy” had been a core tenet of the retail industry. Get the Full Story Complete the form to unlock this article and...

B2B Payments
What Do Busy Real Estate Agents and Truckers Have In Common? Both Need Better Data
January 12, 2022

At a glance, there don’t seem to be many similarities between selling real estate and trying to keep a fleet of long-haul trucks on time and on the move, but there is at least one area where these two bustling businesses both need to improve:...