Apple iPhones and other electronics are out of reach for people in Turkey after the lira continues dropping, losing 40% in value since the start of 2021, 20% since the beginning of last week, and a historic 15% in a single day, according to multiple...
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Singapore’s Coda Payments Pte is seeking a valuation of at least $4 billion as it explores a sale or initial public offering (IPO), according to a Tuesday (Nov. 23) Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Australia-based open banking platform Basiq will use an investment from Visa to step up its API efforts, according to a Wednesday (Nov. 24) blog post on the company’s website. The amount of the investment was not disclosed. Get the Full Story Complete the form to...
Supply chain constraints battered Gap Inc. in the third quarter, leading the apparel company to revise its projections for the fourth quarter as executives expect bottlenecks to persist into 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Nordstrom, Inc. executives know they have to make changes to bring customers back and return to the profitability of 2019, before the COVID-19 pandemic transformed the way people shop. During its third-quarter earnings call on Tuesday (Nov. 23), the retailer said it’s still trying to...
Best Buy on Tuesday (Nov. 23) announced its latest addition to its growing outdoor living suite of offerings with the acquisition of premium outdoor furniture company Yardbird. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It’s always the unexpected things, it seems, that cause the worst problems. 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...
Consumers are more ready than ever to spend in the coming weeks and months, with robust savings and pent-up demand built during the pandemic, leading several retail executives to project healthy sales going into 2022. Get the Full Story Complete the form to unlock this...
