News

International
Singapore’s Coda Payments Pushing for $4B Valuation 
November 24, 2021

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...

Investments
Visa Invests in Open Banking Platform Basiq
November 24, 2021

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...

Retail
Gap Leans on Multi-Brand Approach to Weather Supply Chain Issues
November 24, 2021

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...

Retail
Nordstrom Still Looking to Recapture Pre-Pandemic Glory
November 24, 2021

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...

Retail
Best Buy Adds More Outdoor Furniture Options With Yardbird Acquisition
November 24, 2021

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...

Retail
‘Smash and Grab’ Theft Trend Scares Shoppers and Workers, Threatens Mall Traffic
November 24, 2021

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...

Retail
Merchants Pin Holiday Hopes on Financially Healthy Consumers
November 24, 2021

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...

Retail
The Digital Consumer Has Redefined Retail’s ‘Normal’
November 24, 2021

For many people and companies, there exists a burning desire to move past the global pandemic and return to some semblance of “normal,” which most take to mean a resumption of life as it was approximately two years ago. Get the Full Story Complete the...

Cross-border Payments
Brazilian Bundle Me on How Alternative Payment Options Are Driving Cross-Border Sales
November 24, 2021

Beauty shoppers around the world want what they want and pay for it with what they have in their digital wallets. In the Cross-Border Retail Payments Tracker, Na’Imah Muhammad, owner of wig and hair extension retailer Brazilian Bundle Me, explains how offering alternative payment methods...