Canada’s largest online car shopping and delivery platform says it plans to expand with the help of $100 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Running a business that has 50 percent inefficiency baked into the single-largest cost center — labor — would likely be unacceptable for most companies. And yet, for many of the nation’s retailers, that untenable scenario is not an academic case study or a doomsday scenario...
Increased traffic at Target’s retail locations in the second quarter drove the company to strong year-over-year sales growth, giving the Minnesota-based retailer confidence that it’s on the right track as investments in its operations continue unabated. Get the Full Story Complete the form to unlock...
Old Navy on Friday (Aug. 20) will unveil a new integrated shopping experience that brings together all of its women’s styles in sizes 0 to 30 and XS to 4X with no price difference in all 1,200-plus stores and online “to be more size inclusive,”...
North Carolina-based Lowe’s saw its comparable sales slip by 1.6 percent in the second quarter, the company said on Wednesday (Aug. 18), led by a drop of 2.2 percent in the company’s home improvement business. Get the Full Story Complete the form to unlock this...
T-Mobile confirmed that hackers stole sensitive data on more than 40 million customers, and is now offering McAfee identity protection services at no charge for two years, according to a Tuesday (Aug. 17) T-Mobile press release and media outlets. Get the Full Story Complete the...
Commercial card innovation continues to explore ways to expand the value proposition for corporate spenders and the businesses they pay. But this week’s top corporate card story centers on a new FTC lawsuit taking aim at a not-so-valuable feature: excessive fees. Get the Full Story...
Real-time payments aren’t only getting off the ground in more markets across the globe, but they’re also gaining traction in B2B payments — an ecosystem once assumed to be off-limits for instant transaction functionality. Get the Full Story Complete the form to unlock this article...
Chinese President Xi Jinping is calling for wealth redistribution that includes a framework for “common prosperity,” curbing excessive incomes and working to avert financial risks, according to state media reports and other news outlets. Get the Full Story Complete the form to unlock this article...
