News

Ridesharing
Lyft Rolls Out Modified Shared Rides
July 15, 2021

With cities around the country easing their COVID restrictions, Lyft has reintroduced shared rides, its lowest-cost ride option, in three U.S. cities. The feature will roll out in Philadelphia, Chicago and Denver, with more cities to follow, the ride-hailing service said on Thursday (July 15)....

Retail
Netflix To Go From Movies And TV To Gaming
July 15, 2021

Netflix is looking to expand into the world of video games, and has recruited a former executive from Electronic Arts Inc. to help with the effort. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Today In Retail: thredUP, LG Team On Closet Clean Outs; Walmart Collaborates With Tween Brand...
July 15, 2021

In today’s top retail news, thredUP will fuel a clothing clean out effort on behalf of LG home appliances, while Walmart is growing its fashion assortment by working with tween brand Justice. Plus, Eddie Bauer is launching a new gear and apparel rental program. Get...

Partnerships / Acquisitions
NortonLifeLock Looks To Acquire Cybersecurity Firm Avast
July 15, 2021

NortonLifeLock is working on a deal to acquire Prague cybersecurity software firm Avast, which trades on the London Stock Exchange, The Wall Street Journal reported on Wednesday (July 14). Based in Arizona, NortonLifeLock has until Aug. 11 to formally announce its bid intentions. Get the Full Story...

Security & Fraud
White House Ransomware Task Force Tries To Stem The Tide Of Attacks
July 15, 2021

Nothing is off the table now in the fight against cybercrime and those related to ransomware. Not only are there rewards for tips on who’s behind the attacks, but a new task force put in place by the White House could even turn the tables...

International
China’s Economy Shows Mixed Second-Quarter Momentum
July 15, 2021

Amid rising commodity prices and supply chain disruptions, the economy in China saw a slowdown from April through June from its accelerated pace between January and March of this year, according to a government press release on Thursday (July 15).  Get the Full Story Complete...

Retail
Walmart Grows Fashion Assortment By Teaming With Tween Brand Justice
July 15, 2021

In an ongoing effort to revitalize its apparel business, Walmart said on Thursday (July 15) that it will add the popular Justice brand line of kids’ clothing and accessories to roughly half of its U.S. stores and its website. Get the Full Story Complete the...

Retail
Eddie Bauer Launches Outdoor Apparel And Gear Rental Program
July 15, 2021

The 100-year-old iconic sportswear retailer Eddie Bauer said it is launching a new gear and apparel rental program as a way to give customers the confidence and equipment they need to embrace the growing trend toward outdoor activities. Get the Full Story Complete the form...

Retail
David’s Bridal Loyalty Program Tops 500K Amidst Rebound In Weddings
July 15, 2021

When David’s Bridal started its inaugural loyalty program in December, it was the end of a tough year for the wedding industry. Countless brides had to downsize or postpone their nuptials because of COVID-19, and some retailers were left wondering when the market would return....