Google and Jio Platforms said that work is progressing on their jointly developed made-for-India smartphone, adding that the release date is set for Friday, September 10, according to a Thursday (June 24) press release. The concept is to provide an affordable phone that will meet...
FedEx suspended service for roughly 1,400 freight customers without warning this month, a move the company said was designed to relieve its overtaxed shipping network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Barely five months after abandoning its bid to buy data Plaid, Visa is again going the data aggregation route — but this time in open banking’s proverbial backyard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With the launch of Gap Home on Walmart.com on Thursday (June 24), all eyes are on how Gap’s first foray and Walmart’s expansion further into home décor could shakeup an already competitive space. Get the Full Story Complete the form to unlock this article and...
The secondhand market is ready to explode, according to a report released Wednesday (June 23) by thredUP and GlobalData, with resale alone expected to grow 11 times faster than the broader retail clothing sector over the next five years. Get the Full Story Complete the...
Less than a month after closing its purchase of the iconic Eddie Bauer franchise, clothing conglomerate Authentic Brands Group struck again this week when it announced it was adding the Izod, Van Heusen and Arrow labels to its burgeoning portfolio. Get the Full Story Complete...
GOAT, an eCommerce sneaker and apparel marketplace, wrapped up a $195 million Series F funding round. The firm achieved a $3.7 billion valuation with the round, more than doubling the $1.8 billion valuation it attained after its Series E round unveiled in September 2020, according...
Rite Aid, which has more than 2,500 retail pharmacy locations throughout 17 states, reported that revenues from continuing operations climbed by 2.2 percent to $6.16 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
RV rental and outdoor rental marketplace Outdoorsy has raised $120 million in equity and debt financing, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
