News

International
Payments Company Square Launches In Ireland
May 20, 2021

San Francisco-based Square said that its services are now available in Ireland, its first country in the Eurozone. The company said in a press release that its software, payments and hardware products will work for small to medium-sized businesses (SMBs) as well as big companies....

Retail
Klarna Offers BNPL Service On More Retail Sites, From Aéropostale To Brooks Brothers
May 20, 2021

Buy now, pay later firm Klarna has partnered with two major retail powerhouses, SPARC Group and Authentic Brands Group (ABG), to offer its “Pay in 4” BNPL service to more retail brands. Their online shoppers can now pay in four interest-free installments. Get the Full Story Complete the form to unlock...

Retail
Google Joins Big Tech Peers With First Brick-and-Mortar Retail Location
May 20, 2021

Another Big Tech player has unveiled plans to join the physical retail party, as Google has announced it will open its first-ever physical retail location in Manhattan’s Chelsea district. In a blog post, Google characterized its new retail location as “a space where customers can...

International
Tencent Ups Spending To Compete With Alibaba
May 20, 2021

China’s Tencent Holdings said on Thursday (May 20) that it wants to put a greater portion of this year’s incremental profits  into sectors that include games, short-form video and cloud services. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Grocery Roundup: Goodbye, Amazon Go Grocery
May 20, 2021

Amazon Go Grocery is Amazon going, going, gone. The format, which launched in early 2020 as a grocery offshoot of the Amazon Go convenience store chain, included two stores, both in Washington state. One, in Redmond Washington, will be permanently closed, while the other, in...

Investments
Goldman Sachs Courting Investors For Startups
May 20, 2021

GS Growth, a unit of Goldman Sachs that buys stakes in startup firms, has spent the past few months wooing outside investors, The Wall Street Journal reported Thursday (May 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
From Beds To Bird Feeders: Expanding Home Improvement Category Extends Nesting Trend
May 20, 2021

A spate of solid earnings reports in the home improvement and furnishings space this week has allayed fears that the red-hot nesting trend spawned by the pandemic was starting to fade. As much as the status of the fight against COVID has changed, so too...

Retail
Today In Retail: Petco’s Sales Surge Amid Growth In Pet Ownership; Ralph Lauren’s Global Digital...
May 20, 2021

In today’s top retail news, Petco’s revenues surged amid growth in pet ownership, while Ralph Lauren’s worldwide digital revenue accelerated throughout owned and wholesale digital channels. Plus, Kohl’s reported net income in the first quarter compared to a loss in 2020. Get the Full Story...

Digital Banking
Revolut Business Introduces FX Forwards In The UK
May 20, 2021

Revolut Business, the business account from the FinTech super app Revolut, has rolled out currency forward contracts (FX forwards) in Great Britain, according to a Thursday (May 20) announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy...