Kroger is launching a test of its new drone delivery program this week, the Cincinnati-based supermarket company announced in a Monday (May 3) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Would you go to TikTok for financial advice? If you’re among the younger people to whom the social media platform caters, the answer might be yes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Verizon said on Monday (May 3) that it is selling off its media business, which includes Yahoo and AOL, to private equity firm Apollo Global Management for $5 billion. The telecom giant will still own 10 percent of Verizon Media, which is simply being called...
PC maker Dell Technologies has reached a deal to sell its cloud business, Boomi, to global investment firm Francisco Partners and private-equity platform TPG Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
New research by PYMNTS shows that the long, steady revenue uptrend Amazon has posted over the past decade is set to continue and accelerate, not only breaking the current 9 percent domestic market share tie by the middle of next year, but also opening up...
Estée Lauder, the country’s largest cosmetics firm, said Monday (May 3) that “soft demand” for makeup and continued COVID outbreaks around the world crimped its latest results, but said it was seeing signs of increased demand in Asia. Get the Full Story Complete the form...
With cryptocurrencies like bitcoin beset by price spikes (and slides), a nonprofit organization plans to test the concept of a U.S. central bank digital currency in at least five pilot programs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
7-Eleven franchisees are calling on their franchisor to take another look at its requirement that retail locations begin their round-the-clock operations again starting on May 24, 2021, as they are “faced with a crippling shortage of labor, higher operating costs, lower gross margin and lower...
Fishing brand, content and commerce platform Catch Co. wrapped up a $38 million Series B funding headed up by True Ventures along with participation from TechNexus, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...