In today’s top retail news, Ralph Lauren plans to sell its Club Monaco brand to a private equity firm, while Dillard’s total retail sales soared in the first quarter from the prior year. Plus, total U.S. retail and food sales stalled in April. Get the...
Facebook has lost a legal privacy battle in Ireland that could force the mammoth social media company to cease transferring data to the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Irish Health Service shuttered its computer systems Friday following what it called a “significant” ransomware attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Indonesia’s ride-hailing firm Gojek acquired a 4.76 percent stake in the hypermarket business Matahari Putra Prima from its parent company Multipolar, Nikkei Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In today’s top news, PayPal acquired Happy Returns, Coinbase reported $1.8 billion in revenues in its first-quarter report and AirBnb sees a travel boom for the rest of 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
General Mills is purchasing Tyson Foods’ pet treats division for $1.2 billion as the food giant bulks up its pet-related offerings in an era of increased dog and cat adoption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Great Britain’s Financial Conduct Authority (FCA) has instituted a new consumer duty designed to give consumers greater protection when dealing with retail financial market firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Stripe, the tech company working on economic infrastructure for the internet, will acquire Bouncer, 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. yesSubscribe to...
It’s been an exciting week in payments, but then the payments and commerce world is always something of a never-a-dull-moment environment. But even by local standards the week was one to watch as bitcoin suffered a mini-bust on the news that Tesla will no longer...