Luxury electric vehicle (EV) maker Lucid Motors and special purpose acquisition company (SPAC) Churchill Capital Corp IV (CCIV) are planning a merger to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
San Francisco-based Wells Fargo announced on Tuesday (Feb. 23) that it had reached an agreement to sell its asset management business for $2.1 billion to private-equity firms GTCR LLC and Reverence Capital Partners. That Wells Fargo division manages more than $603 billion. Get the Full...
The announced combination of Goodyear and Cooper Tire, the largest and fifth-largest tire manufacturers in North America, is set to not only increase competition with foreign and domestic rivals, but also raise the bar in the lucrative aftermarket retail services sector. Get the Full Story...
A three-month-old Los Angeles-based startup is using data analysis, artificial intelligence (AI) and 3D imaging to take on the traditional fashion industry, by only making clothes that people actually vote to wear — for a fraction of the cost and none of the waste. Finesse.us...
Macy’s reported on its Q4 and FY results on Tuesday (Feb. 23), which were led by a 21 percent increase in digital sales and rising delivery costs. The retailer also forecast that its eCommerce business would hit $10 billion by 2023. The company, best-known for...
Walgreens is growing on-demand delivery offerings with the help of Instacart to those who live in Illinois. The pharmacy retailer has intentions to launch the service throughout the country to almost 8,000 retail locations in future weeks, according to a Tuesday (Feb. 23) announcement. Get...
Home Depot said Tuesday (Feb. 23) its fourth-quarter revenue rose 25.1 percent, capping a record-breaking year of sales and earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
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 daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Over the last several years, more businesses have migrated their sales models to online platforms like Amazon in pursuit of a broader, global customer base, with B2B sellers quickly following suit. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
