Starbucks will assist the state of Washington with distributing the COVID-19 vaccine. The coffee chain has tasked 11 staffers who have knowledge in R&D, operations, and labor and deployment with full-time work on distributing the vaccine in Washington, NBC News reported, citing the company. Get...
When the pandemic hit, Corporate Spending Innovations (CSI) worked with its customers to help them adapt to newly remote working environments, and plans to continue leading them toward B2B digitization in 2021. “We will focus on helping businesses of all sizes and in all industries...
The number of U.S. convenience stores fell 1.6 percent during 2020 as the COVID-19 pandemic depressed crucial gasoline sales and brick-and-mortar retail contracted in general, but many shops are fighting back with digital technology and other upgrades. Get the Full Story Complete the form to...
Office Depot is rejecting a $2.1 billion offer from Staples to buy the company outright, but is offering to either sell just Office Depot’s retail business or combine Office Depot and Staples stores and run them as a joint venture. Get the Full Story Complete...
Alice Chang has worked as an investment banker, and helped take a company called CyberLink to a successful initial public offering (IPO) and eventual $8.5 billion valuation. Then she founded beauty-tech firm Perfect Corp., which this month closed a $50 million Series C funding round...
Retail giant Walmart is partnering with global money movement leader Western Union to offer in-store payments and transfers. 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...
As reported, President-elect Joe Biden nominated Rohit Chopra, a commissioner at the Federal Trade Commission (FTC), to lead the Consumer Financial Protection Bureau (CFPB), replacing Kathy Kraninger as director (who remains in her post in a term that technically runs through 2023, but is likely...
Bed Bath & Beyond Inc. said on Tuesday (Jan. 19) that it has finished its sale of Cost Plus World Market (CPWM) to California-based private equity firm Kingswood Capital Management, according to a statement. Get the Full Story Complete the form to unlock this article and...
In “A Look Forward: What Executives Wish for America and the World in 2021,” Manish Kohli, global head of payments and receivables for Citi, discusses how his firm is leveraging its digital capabilities and global footprint to help its clients adapt rapidly to the evolving...
