News

Retail
Hive Brands Aims To Become The Whole Foods Of Sustainable Products
January 06, 2021

New eco-friendly commerce platform Hive Brands hopes it can be sort of the Whole Foods of sustainable goods, as well as function as the equivalent of the Good Housekeeping seal of approval for ethically made products. Get the Full Story Complete the form to unlock...

Retail
Macy’s To Close 45 Additional Stores
January 06, 2021

As part of a three-year roadmap to close stores, Macy’s reportedly told staffers at roughly 45 locations that they will shutter by mid-2021. The department store retailer intends to close 125 stores by 2023, as unveiled in the past, CNBC reported. Get the Full Story Complete...

Retail
Mall Of America Adjusts Terms Of $1.4 Billion Mortgage
January 06, 2021

After reportedly missing payments amid the pandemic as shops closed for a time and occupants didn’t pay rent, Mall of America has changed the stipulations of its $1.4 billion mortgage and is current on the debt, CNBC reported. Get the Full Story Complete the form...

International
i2c Chosen To Fuel Pakistan’s First Digital-Native Financial App
January 06, 2021

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...

B2B Payments
How SMBs Prepare For A New Era Of Employee Expenses
January 06, 2021

With the pandemic dramatically, and potentially permanently, altering the way business is done, the future of corporate travel remains uncertain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Corporate Cards Flex Their Rewards Muscles To Support Business Growth
January 06, 2021

With businesses large and small increasingly turning their attention toward recovery efforts, the commercial credit card market is exploring ways to help their corporate card holders. As this week’s Commercial Card Innovation Tracker reveals, the industry is increasingly showcasing the opportunity in value-added benefits and...

B2B Payments
Amid Rising Disruption, Fleet Data Smartens Up To Cut Costs
January 06, 2021

The coronavirus crisis threw a wrench in many supply chains all over the world, with organizations and their third-party logistics providers still reeling from the disruption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Rivian Close To Raising Funds At $25 Billion Valuation
January 06, 2021

Electric truck startup Rivian Automotive, which is backed by Amazon, is near to a new funding round which would value it at $25 billion, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Chinese Government Asks Ant Group To Share Consumer Data
January 06, 2021

Chinese regulators want billionaire Jack Ma to share consumer-credit data collected from his financial technology company Ant Group, which he’s largely resisted doing for years, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...