News

International
PwC Executive Says US Firms To Curb Reliance On China Suppliers
October 26, 2020

Talk of a major reshuffling in international trade continues to build as more companies eye global supply chains, opening up opportunities for American manufacturing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Ant Group Seizes Moment, Files For $34.4B Blockbuster IPO
October 26, 2020

Investors have been increasingly eager for FinTech company Ant Group to file for an initial public offering of stock, which could be the biggest IPO ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Dunkin’ Privatization Bid Points To Caffeinated Competition
October 26, 2020

News that Dunkin’ Brands might be taken private in an $8 billion deal with a 20 percent premium suggests that investors could be seeing value in restaurant and retail chains that are reinventing themselves in the post-COVID era. Get the Full Story Complete the form...

Regulation
EU Big Tech Legislation Gets Backlash From Booking.com
October 26, 2020

Brussels-based Booking.com is speaking out against the European Union’s plans to regulate the reservation site as a “gatekeeper” in the hotel industry, according to a report in the Financial Times.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
MerchantE: An Appetite For Pandemic Risk
October 26, 2020

“COVID-19 has been a sobering reminder that pandemic risk is real, and it can dramatically affect an organization’s risk profile and resiliency,” notes MerchantE Executive Vice President of Risk and Compliance Eric Haru. He discusses the importance of managing pandemic risk and having a “refined...

IPO
Ant Group’s March To The Biggest IPO Shows Power Of (Online) Commerce
October 26, 2020

The pandemic seems to be barely slowing down Ant Group – or mobile finance in China. 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...

Retail
Accenture, MIT Develop Stress Test For Supply Chain Resilience
October 26, 2020

To evaluate the financial and operational risks presented by significant market interruptions, disasters or other catastrophic occurrences, Accenture and the Massachusetts Institute of Technology (MIT) are creating a supply chain resilience stress test together. Get the Full Story Complete the form to unlock this article...

Retail
Shape Shifter: AI Takes On New Roles In Retail
October 26, 2020

The digital-first economy must revolve around the customer. Just getting a serviceable eCommerce site won’t cut it in the “new normal.” As retailers of all shapes and sizes race to get online to catch the consumer’s digital shift, they will need to move beyond simplicity...

Retail
Ross Stores Expands Physical Footprint With 39 New Stores
October 26, 2020

Ross Stores has opened 30 Ross Dress for Less® retail locations and nine dd’s DISCOUNTS® retail locations throughout 17 states in October, marking the completion of its store growth plans for fiscal 2020, according to a Monday (Oct. 26) announcement. Get the Full Story Complete...