The combined dynamics of the digital shift and the pandemic have caught up to Ralph Lauren. Tuesday morning (Sept. 22) the company announced steps to cut its workforce and accelerate its digital transformation. Get the Full Story Complete the form to unlock this article and...
Consumer packaged goods (CPG) – which just four years ago had only a 1 percent penetration rate online – are capturing the digital shift in a dramatic way during the pandemic. As the crisis pushed online grocery into exponential growth during the crisis, CPG companies...
To help local businesses encountering difficulty because of the coronavirus or civil unrest, the Mall of America is contributing a 5,000-square-foot retail space to local businesses called the Community Commons. The space will be rent-free to 17 companies, opening Oct. 1 and will stay in...
IRL, or In Real Life, the social calendar startup created to help users meet over shared experiences, announced a $16 million Series B funding round on Tuesday (Sept. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Midwestern grocery chain Hy-Vee, Inc. has brought DSW Designer Shoe Warehouse “shop-in-shops” to the Minneapolis-St. Paul area. The inaugural locations opened at the grocer’s Eagan and Brooklyn Park supermarkets, while four additional stores are slated to open in the two weeks to come, according to...
When it comes to digital transformation, the coronavirus crisis seems to have jump-started many enterprises’ modernization efforts. 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...
For small, mom-and-pop retailers, complex or proprietary procurement platforms simply aren’t in the cards. 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...
No longer is open banking solely for consolidating financial information into a single platform for one end user. This week’s look at the latest in open banking initiatives shows creativity in how FinTechs, credit unions (CUs) and banks wield data integrations for the benefit of...
WeChat users in the U.S. are racing to download the Chinese multi-purpose messaging, social media and mobile payment app, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
