US Foods Holding Corp., an Illinois-based food service distributor, has announced an initiative to help restaurant operators launch ghost kitchens. 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...
Mattress retailer Casper Sleep Inc. hopes to raise $300 million for a blank-check company, as shares of the New York-based firm have fallen by nearly 38 percent since its February debut. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Omio, the Berlin-based travel booking app, announced on Wednesday (Aug. 19) that it has raised $100 million to fuel further expansion as the industry rebounds in Europe after a severe hit from COVID-19. Get the Full Story Complete the form to unlock this article and...
Instagram, which is owned by Facebook, is reportedly rolling out its new QR code feature globally. The new tool will let people open a profile via any camera app that is able to read QR codes — all without opening Instagram. Get the Full Story...
It’s highly unlikely that history will look back on the summer of 2020 as a good period of time. But if anyone can find a silver lining as the season stumbles to its close, perhaps Christiane Lemieux can – because it has been an eventful...
The grim reality of erratic consumer spending patterns has changed back-to-school sales projections. At a time when the season should be in full swing, many seasonal predictions have been withdrawn or changed from optimism to caution. Get the Full Story Complete the form to unlock...
The mega-retail blowout continued this week, as Target posted record Q2 earnings Wednesday (Aug. 19) with evidence that the digital shift is moving from pandemic phenomenon to a consistent reality. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Lowe’s Companies, Inc. reported on Wednesday (Aug. 19) that Lowes.com sales have skyrocketed 135 percent and U.S. comparable sales increased 35.1 percent for the second quarter. The company also invested $460 million in the quarter to help its workers and communities due to the pandemic,...
Revolut Ltd., the British financial technology (FinTech) company, has introduced what it describes as a simple way to track, split and settle expenses instantly, in one place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
