Mubadala Investment Co., an investment arm of the government of Abu Dhabi in the United Arab Emirates (UAE), is investing $1.2 billion in Jio Platforms, the Indian telecommunications firm, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
With the most recent COVID-19 studies from PYMNTS reinforcing the need for health and safety in the retail world, some retailers are stepping up to accommodate consumers’ concerns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The numbers are in. The latest in the PYMNTS COVID-19 series that quantifies the effects of the pandemic shows not only a deepening digital shift, but an increasingly sticky one. The research shows that 35.7 percent of consumers were shopping for retail goods online as...
Terry Schalow is the executive director of the Running Industry Association (RIA). In addition to working toward its general mission of moving the sport and hobby forward, the RIA functions as a trade and advocacy group for independent running specialty stores, the huge majority of...
With pandemic-related store closures driving a 43 percent year-over-year decline in sales, Gap Inc. reported a 13 percent year-over-year rise in Q1 eCommerce sales and 100 percent year-over-year sales growth in May. The retailer said in an announcement that 55 percent of its North American...
JCPenney has identified the first round of 154 retail location closures, after an assessment of its store footprint and evaluation of “future strategic fit” as well as performance. The retailer said closing sales will commence at 154 stores following a court order entered at a...
With dramatic disruption in the economy, the freelancer community is in flux. 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...
In the FinTech funding world, Varo Money stole the spotlight this week with a $241 million funding raise. 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...
In business, data is a valuable — if not the most valuable — currency. For small businesses in need of capital, data is vital to understanding how much a firm needs, and to assessing the likelihood of securing a stamp of approval from a financier. Get the...
