Brooks Brothers is in talks with banks about securing cash for a potential bankruptcy that could come within weeks, as COVID-19 has crushed sales for the 202-year-old retailer, sources told CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top news, Amazon is looking at buying a stake in India’s Bharti Airtel, and the Trump administration expects the next round of stimulus funding to hit $1 trillion. Plus, Grab expands its shopping and delivery app to eight countries in Southeast Asia. Get...
Hong Kong technology company JD.com Inc. plans to sell up to $4.3 billion in shares in what is expected to be among this year’s largest public offerings in China, the Financial Times reported. Get the Full Story Complete the form to unlock this article and...
Looking for a way to protect technology companies from becoming prey to foreign buyers, France has created a fund to bail out startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
It’s been a busy week in payments and commerce, as June kicks off and consumers around the world are ready to reemerge into the physical world. But their path back to normal still looks decidedly uncertain, as the pandemic’s future remains unknown and civil unrest throughout America acts...
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...
