News

Investments
WeWork’s Lease Volume Dries Up After Botched IPO
January 16, 2020

Shared workspace and real estate company WeWork only signed four new leases in Q4, a drop of 93 percent in leasing activity, after its failed IPO attempt, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and...

Ridesharing
Estonia’s Bolt Closes $55M Deal To Compete With Uber
January 16, 2020

Uber rival Bolt has closed a €50 million funding deal from the European Investment Bank (EIB) to help the startup scale throughout Europe and improve its technology, according to reports on Thursday (Jan. 16). Get the Full Story Complete the form to unlock this article...

Retail
Recreating The DTC Candle-Buying Experience
January 16, 2020

A good scented candle can be harder to find that the near ubiquitous availability of scented candles would indicate at first glance. There is no shortage of places to buy scented candles — there are whole stores dedicated to selling them in shopping centers nationwide,...

Retail
Dec. Holiday Shopping Rush Boosted 2019 US Retail Sales
January 16, 2020

With a late shopping rush around the holidays that ended a more moderate spending year, retail sales in the United States strengthened in December. Commerce Department data indicated that the value of receipts at merchants increased 0.3 percent and rose 5.8 percent from December 2018,...

Retail
Food Boxes Introduce Families To New Cuisines
January 16, 2020

To help families discover the foods and cultures of other countries through culinary adventures, eCommerce innovators are assembling family cooking kits. Take eat2explore, which offers boxes of recipes, spices, sauces and grains, among other items, centered around the cuisines different countries. Founder Rowena Scherer told PYMNTS...

Retail
Auto Sales Race Toward A New Retail Future
January 16, 2020

Close the door and buckle up – retail automotive sales are getting an upgrade. 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....

Retail
Tesla Looks To Set Up Research And Design Center In China
January 16, 2020

To make “Chinese-style” vehicles, electric automaker Tesla reportedly intends to bring a research and design center to China per a recruitment notice posted on its official WeChat channel. It was not immediately known when such a facility might start operating, Reuters reported. Get the Full...

Retail
IKEA Plans Urban Megastore With No Parking
January 16, 2020

As the retail landscape adjusts to more online shoppers, traditional brick-and-mortar retailers are reacting to customers’ changing lifestyles – including how they arrive at their stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
When Email Becomes SMBs’ Biggest Security Threat
January 16, 2020

The business email compromise (BEC) scam is a cybersecurity threat to businesses of all sizes, and the financial and security implications of a successful attack aren’t isolated to its target. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...