The CEO of lending platform Fincera, Li Yonghui, was arrested on Friday (Dec. 13) in China on suspicion of financial crimes, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
There are all kinds of pop-up shops that have, well, popped up over the last several years. Pop-up bars, pop-up candy shops, pop-up hairdressers, pop-up sleeping pods, pop-up museums – since 2015, one can basically take any retail-connected noun, pair it with the word “pop-up”...
Heating up a worldwide battle to meet consumer demand for delivered meals, European food delivery firm Delivery Hero SE has agreed to purchase Woowa Brothers for $4 billion. eCommerce food delivery companies around the globe are teaming up as more people decide to have their...
Grocery retailers are making it easier for consumers to shop with their mobile devices through digital innovations. Texas-based grocery chain H-E-B, in one case, is rolling out a new app that the company says is one of many technologies that it will use “to enhance...
Don’t look now, but retailers and commerce are getting more visual with reality. 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....
As Americans reduced their discretionary spending, retail sales in the United States rose by a level that was lower than expected in November. The Commerce Department said retail sales increased 0.2 percent last month, and data from October was revised to indicate that retail sales...
Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
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 completing this form, you agree to receive marketing communications from PYMNTS and...
We now inhabit a world where one can rent almost anything. It’s a world that has sprung up around the spending power and tastes of millennials and Gen Zers, and it’s getting hard to keep track of all the available options. Enter the platforms, complete...