CoverGirl cosmetics maker Coty Inc. is making an about-face, years into a turnaround that hasn’t yet taken hold. The company is doing away with a revival plan hinged on bringing out new products as well as adding businesses, while its new strategy is to reduce...
Social media keeps on evolving, and that could bring big changes to the retail environment, especially as the preferences of younger consumers continue to evolve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Consumers have a bad case of app fatigue. 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...
Pair Eyewear Co-Founder and CEO Nathan Kondamuri started wearing glasses when he was 8 years old, around second or third grade. He told PYMNTS in an interview that he remembers “how daunting” and uncomfortable “of an experience it was getting glasses for the first time.” It’s...
As the buyer of the luxury retailer brand negotiates with the store’s landlord, Barneys New York’s flagship store on Madison Avenue in Manhattan will stay open for at least another year in a smaller form. Fred’s, the store’s famous eatery, will also stay open, Reuters reported....
Competitive forces in the payments and financial services sector have driven two key trends in the U.S.: the acceleration of payments, and the adoption of open banking frameworks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Earnings results showed continued uptake in commercial card issuance and use, here and abroad, as WEX, Mastercard and Visa reported earnings and strong B2B growth. Separately, Brex and Mastercard said they expanded card perks across the U.S.
Bank of America is developing a new cash-flow forecasting solution for its corporate customers in conjunction with a FinTech partner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. Invoice and purchase order manipulation, company credit card abuse and fraudulent use of company checks all surface as cautionary tales for corporates’ internal financial processes....