In today’s top news, Grubhub denies claims that it is considering an acquisition, triggering a 6.7 percent drop in share prices, and Netherlands payments firm PayU buys a majority stake in the India FinTech PaySense. Also, U.S. Chamber of Commerce leader criticizes presidential candidates for...
The year is off to a less-than-stellar start for Kohl’s. 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...
Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. Get the Full Story Complete the form to unlock this article and enjoy...
Big-box retail is getting a refresh for 2020, at least in some parts. 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 part of a fresh raise from a current investor, India’s Zomato has notched $150 million in funding. The total valuation of the FoodTech unicorn stands at approximately $3 billion after the funding, according to unnamed sources cited in a report. Get the Full Story...
After Bed Bath & Beyond Inc. pulled its year forecast following its missed Q3 estimates, the home goods retailer’s stock fell to its lowest intraday level as of Nov. 25. Holiday sales reports that were disappointing from JCPenney and Kohl’s also put pressure on the...
Global payment services firm Western Union is partnering with Du Xiaoman Financial (formerly FinTech Baidu Finance) to roll out real-time international money transfers to more Chinese bank accounts, the companies announced on Friday (Jan. 10). Get the Full Story Complete the form to unlock this...
Creative destruction eradicates some business models and reformulates others. For example, merchant services providers (MSPs) have long supplied credit card processing for retailers as their central offering. They didn’t need to go much beyond that to be helpful or profitable, and many didn’t. But with...
B2B technology startups continue to gain valuable attention among venture capitalists. 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...
