All that’s left now, more or less, is the rush of returns that will all but overwhelm some retailers. Christmas Eve is upon us, and the last gifts are making their way from basements, attics and bedroom closets to stockings and trees. Get the Full...
With the decade inching towards its conclusion and shoppers making their last-minute purchases, Mattel CEO CEO Ynon Kreiz says the last holiday toy shopping season of the 2010s has been about “big franchises” and “big brands.” This happens to the case for the company’s legendary Hot Wheels...
The Reserve Bank of India (RBI), in a move to protect the interests of consumers, has passed a regulation that says the allowable exposure of a lender to all of its borrowers should not go over Rs 50 lakh ($70,000) at any time on a...
Online shopping has fundamentally changed the rules of how to gauge a company’s performance around the holidays. Unlike the old days, the number of people visiting a store on a major shopping day is no longer an indicator of success, Wall Street analysts say, according...
A Mexican food chain in the U.K. called Chilango turned to an unlikely source to fund expansion recently: its customers. The chain promised returns of 8 percent a year and free food for life, according to a report by the Financial Times. Get the Full...
An artificial intelligence (AI)-powered travel bot called Eddy Travels has raised about $500,000 in a pre-Seed funding round, according to reports. The funding round was led by Techstars Toronto, Open Circle Capital from Lithuania, Practica Capital, and angel investors from North America and Europe. Get...
Egypt is readying an electronic invoicing mandate for consumers to pay their taxes, an initiative that reports said will eventually expand to standardize invoicing in government procurement processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
