The headlines that started the month of August were less than thrilling for Fitbit — as some were beginning to wonder if Apple had already won the wearable war. Sales on the Versa Lite, Fitbit’s “affordable” answer to the Apple Watch (starting at $160) came...
One source has revealed that Forever 21 might be filing for bankruptcy. The retailer has been looking into ways to restructure its business as it deals with struggling sales. But one person familiar with the situation told CNBC that those efforts have stalled, and bankruptcy...
Costco Wholesale Corp. continues to grow its eCommerce and grocery operations – same-day grocery delivery is now available to most of the store’s members, the company recently said – as the merchant continues to bask in the glow of besting Amazon in an important customer...
Seven years of negative central bank rates in Denmark have financial institutions in a tailspin, Bloomberg reported on Wednesday (Aug. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Supply chain data from Apple indicates the tech firm is still dependent on China despite using manufacturing plants in Brazil and India, Reuters reported on Wednesday (Aug. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Today in the payments news roundup, a report highlights the spend solutions that can help small to medium-sized businesses (SMBs). Also, the founder and CEO of Full Harvest explains how the digital marketplace model can help fight food waste. And Telegram reportedly has plans to release...
Huawei Technologies will carry out its plan for a new high-end smartphone in Europe even without access to Google’s Android operating system and apps, Reuters reported on Wednesday (Aug.28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Hudson’s Bay Company (HBC) is selling Lord & Taylor for $100 million to Le Tote, a clothing rental subscription service, the New York Post reported on Wednesday (Aug. 28). Lord & Taylor is the oldest department store chain in the U.S. and was acquired by...
Grab recently announced that it will invest $500 million into Vietnam, and are now revealing details about what they have planned for the country, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...