News

Ridesharing
Mastercard, Curb Launch Donation Campaign For American Cancer Society
October 14, 2019

Mastercard is teaming with the taxi ride-hailing app Curb to help the American Cancer Society’s Road to Recovery program, which provides free rides to patients going for cancer treatment, Mastercard announced in a press release on Monday (Oct. 14). Get the Full Story Complete the...

Investments
Paytm Poised To Raise $2B To Counter Rivals
October 14, 2019

India payment service Paytm has almost closed a deal to get $2 billion in a new financing round in preparation for competition with a slew of other payment services, including Facebook’s Libra and Flipkart’s PhonePe.  Get the Full Story Complete the form to unlock this...

Partnerships / Acquisitions
Bankrupt Barneys Gets Nearly $270M Offer From Saks, Authentic Brands
October 14, 2019

As Barneys New York wades through bankruptcy, Saks Fifth Avenue and Authentic Brands have partnered to bid almost $270 million to buy the luxury specialty retailer, a source told The Wall Street Journal on Monday (Oct. 14). Get the Full Story Complete the form to...

International
Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
October 14, 2019

In retail and in eCommerce, to make inroads into a new market is challenging … especially if consumers root for the home team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Fixing Fresh-Cut Flowers With A New Supply Chain
October 14, 2019

In what is one of retail’s more amusing ironies, the floral industry is not particularly green. The products are, of course, but the industry itself – particularly the segment of the market dedicated to the delivery of fresh-cut flowers – does not have a particularly...

Retail
WeWork Accelerates Expansion Of New Locations
October 14, 2019

In a move that has likely accelerated the speed at which WeWork is burning through cash, the company has opened nearly as many locations in the past several months as it did in the first half of 2019. The fast pace of new location openings is said...

Retail
Blazing A Trail Of eCommerce Innovation With Cargo Bikes
October 14, 2019

Bunch Bikes Founder Aaron Powell went on vacation with his family three years ago and visited Copenhagen, Denmark and Malmo, Sweden. His family chose those locations because they are very bike-friendly cities, and they were interested in biking. While he was in those locations, Powell...

Retail
How Drive-Thrus Are Speeding Up Retail Innovation
October 14, 2019

Been on a fast food drive-thru lately? If so, you’ve been at the site of one of the hottest areas of retail innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Amazon Go Inspires Cashierless Startup Challengers
October 14, 2019

With the unveiling of the first Amazon Go store in Seattle last year, multiple challengers have been inspired to offer new methods for shoppers to grab items from a store and avoid the checkout line. Standard Cognition and Zippin are two firms that are putting...