Indian company Reliance Industries revealed that is acquiring a 87.6 percent stake in Fynd for 2.95 billion Indian rupees ($42.33 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Big banks aren’t happy with the Federal Reserve’s plan to update its payments system that would allow for almost instant transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
FedEx and UPS are striving to make Sundays part of their delivery systems, The Wall Street Journal reported Sunday (Aug. 4). Sunday drivers will earn less money than those who deliver Monday through Saturday. Get the Full Story Complete the form to unlock this article...
In the year 2000, if one had stood on a street corner and predicted that in two decades, the biggest craze to sweep through fast food since the drive-thru window would be artificial meat – well, let’s just say there would be a lot of disbelievers...
Mastercard has teamed up with retailer Fred Segal Sunset and Made to sell limited-edition products that showcase female artists and designers, as well as demonstrate Mastercard’s blockchain-based Provenance solution, which illustrates the journey of a product from start to store. Get the Full Story Complete...
After a few rather action-packed weeks in the race to win the consumer’s whole paycheck, this week was notably slower-paced. Table-setting for the always frenetic back end of the year seemed to be on the agenda at both Amazon and Walmart this week, with steps...
Innovations in digital technology and online-enabled delivery services continue to be a hot part of the quick service restaurant (QSR) retail landscape, and the latest example of that came late this week from Yum! Brands. Get the Full Story Complete the form to unlock this...
For years, it was thought that apparel, if not an eCommerce-proof area of retail, was at least an eCommerce-resistant one. For ultra-casual clothing, where fit isn’t a hugely important consideration and the price point is low enough, buying online was viewed as a reasonable option....
Emerging direct to consumer brands (DTC) are not the only companies entering the world of brick-and-mortar: Birkenstock, whose historical roots date back to the 1700s, recently opened its second retail store in the United States. The Venice Beach, California location follows the opening of the...