Stress tests haven’t been kind to so-called challenger banks in the U.K., according to a Financial Times report. 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...
This week marked the debut of a few surging initial public offerings (IPOs), focused on commerce done by bits and bytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
While this tracker normally focuses entirely on the moves and counter-moves of Walmart and Amazon as they race for the greater share of the consumer’s whole paycheck, every once in a while another player manages to scoop them both in the headlines competition. Get the...
That Alipay is moving into Europe — and looking to support the millions of Chinese and Southeast Asian tourists who travel there annually for business and pleasure — is far from a secret. It is, in fact, an ongoing goal of the last several years...
Urban Outfitters’ announcement that it was moving into the world of fashion for rent about a month ago was surprising — and also not. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Radio-frequency identification (RFID) technology is carrying more weight in retail these days, helping merchants to innovate and win over consumers, and even serving to tie together web, mobile and in-store experiences as part of the focus on omnichannel commerce. Get the Full Story Complete the...
Online brands are expanding their brick-and-mortar footprints: Online handbag marketplace Rebag, for instance, is opening a new store in Miami’s Design District with more stores said to come. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With results that implied a pickup in consumer spending, retail sales in the U.S. rose in May and sales for the month before were revised upward. The Commerce Department report that was fairly positive came after mild readings for inflation and a step-down for hiring,...
Through an expanded initial public offering (IPO), Chewy Inc. and its investors took in $1.02 billion. The eCommerce pet food and accessories supplier sold 46.5 million shares at a price of $22 a piece, Bloomberg reported. The company had increased its price range to $21...
