News

International
BMW Teams With Tencent In China Self-Driving Tech Push
July 19, 2019

BMW has been expanding into China and developing autonomous technology for cars, so that it can be at the forefront of the technology when the self-driving wave hits the mainstream. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
SoftBank Ventures Asia Notches $270M To Fund Startups
July 19, 2019

The Seoul venture capital division of Japanese multinational holding company SoftBank has raised $270 million, or 317 billion won. 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...

Retail
Retail Pulse: Toys R Us Returns With Small Retail Stores
July 19, 2019

Iconic brick-and-mortar retailers are sometimes reinvented, and return to the world of retail with smaller-format concepts. The parent of the Toys R Us brand, Tru Kids, plans to bring stores under the legendary name to the United States for the 2019 holiday season. Tru Kids...

Retail
DTC Bikes In A Box, For The IKEA-Level DIYer
July 19, 2019

Buying a bicycle shouldn’t be an overly challenging task for a consumer, but often shapes up to be one, particularly if one doesn’t happen to be a cycling enthusiast. The products range in price and quality quite widely — and specialized features abound. Throw in...

Retail
Dressbarn To Close 53 Stores This Summer
July 19, 2019

Ascena Retail Group has announced it is closing 53 additional Dressbarn stores by the end of August. 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 our...

Retail
JCPenney Explores Debt Restructuring Options With Advisers
July 19, 2019

To look into debt restructuring options that would provide the retailer more time to make a turnaround, JCPenney Co Inc has reportedly hired advisers. The retailer had talks with investment bankers as well as lawyers who specialize in helping troubled companies with debt restructuring as...

Retail
How Pay Advances Affect The Retail Industry
July 19, 2019

In the gig economy, early payment—not just ease or speed—can be a differentiator. 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 our daily newsletter, PYMNTS Today....

B2B Payments
In UK, (Some) Large Firms Suspended from Prompt Payment Code  
July 19, 2019

In the UK, several large publicly traded companies have been suspended from the Prompt Payment Code for late payments.  Separately, Tipalti debuts a new offering geared toward speeding up supplier payments.

B2B Payments
B2B Investors Target Supply Chain Friction
July 19, 2019

Not every startup in this week’s B2B Venture Capital Roundup provided full visibility into how much it raised, but more than $150 million in new funding can be confirmed for B2B startups. Investors had a particular interest in supply chain management this week, targeting startups...