So far this year, 7,062 retail stores have closed, and that number could reach as high as 12,000, which would be an all-time record, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
To help lay out its battle pay to take on Amazon, Target and other competitors, Walmart is on the hunt for a new chief revenue officer for its eCommerce business in the U.S. The executive would work under Marc Lore, who is the company’s online...
Popular video-sharing app TikTok is being accused of spreading “indecent” content and sharing user data with the Chinese government, prompting politicians in India to call for its ban. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Amid expansion efforts of U.K. digital bank Starling, several senior executives — including Julian Sawyer, Starling’s co-founder and chief operating officer — have left this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Santa Monica-based eScooter rental service Bird is planning a new hub in Paris that will serve as the company’s “second European home.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In a sign that Colgate-Palmolive is looking to diversify its interests beyond soap and toothpaste with deals, the consumer goods group has come to an agreement to purchase the Filorga Cosmétiques skincare business for €1.5 billion. Colgate is said to fund the transaction, which is...
Brick-and-mortar retailers are opening experiential concepts by working with other brands as they look to engage consumers with experiences instead of products. Macy’s, for instance, is collaborating with DICK’S Sporting Goods and landscaping brand Miracle-Gro for Outdoor STORY, which is said to offer customers an “outdoor-inspired...
Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Companies are beginning to release their second quarter earnings reports, and experts are pointing to Citigroup to outperform in the banking industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
