Amid plans to scale back its brick-and-mortar footprint, Tesla announced it intends to have more locations stay open than it had planned. At the same time, the company plans to increase the price of many of its vehicles by roughly 3 percent globally, The New...
Retailers kept up the trend of shuttering stores last week, with Dollar Tree, Abercrombie & Fitch and Amazon making announcements on that front. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
To foster lucrative impulse buys, encouraging in-store shopping is key — and for Reebok, mobile point of sale (mPOS) cracks the code. Its quick, skip-the-line-and-checkout-from-anywhere experience increases profitability, says Paul Froio, Reebok’s VP of U.S. retail. In this month’s mPOS Tracker, Froio explains how mPOS...
Barbershop brand Johnny’s Chop Shop will be coming to 3,500 Walmart stores. 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. By completing...
In Australia, more businesses are signing onto the late payments code that punishes late payers. In the UK, there are calls to fine firms that pay freelancers late, and a major health care firm in the UK is spotlighted for missing payments to health care...
Controversy surrounding the U.K. government’s awarding of Royal Bank of Scotland funds to challenger banks continues, with critics now claiming the award to Starling Bank last month involves a conflict of interest. Get the Full Story Complete the form to unlock this article and enjoy...
Corporate cash management FinTech Neo is rolling out a new solution to help business customers manage their foreign exchange exposure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Businesses continue to invest in blockchain technology as more service providers, particularly in the finance arena, pull their distributed ledger innovations out of beta and into the real world. A new report from the International Data Corporation (IDC) pegged corporate spending on blockchain at a new...
The U.K. has been granted permission to retain its membership in the Single Euro Payments Area (SEPA) after it leaves the European Union (EU) later this month. U.K. payment service providers, represented through UK Finance, filed an application in December with the European Payments Council...
