Over the centuries, the British have gained a reputation for a certain steadiness of character, best epitomized via the “Keep Calm and Carry On” poster commissioned by the British government in 1939 in preparation for World War II. Get the Full Story Complete the form to...
In the largest initial public offering (IPO) by a tech firm in Canada in nearly nine years, shares of Lightspeed POS Inc. rocketed in the company’s debut of trading. The company raised $179 million and its stock jumped from an IPO price of C$16 by as...
A government-funded report in Europe said a lack of available capital for women in the country was “holding the U.K. back.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Chinese bike sharing company Mobike, which once attracted billions from big-name investors, said it is closing down all of its operations around the world, to focus solely on China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
There is something to be said for being a happy warrior, and Walmart U.S. CEO Greg Foran was certainly one this week when he spoke of Walmart’s ongoing battle with Amazon for control of the consumer’s whole paycheck. Foran described it as a “David and Goliath” battle...
To help head up joint business initiatives and work toward the alignment of their long-term interests, Alibaba Group Holding Ltd. and Ant Financial reportedly plan to form a steering committee. Alibaba Chief Executive Officer Daniel Zhang is said to head up the group, which will reportedly be...
There is a possibly apocryphal story of Amazon’s early days (around 2001) where Founder Jeff Bezos was invited to Bentonville, Arkansas to discuss the possibility of Walmart purchasing his still young – and, at this point, struggling – online bookstore. But Bezos really didn’t want to...
Retailers are bringing omnichannel experiences to consumers by bridging the worlds of online and brick-and-mortar commerce through offerings such as buy-online-pickup-in-store (BOPIS). Following that trend, Fast fashion apparel retailer rue21 recently announced it plans to bring the offering to more than 700 stores. Get the...
When the world first encountered the brand in 2011, Dollar Shave Club didn’t have much more than an innovative idea for selling razors and a viral video about the concept. Pitched at men, Dollar Shave Club offered a simple choice: pay $10-$20 for razors at...
