News

Retail
Saks Owner Hudson’s Bay Shareholders Make Bid To Take Firm Private
June 10, 2019

Amid brick-and-mortar retail struggles and stock price volatility, a go-private offer has emerged for Hudson’s Bay Co., which owns Saks Fifth Avenue and Lord & Taylor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payments Innovation
Uber Plans Expansion Into Financial Services
June 10, 2019

Uber is expanding its services and moving toward providing financial products, according to a report by CNBC. 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...

Partnerships / Acquisitions
Fiat Chrysler, Aurora Link Up For Commercial Autonomous Vehicles
June 10, 2019

Self-driving startup Aurora and Fiat Chrysler Automobiles (FCA) have teamed up to make autonomous commercial automobiles, according to a 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....

Investments
Corporate Cash Holdings Declined In 2018
June 10, 2019

U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share buybacks, dividend hikes, acquisitions and capital spending. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
Salesforce Buys Tableau Software For $15.7B
June 10, 2019

Customer relationship management (CRM) company Salesforce will acquire analytics platform Tableau Software in an all-stock deal, the companies announced Monday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Walmart’s Jetblack Sees Two-Thirds Of Shoppers Engage Weekly
June 10, 2019

Following the rollout of Walmart’s Jetblack personal shopping service last year, two-thirds of customers reportedly engage with the service weekly. They are also said to spend an average of $1,500 monthly on purchases through Jetblack, according to reports. Get the Full Story Complete the form...

Retail
Saving The World By Serving Up Bugs
June 10, 2019

On average, each human being consumes 75 pounds of meat per year. But, like most averages, that number can be somewhat deceiving. Americans and Australians, the world’s biggest meat consumers, eat closer to 220 pounds of meat per year, or about 50 chickens or an...

Retail
Why Robotization Is Critical To Amazon’s One-Day Shipping Vision
June 10, 2019

Cathryn Kachura is a a “flow control specialist” at Amazon’s Denver, Colorado sortation center, an extra-large warehouse that is informally known as the “robot highway.” Flow control specialists are the traffic agents on the highway, and their job is to keep real-time track of the...

Retail
How The Sharing Economy Is Changing Online Sales
June 10, 2019

The sharing economy has transformed the way consumers get transported from point A to B, how they rent vacation homes, how they get food delivered and, increasingly, how they shop. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...