In the modern age of retail, a National Retail Federation (NRF) study has found that inventory loss, due to crime or error, is having a $46.8 billion impact on the industry’s bottom line. The organization also noted that, on average, the shrink comes at a...
Some startups are born out of personal experience when an entrepreneur sees an unmet need in the market. The Farmer’s Dog Co-founder Brett Podolsky helped start his pet food company when he couldn’t find a way to solve his dog’s stomach ailments. After he tried many...
Mens health and personal care startup Hims offers up a pretty straightforward business proposition. Founded a little over a year ago, Hims seeks to tap the millennial male market by offering up skincare solutions, hair-loss products and erectile dysfunction medication (specifically, a generic form of...
Big brands are opening pop-up shops chock full of digital commerce technology and experiences for fans, and Nike is no exception. The company recently opened a SNKRS Pop-Up shop in Atlanta — as the city gears up for Sunday’s Super Bowl game between the Patriots and...
As it seeks to compete with Starbucks, Chinese startup Luckin Coffee is reportedly looking at an initial public offering (IPO) in the United States. The effort could bring in approximately $300 million, Bloomberg reported. Get the Full Story Complete the form to unlock this article...
Farmstead has launched a new program using artificial intelligence (AI) that can save its customers money. 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...
A deal that would save Sears is facing obstacles, as the U.S. government and major mall owners are trying to block the bid from Sears’ chairman, investor and former CEO Eddie Lampert. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
What good is an AI-powered insight if core banking systems do not know how to act on it in real time? In the new Digital Banking Tracker, Jeremy Balkin, HSBC’s head of innovation, explains how a combination of AI and human insights can boost a...
Payments company Stripe stole the B2B FinTech investment show this week with its funding that propelled its valuation to $22.5 billion, just days after the firm announced a partnership with Funding Circle to link its small business customers to financing solutions. Get the Full Story...
