Target’s stock price slid sharply and suddenly when the firm announced its results for the third quarter, falling 9 percent as the retailer announced a somewhat mixed result for the quarter. Despite the largely so-so result, Target went into its call with investors looking to...
Careem, the leading ride-sharing rival to Uber in the Middle East, is aiming to raise between $100 million and $200 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Coupang, the South Korean eCommerce company, is getting a $2 billion investment from SoftBank’s Vision Fund, which will provide it with the money to speed up development of delivery and shopping services. Get the Full Story Complete the form to unlock this article and enjoy...
When Bouchra Ezzahraoui and Sophie Kahn went into the jewelry business with their startup AUrate, they had a clear problem in mind they wanted to fix – the market for fine jewelry wasn’t really designed to cater to the people who wear most of the...
Malls are providing digital native brands with the opportunity to rent space without the typical lengthy commitment. In one case, real estate investment trust (REIT) Macerich is bringing a concept called BrandBox to its Tysons Corner Center mall in a Washington, D.C. suburb. While Macerich’s...
For fitness aficionados and those just looking to get in a workout, several online platforms have emerged to help them bring home the gym experience. But NEOU Co-founder Nathan Forster found that existing offerings forced consumers to buy expensive equipment and lacked a great user...
Kroger and U.K. online supermarket operator Ocado have unveiled a site in a Cincinnati suburb as the site of a high-tech customer fulfillment center (CFC). The Ohio facility is a warehouse that has robotic and digital functionality, Kroger said in a press release. Get the Full Story Complete the...
In an organized retail crime (ORC) survey, the National Retail Federation found that 92 percent of respondents were victims of the practice in the past year. And nearly three-quarters — or 71 percent — of companies said that incidents were on the rise, the federation...
With payment bigwigs like Visa, Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. Innovators large and small are addressing some of the many friction points...
