In an effort to take advantage of one of fashion’s fastest growing areas, Urban Outfitters is tapping into the clothing rental market. The company is rolling out a monthly service through a new business named Nuuly that enables customers to borrow six items from its...
To concentrate on the company’s more profitable brands, Ascena Retail Group is planning to shutter approximately 650 Dressbarn stores. The company also owns apparel chains Loft and Ann Taylor, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The crisis that has hit China’s corporate community is worsening after the suspension of trading of Kangmei Pharmaceutical shares, The Wall Street Journal reported Monday (May 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The emergence of automated technologies in the supply chain has introduced a host of unique and unfamiliar challenges to the supply chain management space. Much of the technology that aims to mitigate risk can add to the workload of supply chain professionals and limit their...
The U.S. Federal Bureau of Investigation (FBI) last week announced charges against 11 alleged members of a cybercriminal ring targeting small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Kenya is deploying mobile lending initiatives in an effort to address the small business credit gap. 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...
Nordic bank Danske is launching an initiative to support its small business clients’ cybersecurity initiatives. 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,...
A cyberattack at accounting firm Wolters Kluwer that left its accountant clients unable to access a portal necessary to do their jobs has angered many in the industry, according to reports from Canadian Accountant. Get the Full Story Complete the form to unlock this article...
SWIFT announced Tuesday (May 21) that a group of banks are trialing instant gpi cross-border payments in Europe via the TARGET Instant Payments Settlement platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...