News

Retail
Edgewell Personal Care Plans To Buy Harry’s
May 09, 2019

In one of the biggest recent cases of an established firm buying an eCommerce rival, Edgewell Personal Care reportedly plans to buy shaving startup Harry’s. The anticipated deal is said to be for roughly $1.37 billion in stock and cash, The New York Times reported....

Retail
Carrefour Might Sell Off Chinese Business
May 09, 2019

Carrefour SA is considering selling off its Chinese business, and has even reportedly reached out to potential buyers. 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...

Retail
Wall Street Skeptics Balk At Beyond Meat’s Valuation
May 09, 2019

Plant-based meat maker Beyond Meat has surged about 225 percent since going public last week, leading one analyst to call the valuation “absurd.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Rent The Runway Opens Massive Store In San Francisco
May 09, 2019

Rent the Runway has opened an 8,300 square-foot store in San Francisco. 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, PYMNTS Today. By...

B2B Payments
Should Auditors Be Responsible For Catching Corporate Fraud?
May 09, 2019

Tensions are running high in the U.K. corporate auditing arena. Amid calls to break up the so-called Big Four auditors – PricewaterhouseCoopers, Deloitte, EY and KPMG – experts have raised concerns over why these players were unable to detect and prevent several high-profile corporate collapses...

B2B Payments
Intuit, ADP Strengthen Cross-Platform Integration
May 09, 2019

Human capital management solution provider ADP is deepening its integration with Intuit’s small business accounting platform, QuickBooks, to streamline data connectivity between the two platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
JPMorgan Taps Bora To Aid B2B Virtual Card Adoption
May 09, 2019

JPMorgan is collaborating with Bora Payment Systems in an initiative that will support the adoption of virtual cards in the B2B payments landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Banking/FinTech Collaboration Grows In China
May 09, 2019

In China, digital financial services gain ground among collaborative efforts between tech-savvy upstarts and traditional players. Elsewhere, Monetary Authority of Singapore is eyeing digital-only banking licenses.

B2B Payments
SMB Lending Tries On Asset Tokenization For Size
May 09, 2019

So far, one of the largest use cases for tokenization has emerged as the Initial Coin Offering (ICO) — a lucrative, if not controversial, fundraising strategy that has already led to billions of dollars in investments. Yet, ICOs have been marred by fraud, regulatory scrutiny...