News

Banking
Monzo Extends Its Bank Accounts To UK Residents Aged 16, 17
August 06, 2018

Monzo, the digital bank, announced Monday (Aug. 6) that it is making its bank accounts open to anyone in the U.K. between the ages of 16 and 17. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
215K Retail, Manufacturing Jobs Added In July
August 06, 2018

While economists had predicted that hiring would slow this year, U.S. employers have been expanding their payrolls, adding an average of 215,000 jobs per month through July. By comparison, employers added 184,000 jobs on average over the first seven months of 2017, the Wall Street Journal reported....

Retail
Pepsi CEO Indra Nooyi To Step Down
August 06, 2018

After 12 years – and a recent spate of run-ins with activist investors – Pepsi CEO Indra Nooyi will step down from leading the food and beverage firm. She will be succeeded in the role by Pepsi President Ramon Laguarta as of October 3. Nooyi will remain...

Retail
How Digitally Native Brands Can Grow With Showrooms
August 06, 2018

Digitally native brands are trying on a new brick-and-mortar model for size: Instead of opening the doors to cavernous stores, they are opting to create smaller-format locations. When Indochino made the transition from a digital-only to an omnichannel retailer, for example, the Canadian fashion brand...

Retail
November Six’s Keep It Simple Approach To Curation
August 06, 2018

Choice – and how much to have on hand – is a stunningly complicated problem for retailers. Too little choice, and customers undoubtedly get bored and move on to more interesting pastures. That is the basically intuitive side of choice: Consumers like and require it,...

Retail
IKEA Launches Inspiration Experience In Select Cities
August 06, 2018

IKEA announced that it will commemorate its 75th anniversary this year with a limited-time IKEA Inspiration Experience in New York and Chicago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Gobble Teams Up With Walmart To Sell Meal Kits Online
August 06, 2018

Gobble is teaming up with Walmart to offer its meal kits on the retailer’s eCommerce platform. The meal kit provider offers meals that require one pan and can be made in 15 minutes or less, Fortune reported. Get the Full Story Complete the form to...

B2B Payments
Bank Crackdown Has Money Managers Eyeing Corporate Finance
August 06, 2018

Australian money managers are finding an opportunity in enterprise and small business lending as regulators crack down on the country’s traditional banking industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Trade Finance Finds Glare In Late Payments Spotlight
August 06, 2018

Finance has many levers to pull when it comes to pulling back on payments  England finds itself in the unpaid invoice-related headlines again.  And India makes some news of its own as smaller firms say they are being squeezed in bankruptcy by larger companies that...