News

Regulation
India’s Central Bank To Make Decision On Easing Lending Curbs
January 10, 2019

The Reserve Bank of India (RBI) is in the process of reviewing the December quarterly results of state-owned banks to determine if lending restrictions will be eased, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
US Startups Raised A Record $130B In 2018
January 10, 2019

U.S. startups had a great 2018 in terms of funding, with new data showing that venture capitalists deployed $130.9 billion, marking a new all-time high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Macy’s Misses On Holiday Sales
January 10, 2019

The holiday season was a bit less merry, from a comparable sales perspective, than Macy’s had been forecasting, as the department store retailer cut its holiday sales forecast. That change, combined with more sluggish than expected year-end growth from Kohl’s, was sufficient to spook retail...

Retail
L’Oreal And Driving Beauty’s Digital Makeover With Wearables
January 10, 2019

At first blush, pardon the pun, the world of beauty and cosmetics may not seem like the sort of retail space that has been waiting around for a digital makeover. While all kinds of adjectives have been applied to makeup, high-tech is generally not what...

Retail
Quevos On Finding A Niche Market In Better-For-You-Snacks
January 10, 2019

Consumer packaged goods (CPG) brands are putting a new spin on old snacking favorites designed to appeal to health-minded consumers — and those with special dietary needs. Among emerging brands following this trend is Quevos, a startup that is making chips with egg whites. Quevos...

Retail
Mall Space Finds New Life As Tech Company Workplaces
January 10, 2019

Malls are finding new life as offices for tech companies, as developers are repurposing space formerly held by retail tenants into workplaces with high-end amenities for firms like Google. In Los Angeles, part of the Westside Pavilion is set to be redeveloped into a 584,000-square-foot...

Retail
Sears Gives ESL Another Chance At Bid
January 10, 2019

Following reports that Sears Holdings had turned down a bid from ESL Investments, a special committee for the retailer now plans to consider a revamped bid before the company’s bankruptcy auction on Jan. 14. The comments came during a hearing in bankruptcy court on Tuesday...

Point of Sale
Roche Bros. Partners With Toshiba On POS Systems
January 10, 2019

Toshiba Global Commerce Solutions has announced that it will be integrating its TCx™ 300 point-of-sale (POS) systems at all of the Massachusetts locations for grocery store chain Roche Bros. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
CAN Capital Announces Another Leadership Change With New CEO
January 10, 2019

Alternative small business (SMB) lending platform CAN Capital announced on Wednesday (Jan. 9) that Edward J. Siciliano has been appointed as the new chief executive officer. CAN Capital added Siciliano from commercial financing company Marlin Business Services, where he served in a variety of roles,...