The “yellow vest” protests have cost French retailers about $1.1 billion dollars in revenue since they started last month, according to The French retail federation (FCD). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Is India proving a lure, once again, for the “Oracle of Omaha?” 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...
For most firms, referring to products as “Space Age” is a marketing strategy. For Oros, a cold weather apparel firm founded by Michael Markesbery and Rithvik Venna, it is actually a product description. Get the Full Story Complete the form to unlock this article and...
Big retailers are opening smaller-format stores in major U.S. cities, and IKEA is no exception: It is intending to bring a “Planning Studio” to Manhattan this coming spring. And it will have a considerably smaller footprint than other IKEA locations — while IKEA’s mainline stores can...
To help bolster the company’s growth, UNTUCKit has reportedly tapped a bank in an effort to bring in investment funds. The company, which is said to have enlisted the help of Morgan Stanley, is looking for a valuation north of $600 million, CNBC reported. Neither Morgan...
In an effort to save Sears, ESL Investments is looking to purchase 500 of the retailer’s stores with a $4.6 billion proposal. The retailer had been in discussions over a “going concern bid” with ESL, which is headed up by Sears Chairman Eddie Lampert, in the...
New local product vendors can be a dream for local stores, and small suppliers can find it relatively easy to launch an online marketplace for a niche customer base. But when it comes to growth, suppliers in the consumer packaged goods (CPG) market must be...
With commercial cards continuing to press their way into accounts payable, a new report from Accenture suggests it’s the virtual card driving adoption of card-based B2B payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Expense card scams can impact even beloved authors if a recent court case is any indication -- and in this case, JK Rowling seems to have been an unwitting victim. Elsewhere, a hacker group is hard at work targeting thousands of CFOs worldwide to transfer...
