News

Retail
Retail Pulse: IKEA Axes New Store Plans To Focus On Digital Store
June 07, 2018

IKEA is slowing the growth pace it has sustained in the U.S. market, axing plans for new stores in three U.S. cities to focus on eCommerce growth. That’s after opening 13 new U.S. stores just last year. Get the Full Story Complete the form to...

Retail
Streamlining The Swimsuit Shopping Experience
June 07, 2018

Swimsuit shopping is not one of commerce’s more beloved experiences. Wearing a bathing suit is usually fun – as it implies one is poolside or on a beach – but procuring one is less so, particularly for women. Get the Full Story Complete the form to...

Retail
H&M Brings Voice-Activated Mirror To Shopping Experience
June 07, 2018

Adding to its technology efforts, H&M is rolling out a voice-activated mirror in a flagship New York City location. The device offers style recommendations, selfies and a route to eCommerce, Forbes reported. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Target Raises Delivery Game To Fend Off Amazon/Walmart
June 07, 2018

Target is now more than halfway through its rollout of same-day delivery, care of Shipt and the launch of Drive Up, its curbside pickup service. The Minnesota-based retailer is now well on track to hit its goals of having these services available at the majority of...

Retail
Honest Co. Notches $200M Investment From L Catterton
June 07, 2018

Helping it strengthen its global reach and supply chain, Honest Co. has notched a $200 million investment from L Catterton. The size of the private equity firm’s stake in the company, which was founded by Jessica Alba, was not made public, Bloomberg reported. Get the Full Story...

B2B Payments
For FinTech And FIs, APIs Everywhere (It Seems)
June 07, 2018

Teamwork is the name of the game when it comes to open banking.  Traditional FIs are joining with FinTech outfits to bring faster payments to the masses.  Amid the marquee names in banking combining efforts with tech-savvy upstarts: Deutsche Bank and Fifth Third.

B2B Payments
Arro Money Debuts Account For Sole Traders
June 07, 2018

U.K. challenger bank Arro Money, which launched its small business bank account service last December, has debuted its newest product designed for sole traders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Bank Of England Pulls Payment Schemes Onto Same Page With ISO 20022
June 07, 2018

The Bank of England is streamlining the U.K.’s payments messaging operations through the planned adoption of the ISO 20022 messaging standard, the bank announced Wednesday (June 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
CSI Digitizes Corporates’ Utility Payments With New Partnership
June 07, 2018

Corporate Spending Innovations, formerly known as CSI globalVCard, announced on Wednesday (June 6) a partnership with THG Energy Solutions in an effort to digitize corporate payments to their utility providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...