News

Retail
NRF Survey: 164M Shoppers This Thanksgiving Weekend
November 22, 2018

Thanksgiving will see as many as 164 million shoppers spending their way through the holiday weekend and into Cyber Monday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Xiaomi Will Have 5K Stores In India By End Of Next Year
November 22, 2018

Chinese tech giant Xiaomi plans to have 5,000 of its stores open in India by the end of 2019. 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...

Retail
Groupon: Most Americans To Start Shopping On Thanksgiving Morning
November 22, 2018

A new survey has found that most people plan to begin their holiday shopping well before their turkey dinner — 7:16 a.m. EST on Thanksgiving Day to be exact. According to Groupon‘s second annual Black Friday shopping trends survey, the new early morning time is more than eight hours...

Retail
Pre-Black Friday Online Sales Spike 17 Pct
November 22, 2018

U.S. consumers increased their online shopping by nearly 17 percent before Black Friday, according to new data published by Adobe Analytics this week. Online shopping spend topped $31.9 billion in the first 20 days of November, including the first “$2 billion day of the season,” analysts...

Security & Fraud
Goldman Sued Over 1MBD Scandal
November 21, 2018

Goldman Sachs is being sued by an Abu Dhabi sovereign wealth fund over what is being termed the Malaysian 1MDB scandal. The suit was filed in New York, reported the Financial Times (FT), on behalf of the International Petroleum Investment Company (IPIC) and seeks unspecified damages...

International
BMW Wins Ride-Hailing License In China
November 21, 2018

BMW reportedly has achieved a ride-hailing first. 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 completing this form, you agree...

Security & Fraud
Glitch Exposes Amazon Customer Emails
November 21, 2018

In what it described as a “technical error,” Amazon confirmed Wednesday (Nov. 21) that some of its customer names and emails have been exposed, and the company has notified the affected users. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
Apple, Silk Labs Buy To Boost AI Offering
November 21, 2018

Apple has reportedly acquired Silk Labs, the maker of a home-monitoring camera called Sense that failed to take off, as it works to build artificial intelligence (AI) into devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Eyewear Startups Put On Their Customer Experience Glasses With AR
November 21, 2018

Before the dawn of 3D smartphone technology, it wasn’t easy for startups to create a customized product — and market it to a consumer. When the founders of King Children wanted to create eyewear to fit the custom needs of shoppers, for instance, they faced...