Lightspeed China Partners announced Thursday (Jan. 3) that it completed fundraising for its fund family IV, raising $560 million. 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...
While any number of brands now market their wares on sustainability, inclusivity and transparency as of 2019, when Everlane was first getting off the ground in 2011, those buzzwords were far less common. In fact, Everlane built its first buzz as a direct-to-consumer (DTC) fashion brand...
To encourage diners to skip the line and order ahead, quick-service restaurants (QSRs) have offered their customers rewards, discounts and other incentives. Their aim is to help turn one-time buyers into return customers and encourage them to spend more at their restaurants — and visit...
Nature inspires some food startup founders to discover untapped opportunities. Misfits Market, for instance, grew out of Founder Abhi Ramesh’s trip to an orchard in Eastern Pennsylvania. On his apple picking adventure, Ramesh noticed that some of the fruits had fallen off the trees too...
A new study has revealed that retailers will lose around $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
It’s the end of an era: Lord & Taylor announced that it has left its landmark Fifth Avenue store in New York City. The retailer’s parent company, Hudson’s Bay Company (HBC), sold the iconic 676,000-square-foot building to WeWork for $850 million in fall 2017, in a...
Carillion’s ripple effect continues, with new questions lobbed at the firm’s former executives as the government weighs in on late payments. Elsewhere, late payments clip the wings of at least one air carrier in India, amid a tough competitive market and cash flow mismatches.
As 2019 dawns, there are several predictions that blockchain may have a breakout year. One reason? Smart contracts, as noted by MIT. In the meantime, supply chain tracking efforts are gaining some digital traction with huge firms such as IBM and Intel, in countries far-flung as...
A federal agency is investigating fees imposed by railroad companies that aim to get customers to comply with new procedures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
