News

Retail
This Weekend’s $25B Shopping Event
November 10, 2018

When Singles Day launched nearly a decade ago, the then-fledgling eCommerce brand Alibaba didn’t really think they were changing the face of commerce in its nation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Alipay Teams With UEFA For Mobile Payments At Soccer Games
November 09, 2018

With a new commerce deal for the soccer world, Ant Financial’s Alipay has partnered with Europe’s UEFA to bring its platform to events sanctioned by the organization’s men’s national team. Terms of the arrangement, which is said to have a duration of eight years, were not made...

Merchant Innovation
Microsoft Signs Deal With Gap For Core Computing
November 09, 2018

To provide another retailer with its core computing needs, Microsoft has reportedly inked a five-year deal with Gap. The size of the deal was not made public, and the move comes as some retailers are tapping Microsoft and Google over Amazon, CNBC reported. Get the Full...

Retail
Boatsetter’s Slow Sail Into The Sharing Economy
November 09, 2018

Two-party marketplaces are complicated, and three-party marketplace are so complicated as to be almost unheard of. And yet, that is exactly what Florida-based Boatsetter has built: a platform to connect boat owners, charter firms and renters together to build better boating experiences. Get the Full...

International
Amex Obtains License For Chinese Card Service
November 09, 2018

Before a summit between China’s President Xi Jinping and U.S. President Donald Trump, American Express has received the go-ahead to open up card-clearing services in China. China’s central bank announced the approval on Friday (Nov. 9), The Wall Street Journal reported. Get the Full Story...

Retail
Retail Pulse: Glossier Goes Experiential In NYC; Holiday Retail Sales May Top $1 Trillion
November 09, 2018

It’s not uncommon for brands to open permanent stores after experimenting with pop-ups, but Glossier is taking an innovative payments approach to its new flagship in New York City that launched on Thursday (November 8): the company is bringing its own point-of-sale system (POS) to...

Retail
All Grown Up And Ready To Pop Up: eTailers Turn To Pop-Up Store Gurus
November 09, 2018

For digitally native brands moving from the web to brick and mortar, startups are providing a platform to help with the transition. Uppercase Co-founder and CEO Yashar Nejati said that anyone can start a brand online, but when brands arrive at a certain threshold –...

Retail
Coca-Cola Looks To Create Energy Drinks
November 09, 2018

As Coca-Cola Co. moves away from soda, the beverage maker is eyeing the energy drink market. The company is looking to roll out beverages that are created with natural guarana extract and caffeine that are said to be called “Coca-Cola Energy No Sugar” and “Coca-Cola Energy,”  Reuters...

Retail
Best Buy Offers Free Shipping For The Holidays
November 09, 2018

For the fourth consecutive year, Best Buy is offering free shipping on all online orders with no minimum purchase for the holidays. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...