Pitney Bowes has announced the launch of SendPro Enterprise, a cloud-based multi-carrier and PC postage software solution that gives companies greater control over all shipping activity and spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Activist investor ValueAct Capital Partners revealed that it’s built a roughly $1.2 billion stake in Citigroup. 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...
Welcome to Five at Five, your late look at some of the freshest payments news of the day. Today’s stories include Walmart’s investment in Indian eCommerce operator Flipkart. Other items offer news about Alibaba’s profit problem, Google I/O, new Groupon deals and how facial recognition...
To provide consumers with more ways to save money at neighborhood restaurants, Groupon has added American Express to its Groupon+ platform. The free-to-claim, cash-back deals program is now available in about 25 U.S. markets, the company said in an announcement. Get the Full Story Complete the...
Microsoft and Stripe are teaming up to enable integrated payments in Microsoft Outlook, the companies announced on Monday (May 7). 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...
As Alibaba looks beyond eCommerce to expand its empire, some investors are getting nervous: Since January, the eCommerce retailer has lost approximately $60 billion in market value, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As it tests out new retail concepts such as pop-up shops, Macy’s has acquired a retail store in New York City that has a rotating selection of items called STORY. Every few months, the store picks a theme such as Love, Home For The Holidays...
The race to win India’s eCommerce power player Flipkart is over and won by Walmart with a $15 billion bid on the firm. The deal will give Walmart of a majority stake in the firm, roughly 75 percent of the entire Flipkart group. The final outcome...
More retailers are adopting the view that closing stores isn’t a failure or a loss, but simply a pathway to greater success. Closing 10, 20 or 100 locations is simply a way to remove the weak links and focus more heavily on locations and strategies...
