News

Retail
Walmart Adds Bare Necessities To Its eCommerce Acquisitions
October 12, 2018

Walmart has announced its acquisition of online intimate apparel seller Bare Necessities. 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...

B2B Payments
Patisserie Valerie Finance Director Arrested Amid Accounting Probe
October 12, 2018

The chief financial officer of U.K. café chain Patisserie Valerie has been arrested after the company revealed “significant, and potentially fraudulent, accounting irregularities,” according to BBC reports on Friday (Oct. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
CVS Rolls Out Support For Apple Pay
October 12, 2018

Months after Apple CEO Tim Cook said CVS would be accepting Apple Pay, the retailer has brought support for the mobile wallet to stores across the country. The retailer had reportedly slowly brought the functionality to its brick-and-mortar stores, and the rollout has now been...

Retail
Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery
October 12, 2018

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. News this week surfaced that FAO Schwarz is planning to have a flagship store in New York City once again – this time at Rockefeller Center instead of...

Retail
Jenna Lyons’ Second Omnicommerce Act
October 12, 2018

Jenna Lyons was, in the early 2000s and 2010s, a force in fashion to be reckoned with, best known for taking J.Crew’s trademark ultra-preppy style and spicing it up with her love of mixed textures and prints. She reimagined the store’s style almost entirely — preppy...

Retail
Walmart Teams With Eko To Develop Content
October 12, 2018

To drive customer engagement and bring in shoppers, Walmart has teamed up with video content developer Eko for a joint venture dubbed W*E Interactive Ventures. The two companies will develop content such as cooking shows and toy catalogs, Reuters reported. Get the Full Story Complete...

B2B Payments
Software Procurement Plays Favorites With B2B Investors
October 12, 2018

Cybersecurity is likely to remain a favorite among B2B investors into the foreseeable future, so it’s no surprise that the industry landed on the board more than once this week. Also enjoying a busy investment week were the logistics and on-demand coworking space industries, particularly...

B2B Payments
Sievo Calls On Procurement To Broaden Analytics Horizons
October 12, 2018

They say “you’re biggest competitor is yourself.” In corporate finance, though, it may not pay to look at financial performance in isolated fashion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
MINDBODY Co Data Breach Could Impact 113.5M Users
October 12, 2018

FitMetrix, a fitness technology and performance tracking company owned by MINDBODY, has suffered a data breach that could impact 113.5 million users. The company, which builds fitness tracking software for gyms and group classes, was acquired by gym and wellness scheduling service MINDBODY earlier this...