Barclays, gearing up to drive more innovation, and thus profit, in its U.K. business is creating a venture capital-type unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
As Chinese tech companies ramp up their efforts to offer financial services, BlackRock Co-Founder Robert Kapito said that existing Western firms may struggle to compete. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
After looking sluggish in the first few months of the year, U.S. retail sales bounced back a bit in March, according to figures just released by the Commerce Department, The Wall Street Journal reported. A bit of a commerce chill settled on consumer-spending patterns in the...
About two years after J. Crew decided to close its wedding-dress business, Gap Inc. plans to shutter Weddington Way shops within Banana Republic stores, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
With more than double the average monthly visits of JCPenney’s website, Macy’s has been ranked the top eCommerce destination for apparel in SimilarWeb’s latest index. The retailer’s website has 55.9 million average monthly visits, retail news source Retail Dive reported. Get the Full Story Complete the form...
Kids these days would rather spend their bucks at Starbucks than on the latest fashion. Piper Jaffray’s semi-annual teen spending survey shows that, once again, America’s youth would rather invest in a casual meal with friends than in a killer wardrobe to impress their peers...
There could be so much more to a cashier-less checkout experience — and for so much less than what Amazon is spending to do it at its bespoke Amazon Go convenience and grocery stores. That’s not to say Amazon Go is a bad system; it...
Foursquare is offering small businesses (SMBs) and startups access to its geolocation API, according to VentureBeat reports on Friday (April 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
An estimated $1.2 trillion worth of sales is expected to pass through B2B eCommerce systems by 2021, according to Forrester research published last June. Analysts are forecasting a rise in B2B buyers seeking products online, with the customer experience the driving factor of growth and...
