News

Loyalty & Rewards
Airlines Raise The Price Of Loyalty
November 06, 2018

In the digital world, loyalty can work as a differentiator, a way to keep consumers amid fierce competition from many merchants. But loyalty also comes at a price, and as airlines enjoy strong demand, one major carrier is upping the cost for its top customers...

Regulation
France’s Finance Minister Wants EU-Wide Digital Tax By Year End
November 06, 2018

France is plowing ahead with its vision for a European Union-wide digital tax, with the country’s Finance Minister Bruno Le Maire saying he wants the tax approved by the end of 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Jaguar, Renault-Nissan Invest In Commuter Mobile App Transit
November 06, 2018

Transit, the startup that helps city dwellers navigate life and move about the city without a car, just raised $17.5 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
US Holiday Sales May Top $1 Trillion This Year
November 06, 2018

With strong income growth, increased customer confidence and low unemployment, U.S. holiday sales may top $1 trillion this year. eMarketer noted that the sales may reach $1.002 trillion for the period extending from Nov. 1 to Dec. 31 — nearly 6 percent more than 2017, CNBC reported....

Retail
CVS Health Beats Q3 Estimates Amid Strong Pharmacy Revenue
November 06, 2018

CVS Health beat analysts’ earnings and revenue estimates for the third quarter amid a rise in its pharmacy revenue. The retailer, which also said it foresees its Aetna acquisition to close prior to Thanksgiving, reported earnings per share of $1.73 and revenues of $47.3 billion compared to...

Retail
Deliverr Vying To Become ‘Uber’ Of Ground Shipping In eCommerce
November 06, 2018

Before Michael Krakaris co-founded an online fulfillment platform for eCommerce merchants, he learned firsthand how companies could reinvent messy spaces with software. One of his first jobs was working for a company that created an application programming interface (API) to help businesses send text messages to...

Retail
Thistle On Why Discipline Is Critical To Meal Kit Success
November 06, 2018

A quick glance at the  PYMNTS Subscription Commerce Tracker quickly explains the massive allure of the meal kit delivery business for entrepreneurs of all kinds. The projected value of meal kit subscription sales is estimated to hit $3 billion in 2018. Which is why there...

Retail
With Five-And-Dime Roots, Five Below’s Still Making It On Main Street In The Amazon Era
November 06, 2018

Long before Five Below started selling items like Bluetooth headsets and Spalding basketballs for $5 or less, Frank Woolworth opened Utica, New York’s The Great 5¢ Store in 1879. The store’s selection was, of course, decidedly low-tech: the first item sold was a fire shovel...

B2B Payments
Bloomberg, Shell Design Treasury Tool To Centralize FX Management
November 06, 2018

Technology developed by Bloomberg is now being used by Shell‘s Foreign Exchange Central Treasury unit to interconnect the fuel conglomerate’s operating units across 22 markets, the companies revealed Monday (Nov. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited...