News

Ridesharing
In San Fran, Scooters Make (Controlled) Return
August 31, 2018

Turns out scooters may be slowing to a crawl. 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 this form,...

eCommerce
You May Kiss The Bride — After You Shop Online
August 31, 2018

When in doubt, bet on digital. 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 this form, you agree to...

Retail
Black Diamond Resists Walmart Post-Moosejaw Pair-Up
August 31, 2018

Just a few days after Walmart announced its “Premium Outdoor Store curated by Moosejaw,” it found itself on the receiving end of a cease and desist letter asking to be removed from the shop. Get the Full Story Complete the form to unlock this article and...

Retail
Amazon Plans To Roll Out Food And Drinks On Mexico Site
August 31, 2018

To attract customers in a still emerging eCommerce market, Amazon plans to start offering drinks and food in Mexico. The items are said to include sweets, snacks and beverages, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Urban Outfitters Speeds Up And Branches Out
August 31, 2018

Flash back in time to 2016. Urban Outfitters was beginning to look like a lot of other physical retail brands that were getting into hot water in the digital age. Comparable sales were down, revenue was falling and the murmurs about another once-hip brand falling...

Retail
Chinese Consumers Drive Sales Growth For Luxury Goods
August 31, 2018

As shoppers around the world headed out to purchase those internationally-known, little blue boxes, Tiffany & Co. posted a strong second quarter. The jeweler booked an increase in global sales of 12 percent, arriving at $1.1 billion. At the same time, same-store sales growth beat...

Retail
Uber Experiments With Drone Technology
August 31, 2018

To help deliver food through the skies, Uber is reportedly trying out drones. Uber Elevate, a division of the ridehailing firm, is testing out the idea to help bring faster deliveries to its Uber Eats platform, BGR reported. Get the Full Story Complete the form...

Retail
Retail Pulse: Amazon Go Opens Second Store; Whole Foods Sees More Foot Traffic
August 31, 2018

Amazon, which has dived into the grocery business with its acquisition of Whole Foods, is moving its Amazon Go cashierless C-store beyond its corporate campus. This week, Amazon expanded the concept by opening the doors to its second Amazon Go store at the foot of...

B2B Payments
Cloudian Raises $94 Million For Enterprise Data Management
August 31, 2018

California’s Cloudian raised $94 million in Series E venture capital this week, securing what the company says is the largest-ever investment round for a “distributed file systems and object storage provider.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...