Japanese telecommunications firm Softbank Group announced it had acquired a large stake in ride-hailing company Uber Technologies on the cheap, with investors and employees tendering shares, the Wall Street Journal reported Thursday (Dec. 28). Get the Full Story Complete the form to unlock this article and...
In their ongoing attempts to remain competitive in an increasingly crowded grocery landscape, Kroger is reportedly in talks with Ace Hardware about pursuing a potential partnership. That partnership would see Ace locations pop up within Krogers — mini-store style. Get the Full Story Complete the form...
“It was the best of times, it was the worst of times…” 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...
While everyone is looking ahead to 2018, it’s worth a look back at some of the major payments milestones of 2017. For Michael Miebach, chief product officer at Mastercard, those milestones include key acquisitions and partnerships that propelled the spread of real-time payments, use of...
Payments has by and large been a growth business for the last half decade or so, and that fact has been mappable in scores of innovations around the world. But, as PYMNTS’ Karen Webster pointed out, for all of those advances, one is conspicuously missing from...
Nike and StichFix will be teaming up this spring to run a pilot, and the athletic retailer has also announced plans to extend a partnership with Amazon first announced earlier this year, according to reports from RetailDIVE. The moves come as the once-dominant athletics wear retailer...
Artificial intelligence (AI) was one of 2017’s hottest industry buzzwords as many have begun turning to machines to solve problems that are simply too large for humans to calculate. 2017 has seen AI applied to fraud and security, identity verification, customer service, and many other...
Dollar General is planning an expansion with a focus on rural American. The chain announced Wednesday (Dec. 27) that it will be opening its 17th distribution center in the U.S. — a facility that is set to create approximately 400 new regional jobs. Get the Full...
Catalog and eCommerce home goods and textile retailer The Company Store has been acquired by Home Depot, the home improvement giant announced Thursday (Dec. 28). The deal closed on Dec. 19, according to reports from RetailDIVE. Terms have not been disclosed, but five brick-and-mortar The Company...