News

Retail
MoviePass Cancels Price Hike, But Limits Monthly Movies
August 06, 2018

The ongoing MoviePass drama continues this week — the firm is working hard to regain its footing after a destabilizing few months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Digital Banking
Monzo Extends Its Bank Accounts To UK Residents Aged 16, 17
August 06, 2018

Monzo, the digital bank, announced Monday (Aug. 6) that it is making its bank accounts open to anyone in the U.K. between the ages of 16 and 17. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Treasury Finds Promise In, Urges Regulation Across, FinTech Landscape
August 06, 2018

It was no surprise that FinTech dominated regulatory headlines this past week, with a Treasury report that helped set the stage for a sea change in how these financial upstarts might be both governed and cultivated. Get the Full Story Complete the form to unlock...

Retail
215K Retail, Manufacturing Jobs Added In July
August 06, 2018

While economists had predicted that hiring would slow this year, U.S. employers have been expanding their payrolls, adding an average of 215,000 jobs per month through July. By comparison, employers added 184,000 jobs on average over the first seven months of 2017, the Wall Street Journal reported....

Retail
Pepsi CEO Indra Nooyi To Step Down
August 06, 2018

After 12 years – and a recent spate of run-ins with activist investors – Pepsi CEO Indra Nooyi will step down from leading the food and beverage firm. She will be succeeded in the role by Pepsi President Ramon Laguarta as of October 3. Nooyi will remain...

Retail
How Digitally Native Brands Can Grow With Showrooms
August 06, 2018

Digitally native brands are trying on a new brick-and-mortar model for size: Instead of opening the doors to cavernous stores, they are opting to create smaller-format locations. When Indochino made the transition from a digital-only to an omnichannel retailer, for example, the Canadian fashion brand...

Retail
November Six’s Keep It Simple Approach To Curation
August 06, 2018

Choice – and how much to have on hand – is a stunningly complicated problem for retailers. Too little choice, and customers undoubtedly get bored and move on to more interesting pastures. That is the basically intuitive side of choice: Consumers like and require it,...

Retail
IKEA Launches Inspiration Experience In Select Cities
August 06, 2018

IKEA announced that it will commemorate its 75th anniversary this year with a limited-time IKEA Inspiration Experience in New York and Chicago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Gobble Teams Up With Walmart To Sell Meal Kits Online
August 06, 2018

Gobble is teaming up with Walmart to offer its meal kits on the retailer’s eCommerce platform. The meal kit provider offers meals that require one pan and can be made in 15 minutes or less, Fortune reported. Get the Full Story Complete the form to...