Welcome to Five at Five, your late look at payments and commerce news you might have missed. Today brings news about a major financial boost for the future of automotive, along with a security move by Mastercard. Apple is going to launch a new chip,...
And the award for “techiest” retailer goes to … Walmart? 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...
Add “social credit” to the list of factors that could influence the Chinese economy — and, perhaps, consumer activity in other parts of the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
After a winter that seemed on track to last forever, summer has arrived, and with a vengeance in some parts of the United States. That means people nationwide are looking for ways to stay cool — including parents who will spend the GDP of a small nation...
As Claire’s Stores seeks to attract investors and potential buyers, the retailer has gained approval to close 37 of its brick-and-mortar stores, which are primarily located in malls, Retail Dive reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Things are not looking good for Sears as 63 more stores hit the chopping block — although, if one is looking for a silver lining, that number was initially supposed to be 72. However, the retailer has identified 100 unprofitable Sears and Kmart stores, meaning...
Advancing its advertising efforts, Pinterest said that it plans to offer a promoted video tool, which allows marketers to gain more real estate than the platform’s typical grid-style layout, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As Costco amps up its omnichannel offerings, the warehouse club is seeing that its efforts are paying off: The retailer reported that total eCommerce sales were up 37 percent year over year as of the third quarter. In addition, the company’s eCommerce sales were up...
From $250 million for Tradeshift to a $2 million pre-Series A funding round, VC activity in the B2B space was varied in scope and size. The themes? Global expansion and using tech to make traditional B2B processes (and materials) a bit more streamlined and modern....
