News

Payment Methods
Chinese Tourists Are Driving Global Payment And Retail Change
May 11, 2018

One of the small joys of travel is waking up a bit later than expected, then skipping the check-out desk on the way to a cab or shuttle bus, the morning off to a strong start because there was no need to wait in a line....

Investments
Ant Financial Seeks $10B In Funding
May 11, 2018

Ant Financial is planning on raising $10 billion over the next couple of days, possibly bringing in the Carlyle Group and the Canada Pension Plan Investment Board as investors, which it will primarily use for expansion overseas. The Chinese payments company is reportedly worth around $150 billion in...

Retail
Nestlé Misses Out As Frozen Food Category Heats Up
May 11, 2018

Nestlé’s three-year plan to get millennials back into frozen food was only half-cooked when consumers in their 20s and 30s started returning to the freezer aisle of the grocery store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Jeff Bezos: Humans Are Scarier Than AI
May 11, 2018

Robots aren’t going to take over the world, but humans could use them for some scary stuff. That’s Amazon CEO Jeff Bezos’s take on artificial intelligence (AI), according to CNBC. And in the wake of Google’s latest tech revelation, many experts are agreeing with him....

Retail
Toys R Us Pain Could Be Gain For The Children’s Place
May 11, 2018

In every story of less, there is usually someone who gained. In the case of the massive Toys R Us bankruptcy, children’s apparel retailer The Children’s Place could end up unexpectedly on the winner’s list. Get the Full Story Complete the form to unlock this article...

Delivery
Online Catering Platforms Help Restaurants Reach Offices
May 11, 2018

Companies often face a dilemma when it comes to corporate catering: They want to order breakfast, lunch, dinner or snacks for their employees, but the process can be complicated. Some companies assign that task to one employee — and that job is not easy. Arram Sabeti...

Retail
The Competition In Selling A Good Night’s Sleep
May 11, 2018

Americans could stand to get a few more hours of rest each night. According to the CDC, about one-third of all Americans between the ages of 18–70 are not getting the recommended 7–8 hours of sleep a night — or, in a lot of cases,...

Retail
BJ’s Launches Click-And-Collect Service
May 11, 2018

BJ’s Wholesale Club has brought a click-and-collect service to 215 of its brick-and-mortar locations as part of its efforts to enhance its customer experience. The service, dubbed “Shop BJs.com – Pick Up in Club,” allows shoppers to pick up their online orders as soon as two hours...

Retail
Retail Pulse: Shopify, Warby Parker Open The Doors On Digital-First
May 11, 2018

Online brands continue their march into the offline world as Shopify and Warby Parker announce plans to open brick-and-mortar locations in the coming months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...