A new deal involving SWIFT and 10 Chinese banks represents the latest move in the global competition to facilitate cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Following new alliances with Tencent and Google, Carrefour’s chief executive Alexandre Bompard said that the company is making big progress on the digital front. He explained that the retailer’s expansion in digital commerce was an “absolute” priority as the company faces competition from online rivals,...
Craft store Michaels is reeling from a rough day on the market, suffering through its biggest single-day share price drop since its initial public offering (IPO) in 2014, according to news from The Financial Times. Get the Full Story Complete the form to unlock this...
It’s been a week of experimentation in retail, with many big names opening new types of stores to — as the saying goes — see what sticks. Brands like TJX, Macy’s, craft and fabric retailer Joann, and Walmart’s ModCloth are trying on smaller-format, off-brand and...
As the liquidation of Toys R Us marches on, retailers are bidding on the toy store’s brick-and-mortar locations. The latest successful bidders include ALDI, Ollie’s Bargain Outlet, Raymour & Flanigan, Ashley Furniture and Big Lots, CNBC reported. Get the Full Story Complete the form to unlock...
Grupo Boticário and Natura Cosmeticos — two rising brands in Brazilian beauty — are both being heavily recruited by Amazon to sell via its Brazil platform, according to recently sourced reports in Reuters. The move represents an early play by Amazon on the world’s fourth-largest...
After serving as the VP of technology at The Home Depot, Naveen Krishna is heading to Macy’s to become the retailer’s chief technology officer. In his role, he will lead the company’s technology strategy, in addition to spearheading the teams that build the company’s eCommerce...
On some level, the goal of redesigning swimwear, so that it makes just as much sense on the beach as it does anywhere else in public, can seem like a strange goal. Why would anyone want to look like they are dressed for the beach...
Financial analytics firm RapidRatings and procurement technology company SynerTrade are collaborating on a solution for companies to mitigate procurement risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
