British coffee and sandwich chain Pret A Manger has found a new majority stakeholder: JAB Holding Company is expanding its already considerable reach within the coffee business with a purchase. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Three years after Kraft Food Group and H.J. Heinz merged, the combined company may be hungry for acquisitions. After cutting $1.7 billion from spending, executives of Kraft Heinz said it’s now time for growth and investment, The Chicago Tribune reported. Get the Full Story Complete the...
The American Trucking Associations (ATA) said that the U.S. is facing a shortage of 50,000 truck drivers, impacting both retailers and consumers. The U.S. will need 898,000 additional drivers over the next 10 years to meet future demand, CNBC reported. Get the Full Story Complete the...
American retailers are heading east: They’re opening the doors to brick-and-mortar stores in China, while listing on China’s dueling marketplaces — Tencent and JD.com. Walmart, for example, brought a small-format supermarket to the city of Shenzhen as the popularity of “small retail” grows in China. Get...
A new survey has found that one-third of employers are using payroll technology that is at least 10 years old. The “Evolution of Payroll Technology Survey,” conducted by Kronos with the American Payroll Association, polled nearly 1,000 payroll professionals from small, mid, and enterprise-size organizations (SMBs)...
Fidelity Bank Ghana announced it is boosting its support of the country’s Small and Medium Scale Enterprises (SMEs) through new products, specialized services, as well as financial and technical assistance. According to GhanaWeb, the news was revealed at the bank’s SME summit in Accra, which was...
The Hill has taken up legislation that eyes late payments, indicating that not everything is Carillion, all the time, when it comes to vendor payments. But then again, Carillion continues to have an impact across the pond, where official reports find lax government reactions to...
In the early 1950s, an engineer named William Fair encountered a mathematician Earl Isaac who together decided to work out an automated credit scoring system for banks. In 1956, they came-up with the first version of the Fair Isaac credit score — or the FICO....
New research from Kaspersky Lab shows that the average cost of experiencing a data breach globally is on the rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
