Corporates offloading Chinese renminbi overseas have local banks scrambling to stunt the outflow of local currency, according to reports. 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...
Blockchain will change everything — or so many analysts thought. The hype over distributed ledger may have hit its apex, and we’re already seeing evidence of its decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Movements in payments stocks was decidedly to the downside, as declining names showed more dramatic shifting than did advancing issues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
It’s no small task. Most know by now that the movie theater industry has been through some considerable struggles in the past few years. MPAA statistics show that theater admissions in North America have been flat in recent years. In 2015, 1.32 billion tickets were...
The American mall, as its consumers know it, has evolved over the past 50 years, and even the last 20. As the online shopping trend quickly clicks forward, more malls have struggled as consumers visit retailers online and create less foot traffic. Get the Full...
When it comes to the holiday shopping season, consumers are flocking to their mobile devices this year. 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...
In what may be another round of rumors surrounding Indian eCommerce company Snapdeal to be quashed, the firm will not be bought by China’s Alibaba Group Holding. Reuters said there was no deal in the works, citing an unnamed source last week “familiar with the...
Amazon continues to focus efforts on expanding its market Chinese market to the nation of 1.38 billion. Last week, the online retail behemoth opened a showroom in Beijing’s popular shopping destination Sanlitun Square. Get the Full Story Complete the form to unlock this article and...
In a strong third-quarter performance that showed momentum in both online and brick-and-mortar sales, Ulta Beauty showed gains on both its top and bottom lines and boosted its annual guidance for what Chainstoreage.com said was the third time in just the past year. Get the...
