News

Retail
The Inside Scoop: Black Friday Consumers
December 02, 2016

As of now, the big Thanksgiving Holiday weekend is in the past, and the official scoring has been in. Online shopping was the bigger winner, brick-and-mortar continued to suffer losses, more consumers spent, but they spent less per person because everything everywhere was on sale....

Merchant Innovation
Local Insights On Airbnb In San Francisco
December 02, 2016

Twenty, 10, even six years ago, most (if any) had neither the technological capability nor the foresight to imagine the future of the homeshare and vacation rental industry. But there’s no doubt about it now: Airbnb is big business. Get the Full Story Complete the...

Fitbit Eyeing Pebble In $40 Million Deal?
December 02, 2016

Fitness technology firm Fitbit is coming close to acquiring Pebble, the smartwatch maker, in a transaction that Venturebeat.com says will “spell the end of the Pebble brand” with an attendant purchase price of $34 million to $40 million. Get the Full Story Complete the form...

Retail
Nike Debuts Self-Tying Laces
December 02, 2016

Nike’s technology investments are being put to the test this week after the release of its new product, the Nike HyperAdapt. It is a $720 pair of shoes — and these particular kicks come with a set of self-tying laces (think Back To The Future:...

Retail
Affinity Startup Creates Fashion Site
December 02, 2016

Former Google employee Abigail Holtz is looking to help shoppers discover the right apparel with her new startup Affinity, which offers a “Pandora for fashion” type functionality. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
El Pollo Loco’s App Serves Up Online Ordering
December 02, 2016

Fire-grilled chicken chain El Pollo Loco announced the launch of its new mobile app and online ordering platform on Thursday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Data Enablers: Quotient Tech Changes Name
December 02, 2016

Many companies go through name changes. Google was originally called BackRub. Nissan was formerly Datsun. And Accenture was previously known as Andersen Consulting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Starbucks CEO Howard Schultz To Resign In 2017
December 02, 2016

Starbucks announced a new leadership structure on Thursday (Dec. 1) that it said will help to usher in a new wave a digital growth. As of April 3, 2017, the company’s longtime CEO and Chairman Howard Schultz will step down from his role and will...

Merchant Innovation
First Canadian Amazon Launchpad Store Opens
December 02, 2016

Amazon.ca announced Thursday (Dec. 1) that it is expanding Amazon Launchpad into Canada. Amazon Launchpad is an online store that showcases hundreds of different innovative products that are available for purchase by Canadian consumers. Get the Full Story Complete the form to unlock this article...