News

Retail
Why Are Home Depot, Lowe’s Sales So Consistently Successful?
August 23, 2016

While most big-name retailers struggled to kick off 2016, Home Depot and Lowe’s, the two top home improvement retailers in the U.S. marketplace, controlling 41 percent of all sales, have continued to beat the industry trend of diminished customer spending and reduced sales. Get the...

Retail
Alibaba Running Into Expansion Troubles In India
August 23, 2016

Alibaba, China’s largest eCommerce marketplace, is facing problems in its native land as it deals with sluggish expansion due to a maturing population and user saturation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

How To Save The EU, According To Stiglitz
August 23, 2016

Can this marriage be saved … and should it be? 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 daily newsletter, PYMNTS Today. By completing this...

Mobile Commerce
Vizury Strives To Make Push Notifications More Engaging
August 23, 2016

For most consumers, push notifications are more an annoyance than an effective marketing or sales tool, with the typical push notification only converting about 4–8 percent of recipients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Office Depot CEO Steps Down
August 23, 2016

Roland Smith, CEO of office supplies retail chain Office Depot, said on Monday (Aug. 22) that he planned to retire as the company’s CEO, although he would still remain as chairman of the board, according to numerous reports. Get the Full Story Complete the form...

B2B Payments
Lendified And The SMB/Millennial Connection
August 23, 2016

Flush with cash, Lendified is stepping up growth efforts in Canada and abroad and sees opportunity in younger, tech-savvy SMB owners getting businesses off the ground.

Investments
Virtru Raises $29 Million In Round Of Venture Funding
August 23, 2016

Virtru, the email and file encryption application, announced on Monday (Aug. 22) it closed a round of venture capital funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

CFPB
CFPB Charges Wells Fargo Over Student Loan Servicing Practices
August 23, 2016

Wells Fargo may have recently announced a partnership with Amazon to give student loan borrowers a break, but when it comes to servicing its existing loans, the bank is falling short — big time. Get the Full Story Complete the form to unlock this article...

Financial Inclusion
Are Millennials Better Off As Non-Home Buyers?
August 23, 2016

Millennials are buying fewer houses than their Baby-Boomer counterparts – that is inarguable by the data.  Across age groups, the U.S. homeownership rate has fallen to a 50 year low – 62.9 percent – and that dip is mostly powered by millennial homebuyers who aren’t buying. Among...