News

Retail
Walmart Wants To Add $250 Billion In US-Made Products By 2023
June 30, 2016

Walmart wants to add $250 billion worth of Made in the USA products to its stores by 2023, an ambitious plan the retail giant says will add 1 million new American-based manufacturing and support jobs as well. Get the Full Story Complete the form to...

Sony Expects To Hit Profit Target, Thanks To PlayStation 4 Sales
June 30, 2016

Sony told investors on Wednesday that it expects to hit its profit target for the year thanks to the greater than expected growth of the PlayStation 4, but also warned of further decline in the smartphone market that is affecting its image-sensor business, according to...

Merchant Innovation
Victoria’s Secret Embraces The ‘Bralette’
June 30, 2016

Victoria’s Secret might be one of those rare crossover brands that has equal name recognition among men and women despite selling to just one of them, and it’s done so off the strength of a single product: bras. However, the changing of the tides of...

Merchant Innovation
Kohl’s Is Betting Big On In-Store Tech
June 30, 2016

When you think of tech-savvy retailers, there are a few dozen names on the list before you arrive at Kohl’s. The no-frills retailer knows this as much as anyone, which is why it’s investing heavily into tech-centric store redesigns. Get the Full Story Complete the...

Risk Management
Chapter 11 Watch: Forever 21 Dumped By Supplier, Brexit Shakes Things Up
June 30, 2016

It was an odd week for retail bankruptcies, if only because news of the Brexit decision to pull out of the European Union seemed to give more cause for concern over retail’s future on both sides of the Atlantic. But now that the British and their...

Retail
Amazon Gets Back Into The Phone Biz – With A Twist
June 30, 2016

Well, as they say, if at first you don’t succeed, try and try again. 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...

MasterCard Powers Vodafone Egypt’s Mobile Wallets
June 30, 2016

MasterCard and Vodafone have secured a new deal that will have MasterCard powering Vodafone Egypt mobile money service, Vodafone Cash. 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...

Security & Fraud
ACLU Challenges Constitutionality Of Anti-Hacking Law
June 30, 2016

The American Civil Liberties Union heads to federal court to fight the constitutionality of an anti-hacking law. 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...

B2B Payments
Expenses, Monitored by Tech – and Humans
June 30, 2016

Tracking expenses across borders can be made easier with technology – but sometimes a pair of human eyes, or several pairs, can make the difference, explains Raimundo Diaz, head of Americas at TMF Group.