News

Black Friday Fails To Buttress Sinking UK Sales
December 09, 2015

Retailers in the U.K. are hoping Christmas food and gift shopping will give a boost to sluggish holiday spending, which slumped in November. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Mobile Tips And CEO Shifts
December 09, 2015

How can a brand move mobile customers from “browsers” to “shoppers”? What’s behind Indochino’s CEO replacement? Those questions are answered -- plus, we explore the new frontier for online-to-offline -- in this week’s edition of the O2O Tracker.

Europe
Household Spending Drives Eurozone Growth
December 09, 2015

Household spending, paired with a buildup in inventory, was the engine driving economic growth in the Eurozone during the financial quarter that ended in September, offsetting a rise in imports that slowed expansion some. Get the Full Story Complete the form to unlock this article...

Merchant Innovation
Why Jim Cramer Thinks Dollar Stores Are Retail’s Last Hope
December 09, 2015

Investors looking for a stable play in retail don’t have many places left to turn, and as consumer opinions grow even more fickle, placing big bets on brand names is more than the average stock broker can take. Get the Full Story Complete the form...

Retail Hiring At Its Weakest Levels Since 2011
December 09, 2015

Retail hiring was on the decline again in November, down 5 percent, according to outplacement firm Challenger, Gray & Christmas’ latest report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cool
Retailers Hit And Miss With Millennials On Livestreams
December 09, 2015

It used to be that viewing an event such as a sports game or a fashion show in-person was the exclusive privilege of a few lucky thousand. However, thanks to the ubiquity of the smartphone, the average consumer now expects access to his or her...

B2B Payments
FACe Sees Its Widespread Debut
December 09, 2015

When Network Merchants (NMI) first announced plans to release a global payment gateway, its CEO, Roy Banks, told PYMNTS that it would stand out from the crowd by offering a new way to tackle the complexity of companies’ payments processing needs — especially for SMEs....

B2B Payments
Showing Businesses The Forex Light
December 09, 2015

Sometimes, it takes a fresh pair of eyes for a business to gain a new perspective. Australian foreign exchange FinTech firm OzForex just hired Prince Ghuman as director of marketing and director of enterprise development for the firm’s North American units, USForex and CanadianForex. Get...

B2B Payments
Alt-Lender ThinCats Gets Snatched Up
December 09, 2015

The U.K. alternative lending market just saw a bit of consolidation. Reports on Tuesday (Dec. 8) revealed U.K. peer-to-peer small business lending portal ThinCats has been acquired by ESF Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...