In the latest example of growing cryptocurrency oversight in the Europe, Middle East and Africa (EMEA) region, the Financial Stability Board will propose crypto regulations in October to add regulatory teeth to the sector, according to a board press release Monday (July 11). The board...
It appears that the ultrafast grocery boom was short-lived. There have always been skeptics, but last year, it seemed to many that 10- and 15-minute grocery delivery services were the model of the future, and that quick commerce would continue to grow with no end...
Youth, goes that somewhat head-scratching saying, belongs to the young. And to that we might add: Amazon Prime Day belongs to the young, too. You no doubt know that the latest iteration of the mega, multi-day promotion looms this week. And readers of this space...
In a deal touted to unleash a “flurry of innovation” the world’s largest operator of travel-related retail stores is combining with the top airport and rest stop food and beverage company to create a $13 billion colossus with 5,500 locations in 75 countries. In announcing...
British luxury fashion brand Burberry is closing its flagship store in Hong Kong in a move that marks the latest in big-name fashion brands that are stepping away from the world’s top destination for luxury retail. The move by Burberry follows a similar shutdown in...
Customers of both Walmart+ Weekend and Amazon Prime Day get myriad savings and benefits, but the differences in perks add up to varied purchasing patterns and demographic trends, according to a new PYMNTS report, which surveyed consumers about their reasons for joining either or both...
Diesel founder Renzo Rosso told Financial Times he envisions his Italian luxury fashion empire, including sister brands Jil Sander and Marni, as one that’s modeled after — and will compete with — Kering, LVMH and other large, well-known names in the space. Rosso, chair of...
Uber’s past ghosts are still chasing the company, and the recent revelations exposing how top politicians secretly helped Uber to grow may have consequences beyond reputational damage. On Sunday, July 10, The Guardian revealed thousands of leaked files explaining the extensive help Uber got from...
Today is Monday (July 11) and of course, it’s National 7-Eleven Day — how clever to name a brand after a random day. This year is 7-Eleven’s 95th birthday (!) so free Slurpees are on tap just about everywhere — but only through its 7Rewards...
