This edition of the Alibaba Tracker begins with the news that the Office of the U.S. Trade Representative (USTR) has placed Taobao, Alibaba’s online marketplace, on its annual Notorious Markets blacklist. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In a news release, JCPenney confirmed that its home office campus, which includes the Home Office building surrounded by 45 acres of land, will be sold for $353 million to Dreien Opportunity Partners, LLC, general partner of Silos Opportunity Partners, LP. Get the Full Story...
A newly launched research program in consumer spending on digital devices, services and content from International Data Corporation (IDC) holds some interesting predictions about consumer spend on digital goods in 2020. Here are some of the key findings. Get the Full Story Complete the form...
During the holidays, consumer confidence was at a nine-year high, which pumped up spending and led to happier retailers. Then, experts noticed that sales and confidence were tracking better than expected. By the last day of the year, the Consumer Confidence Index was higher than...
Imagine that the sun is shining, the birds are chirping and there is absolutely no reason to be inside. It’s time to be adventurous. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Many retail companies rung in the new year with a new CFO. Or, at least, many retail companies wanted to. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
“There’s [still] an app for that,” as they say, and there were even more in 2016. According to Nielsen, last year was a big year for digital — including new devices, new apps and the market for virtual reality (VR) devices. In a recent study, the research...
A new McDonald’s site opened last Friday in the Pio Borgo district of Rome, and the Vatican isn’t exactly “lovin’ it,” as it were. That’s because the new McDonald’s location, just around the corner from St. Peter’s Square, sits about 100 yards away from the...
In this week’s Grocery Tracker: a sugar warning controversy, food prices on the rise in Canada, a class-action lawsuit and wholesale dominates the holidays. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...