Office Depot is rejecting a $2.1 billion offer from Staples to buy the company outright, but is offering to either sell just Office Depot’s retail business or combine Office Depot and Staples stores and run them as a joint venture. Get the Full Story Complete...
Alice Chang has worked as an investment banker, and helped take a company called CyberLink to a successful initial public offering (IPO) and eventual $8.5 billion valuation. Then she founded beauty-tech firm Perfect Corp., which this month closed a $50 million Series C funding round...
Bed Bath & Beyond Inc. said on Tuesday (Jan. 19) that it has finished its sale of Cost Plus World Market (CPWM) to California-based private equity firm Kingswood Capital Management, according to a statement. Get the Full Story Complete the form to unlock this article and...
Chuck Huang, founder and CEO of Citcon, explores how the pandemic has prompted retailers to capitalize on the surge in demand for contactless, digital payments. “As the payment digital glue increases in criticality, driving penetration of digital payments for retailers will become more essential, Huang...
In today’s top retail news, Alimentation Couche-Tard has scuttled an approximately $20 billion effort to buy Carrefour SA, while Ulta Beauty has reduced its corporate and field management staff amid the pandemic. Plus, the race is revving up at supermarket aisles throughout the nation to add...
Walmart-controlled Flipkart Group, which is looking to go public, will now allow its customers to use rewards points alone to pay for products — online and off. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
“We’re going to fully activate the pharmacies across the country to get the vaccination into more arms as quickly as possible,” Biden said in a speech on Friday (Jan. 15), outlining his plan to vaccinate 100 million Americans during his first 100 days in office....
CEO Michael Bor of CarLotz — a used-car platform he co-founded and expects to take public this week via a SPAC — says selling used vehicles isn’t all that different from his old job as a mergers-and-acquisitions investment banker. In both cases, someone would approach...
The race is revving up at grocery aisles across America to add “smart” shopping carts that can track what consumers pick up off the shelves and allow them to pay without standing in line. Get the Full Story Complete the form to unlock this article...
