Amid competition from Alibaba and Amazon, Chinese online retail firm JD.com has led an investment in Vietnamese eCommerce firm Tiki.vn, Business of Fashion reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
An increasing number of consumers are getting a roommate, and her name is Alexa. 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...
Amazon’s multibillion-dollar acquisition of Whole Food Markets will go down as a defining moment in retail – one that PayPal CEO Dan Schulman likened to Pearl Harbor in an interview with TheStreet.com. Get the Full Story Complete the form to unlock this article and enjoy...
One might just call this the age of unattended retail. 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 Today. By completing this...
To help develop its technology to drive online clothes purchases through recommendations, a startup that uses machine learning to help pair consumers with clothes that fit their size and style raised $55 million in a Series C funding round, TechCrunch reported. Get the Full Story...
To avoid publicity, retail stores in U.S. malls are closing without a formal announcement or honoring the length of their leases, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Swedish fashion eCommerce firm NA-KD has raised $45 million in a Series B funding round. Of those funds, reports TechCrunch, is $5 million that comes from a “cash in,” as the site terms it, from early shareholders. Get the Full Story Complete the form to...
“I’ve been on Amazon a lot and never smelled a pork loin.” 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 Today. By...
Luxury retailer Saks Fifth Avenue is taking a stand against the ongoing push for artificial intelligence (AI) in the brick and mortar shopping experience. In a recent interview on CNBC’s “Squawk Box,” Saks’ president Marc Metrick explained he is not intimidated by the digital trend. Get...