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...
As it acclimates to the effect of the coronavirus pandemic, Ulta Beauty has reduced its field management and corporate headcount, the Chicago Tribune reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
After encountering strong resistance from the government of France, Alimentation Couche-Tard has scrapped an approximately $20 billion effort to buy Carrefour SA, Reuters reported. Alimentation Couche-Tard said in a statement that “preliminary discussions around a transaction” were “no longer continuing.” However, the companies opted to extend...
