Chinese coffee startup Luckin Coffee has announced it is on pace to become the biggest coffee company in China this year, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
With its digital business delivering its 40th consecutive quarter of double-digit growth, Macy’s made progress on its 2019 strategic initiatives during the second quarter. The department store retailer bolstered its omnichannel efforts while opening a distribution center for its off-priced business that taps into cloud...
The 800,000-plus merchants on the Shopify platform can now talk to customers in real-time with Shopify Chat, VentureBeat reported on Wednesday (Aug. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The world of social media can be a rough sea to sail in. There are plenty of pleasant corners of course — filled with family vacation photos, cats, how-to videos, some top-shelf dad jokes, fashion advice and opportunities to purchase all kinds of useful and...
To help it grow its business, boat rental firm Boatsetter has announced a $10 million Series A “extension” funding round. The investment was led by Valor Equity and WestCap Group, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...
Youngsters tend to get all the credit when it comes to being a force that drives retail innovation, and that’s fair enough. Their mobile habits, for instance, are fueling so much change in commerce and also payments. But older consumers shouldn’t be counted out, either....
Some entrepreneurs aim to reinvent food categories when they can’t find options to meet their nutritional needs. The Cereal School Co-founder Dylan Kaplan helped start the company after he and Helen Guo, co-founder and CEO, wanted to try to cut sugar out of their diets and...
With its next step toward a high-profile debut that could come as early as September, the parent company of WeWork unveiled its papers for an initial public offering (IPO). The filing illustrates a company that has sharp revenue growth but has losses that have been...
A new report has revealed that Amazon’s Prime Day — along with promotions by other retailers — led to a boost in July retail sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
