If fashion startups stay on track, it’s possible that department stores could go the way of the dodo. 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...
Amazon is letting Prime members stream its instant video service free of charge on JetBlue, according to a May 5 announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Margrethe Vestager, the European Union’s Competition Commissioner, said that there would be a delay in the investigation on tax arrangements in Luxembourg for Amazon and on the treatment of Apple by Ireland, The New York Times reports. Initially, the commissioner was aiming to complete these...
According to the company’s CEO, Postmates could start to turn a profit next year — but that doesn’t necessarily mean the people running it will try to make that happen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It has been an interesting year to be American Express. The downsides of interesting — namely the end of its relationship with the nation’s second largest retailer Costco followed shortly thereafter by a similar break-up with JetBlue — have been well documented and rather extensively discussed....
Groupon had its share of positive financials to report on in its first quarter earnings yesterday (May 5), including $750.4 million in revenue and a gross profit of $347.4 million. But more importantly, on the commerce side, there were a few key comments during the company’s call with...
Digit – a San Francisco-based startup that helps consumers save their money a little more efficiently – has only been around for a month, but it is starting to create a stir among potential consumers and investors. Get the Full Story Complete the form to...
To boost sales, Macy’s has mentioned in the past that it may look into discount retail options. It appears that day is closing in for the retailer as the first four pilot stores in Macy’s off-price initiative, known as Macy’s Backstage, will open in the metropolitan...
If someone was to ask a retail executive what the next big thing in connecting with consumers was, a lightbulb probably wouldn’t be the first product that came to mind. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
