Across the restaurant industry, brands are getting more targeted with their promotions, and Denny’s has become the latest to tap data-informed, personalized “challenges” to get more return on its rewards investments. On Thursday (June 29), Denny’s, a full-service diner chain with nearly 1,600 locations around...
Authentic Brands Group has received a $500 million primary follow-on investment from growth equity firm General Atlantic. The global brand owner, marketing and entertainment platform — which owns more than 40 brands, including Brooks Brothers, Nautica and Reebok — will use the new funding to...
All Staples retail stores in the United States will soon be handling returns for Amazon customers. About half of the office supply retailer’s locations are doing so now, and the rest will begin accepting Amazon returns by the end of July, Staples said in a...
There’s a reason that business processes get the “consumer” treatment, not the other way around. And it isn’t just because the cart can’t drive the horse. As it relates to end-user purchasing experiences, “[those of] consumers are just dramatically more streamlined than the experience business...
Walmart’s strength may lie in its numbers, as its purchase rate far beats its closest competition. In-person shopping beats online in how often consumers shop at the world’s largest two retailers, as consumers turn to Walmart for groceries and Amazon for less frequent but more...
The platforms surged — many of them anyway. And yet the FinTech IPO Index was up a muted 1.5% headed into the end of the second quarter and headed into a trading week that will be shortened by the July Fourth holiday. Opendoor was up...
While Nike may have rekindled its relationships with wholesale partners Macy’s and DSW, the apparel and footwear giant isn’t looking to go full throttle on wholesale, unless consumers want it. Well, maybe. Let’s dig into that. Earlier this month PYMNTS reported that Nike would be reversing...
Unit21 has raised $45 million in a Series C round to grow the Fintech Fraud DAO consortium. The funding is being used to support a collaborative approach to addressing fraud and money laundering, and the consortium is experiencing a surge in participation, the risk and compliance infrastructure company...
The Commodity Futures Trading Commission (CFTC) will be taking a closer look at cybersecurity, emerging technology and environmental fraud. Those will be among the issues addressed by two new task forces comprised of attorneys and investigators, the CFTC said in a Thursday (June 29) press release. “We must...
