If the current uptrend continues, by this time next year, every time Levi’s sells a pair of jeans at one of the 3,200 stores or shop-in-shop locations in its massive 110-country global retail network, it will also sell another pair online. While this 1:1 physical-to-digital...
As if there were not already enough competition for United States consumers’ restaurant delivery spending, a new player may be coming to the fore to take on DoorDash, Uber Eats and Grubhub. On Thursday (July 7), digital on-demand convenience delivery service Gopuff announced that it...
Cabinets.com customers can pick out their new kitchen cabinets from the comfort of their homes — or anywhere else, for that matter — through a partnership with Dassault Systèmes that creates a cloud-based 3D design portal, according to a press release. It’s the latest example...
In recent months, the Consumer Financial Protection Bureau (CFPB) has increased the use of soft tools, such as advisory opinions, circulars or blog posts, to complement its rulemaking authority. These tools, which are more on the advocacy side than on the enforcement side, are arguably...
“The supreme art of war is to subdue the enemy without fighting,” the Chinese general and famed military strategist Sun Tzu proclaimed almost 600 years ago, and yet, this oft-quoted quip somehow remains relevant today in a 21st century food fight among the top two...
The Secretary of the Treasury on Thursday (July 7) delivered to President Biden a report suggesting that more engagement with foreign counterparts and in international organizations is needed if the U.S. wants to make sure that digital assets around the world respect America’s core values...
Not only are consumers being scared off from buying luxury watches as the cryptocurrency market continues to crater, but it’s becoming harder to find those big-name timepieces than ever before, a Rolex watch seller in the United Kingdom told Bloomberg. While it’s been a struggle...
The phrase open finance refers to a broadening of the original remit of open banking to include a greater range of services. In the context of accessing account data, broadening the scope of access means redefining what type of organization is allowed to make access...
Commerce operating system DEUNA has raised $30 million in a Series A funding round, the Silicon Valley-based company announced Friday (July 8). According to a press release emailed to PYMNTS, the funding — which brings the company’s total financing to $37 million — will help...