The last few days has brought new retail news from China, as the NBA tries to keep hold of its commerce presence in that country after controversy involving the protest in Hong Kong. But that’s not all that’s going on with retail in China, where...
With a move that follows the fashion retailer’s efforts to become fully circular and support its global expansion, H&M Group has taken a majority stake in Sellpy. The group began investing in the re-commerce business in 2015 and has invested roughly US$5.07m (SEK50m) via its...
Travis Kalanick, ousted founder of Uber, recently made his next big investment. His real estate company, City Storage Systems, bought a stake in Rebel Foods Pvt. in India, a cloud kitchen company that has a valuation of around $525 million. Get the Full Story Complete...
Before Knud Berthelsen founded personalized subscription service Free Your Tea, he found it challenging to find good teas, Berthelsen told PYMNTS in an interview. It is not difficult, however, to find other varieties of beverages – one only has to go to a coffee shop and...
Social media is taking a lot of fire these days, whether the issue is “fake news” or data privacy or just the time-wasting tendencies of many users. Regulation might be in the future. But social media is also driving retail innovation, and those trends are...
TF International Securities Analyst Ming-Chi Kuo said Apple is working with third-party brands to launch augmented reality (AR) glasses in the first half of 2020, CNBC reported on Wednesday (Oct. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Regulators continue to examine reports of disease and deaths allegedly linked to eCigarettes. 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 our daily newsletter, PYMNTS Today....
Vodafone has announced it is shutting down 15 percent of its 7,700 stores in Europe, according to Reuters. 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...
Five years ago, tapping a mobile phone to order ahead was still a relatively exotic idea. Starbucks mobile rewards were still new to the market — and though a veritable flood of mobile-based programs spun up offering similar points-based offers, at that time the firm...