As Amazon moves to strengthen its physical retail presence in India, the eCommerce retailer is reportedly in late-stage discussions to acquire up to 10 percent of Future Retail Ltd. The Indian supermarket firm is looking for a roughly 20 billion rupee valuation from Amazon for...
In June, Costco launched a revamped digital membership app that allows members to use its mobile device rather than flashing a physical card upon entry and during checkout. Convenient? Yes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Hey, did you hear about Groupon? 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. By completing this form, you agree to...
The Los Angeles-based Loot Crate, a subscription box startup offering “geek and gamer products,” filed for Chapter 11 bankruptcy due to cash flow problems, Bloomberg reported on Monday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Shoe shopping can be the bane of any parent’s existence, because children’s feet grown unspeakably quickly. Nike has decided to help solve that problem for parents, and perhaps invest in creating customers for life, with the launch of a new subscription program geared specifically toward...
Finding a good dog sitter in a crowded urban metro area can be challenging — particularly if one is looking for an offering with flexibility. Such was the difficulty the founding team at Dogdrop, Shaina Denny and Greer Will, encountered as self-described “Los Angeleno dog...
Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. The latest evidence of that comes via Japan-based SoftBank. Get the Full Story Complete the form to unlock this...
For some entrepreneurs, their own trips have inspired them to start companies catering to travelers’ unique needs. The Sursy Founder and CEO Lauren Richardson, for instance, traveled quite a bit for work. At one point, she was staying at a hotel in Chicago, where she...
Deliveroo, the British food delivery service, said it will end its operations in Germany and shift its focus to other markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
