Editor’s Picks

Sale Of Share Of AmEx Business Travel To Carlyle And GIC Appears Dead

Sale Of Share Of AmEx Business Travel To Carlyle And GIC Appears Dead
Sale Of Share Of AmEx Business Travel To Carlyle And GIC Appears Dead
May 10, 2020  |  Partnerships / Acquisitions

American Express Global Business Travel, seeing its sales more than halved from the pandemic, could now also lose out on a purchase by private equity...

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Footwear Company Allbirds Latest To Return PPP Loan
Footwear Company Allbirds Latest To Return PPP Loan
May 08, 2020  |  Loans

Allbirds, the New Zealand-American footwear company, will return its Paycheck Protection Program (PPP) loan. Get the Full Story Complete the form to unlock this article...

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JCPenney, Sephora To Maintain Partnership For In-Store Experience
JCPenney, Sephora To Maintain Partnership For In-Store Experience
May 08, 2020  |  Retail

After JCPenney sought a court order to keep Sephora in its locations, the companies said they have “reaffirmed” their partnership to run Sephora inside of...

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Kohl’s To Reopen Stores In 10 Additional States
Kohl’s To Reopen Stores In 10 Additional States
May 08, 2020  |  Retail

After opening retail locations in four states, Kohl’s said it intends to open stores in 10 more states on Monday (May 11) as it follows a...

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Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
May 08, 2020  |  Economy

The latest jobless report illustrates the devastation caused by COVID-19, as the U.S. Bureau of Labor Statistics released the worst unemployment numbers in the nation’s history....

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Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers
Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers
May 08, 2020  |  Retail

Brookfield, which owns stake in numerous malls and related properties, is going to spend $5 billion to try and get the industry back on track...

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Apple Introduces New eCommerce Portal With Upgraded UX
Apple Introduces New eCommerce Portal With Upgraded UX
May 08, 2020  |  Apple

With most of Apple’s retail stores remaining closed due to the coronavirus pandemic, the tech giant is introducing a new hub to streamline the shop-from-home...

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Sephora, Klarna To Offer Shopping With Installment Payments
Sephora, Klarna To Offer Shopping With Installment Payments
May 07, 2020  |  Buy Now Pay Later

Klarna, Sweden’s FinTech startup, has partnered with beauty retailer Sephora, according to a press release. Get the Full Story Complete the form to unlock this...

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The New Digital Normal Rewards Peloton As Gyms Dim
The New Digital Normal Rewards Peloton As Gyms Dim
May 07, 2020  |  Commerce Connected

Surveying more than 12,000 U.S. consumers since March, PYMNTS has assembled the most comprehensive statistical view anywhere of the coronavirus pandemic and its effects on...

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