Douglas Trauber is joining Citigroup as Global Co-Head of Retail within the Investment Banking group next August to oversee coverage for Citi’s Retail banking team. He will work hand in hand with Co-Head of Retail, Richard Moriarty. The appointment was announced in a June 1...
Apple Stores and Best Buy alike eventually plan to drop AT&T iPhone subsidies in favor of installment plans, according to a Monday, June 1 story from CNET, which cited an unidentified spokeswoman. In other words, customers looking for an AT&T iPhone have to sign up for an...
One of the wonderful things about taking a closer look at retail is the discovery of an inventory of accepted facts that seem to have been invented out of whole cloth and voted into reality by a republic of journalists quoting each other. Get the...
Following its $50 million – $60 million acquisition by competitor Zomato, the Urbanspoon app is officially being shuttered. 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...
The “year of mobile” in commerce and payments has been coming/happening/about to ignite for as long as PYMNTS has been in virtual print. And while it would be ridiculous to say that mobile commerce has not made significant progress in the last half decade, it...
It seems team Amazon has decided to offer Pinterest some of the sincerest form of flattery, since its new service Stream builds on the “pin it” experience to offer Web shoppers an infinitude of products to browse. Get the Full Story Complete the form to...
Amazon, in its ongoing campaign to sell everyone everything, is getting ready to launch a slew of private label brands which will include foodstuffs such as milk, cereal, and baby food, as well as household cleaners, people familiar with the matter told The Wall Street Journal. Amazon...
Shoptiques.com is Yelp’s latest addition to its growing family of partners. With this partnership, Yelp is increasing its inventory of local boutiques such as Olive & Bette’s in New York or y&i Clothing Boutique in San Francisco. According to Yelp’s blog, Shoptiques.com is Yelp’s first...
To everyone’s surprise, sales in the U.K. have boomed in May and are expected to hit their highest level in more than 26 years in June, according to Reuters. Retailers’ overall assessment of the business situation improved to +20, the highest since last August and up...
