Several global retail chains—including Walmart, Metro and Carrefour—that were allowed to now sell only via B2B in India have instead been found to have repeatedly sold directly to consumers, in violation of foreign direct involvement (FDI) rules, according to a story in Cobrapost in India,...
MasterCard sees mobile payment security as crucial, but it’s power is relevant only to the point that shoppers are actually using it. And with Apple Pay, that is starting to happening meaningfully. Get the Full Story Complete the form to unlock this article and enjoy...
Gap Inc. is in store for major changes ahead as it readies for a holiday shopping season which is already being influenced by its new digitally-focused CEO who hasn’t officially taken over. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Is no surprise that US consumers would be wary of loosening their purse strings following the Great Recession. But the latest data may raise retailers’ concerns with new insight as to just how drastic and widespread the Recession’s effects have been. Get the Full Story...
Big U.S. retailers are hoping affluent Chinese shoppers will join the Black Friday frenzy next week — with a lot of help from Alibaba. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In a clever twist on an age-old corporate purchasing dilemma, a merged channel company has worked with Chase Paymentech to allow employees who need to make last-minute supply purchases to do so using a corporate code. Get the Full Story Complete the form to unlock...
Staples made it clear during Wednesday’s (Nov. 19) earnings call that it’s committed to Apple and everything that comes with it — which includes Apple Pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Target continues to pay for its massive data breach that occurred during last year’s fourth quarter, but it appears the retailer has nearly recovered from most of the issues stemming from the breach as this year’s third-quarter earnings beat analysts and company expectations for both...
There’s always something to fuel the competition between Samsung and Apple. This time it’s not a debate over devices as much as it is what that device can enable — and specifically one technology: beacons. Get the Full Story Complete the form to unlock this...
