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cityam | January 18, 2020
Shopping centre landlord Intu is preparing to launch an attempt to raise £1bn in emergency funding following a torrid year for the UK retail industry. The property firm, which owns Manchester’s Trafford Centre, has been hurt by the challenges facing the retail industry, as brands such as Topshop, Debenhams and House of Fraser have closed stores or sought rent reductions. The rights issue is expected to be launched with the firm’s full-year results at the end of next month or sh...
fxstreet | January 16, 2020
Thursday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth of 0.3% for December as compared to the previous month's 0.2% increase. Sales excluding automobiles (core retail sales) are seen rising by 0.5% during the reported month as against a dismal 0.1% growth recorded in November. Meanwhile, the closely watched Retail Sales Control Group is expected to rise by 0.4% following a 0.1% increase in ...
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GK software &Flexa | September 22, 2021
GK Software today announced it has partnered with Flexa, the leading pure-digital payments network, to enable merchants using TransAction+, GK’s leading payment processing application, to seamlessly accept dozens of different digital currencies in a fast and completely fraud-proof way.Today’s customers are demanding retailers accept digital currencies as a method of payment, with 57% of consumers saying they would choose where to shop based in part on whether they have the right mix ...
pymnts | January 29, 2020
Big chains and eCommerce operators tend to drive retail innovation or make the most news when commerce fails but small, local and even mom-and-pop operations are getting more focus these days via various forms of change, innovation and disruption. Faire Chief Technology Officer and Co-founder Marcelo Cortes has a plan, as revealed in a recent PYMNTS interview. Cortes had a previous job as engineering lead for Square Cash. Today Square has built a powerful commerce ecosystem around a robust platf...
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