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Private Equity Firm Advent To Buy 75 Pct Stake Of UK Parcel Deliverer Hermes In $1.3B Deal

PYMNTS

Boston-based Advent International , a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes for 1 billion euros ($1.3 But the firm said it cannot predict how a global economic downturn would impact consumer spending or how badly it could hurt its operations. “I

Boston 141
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Why Pride Vendors Are Forgoing Cash For mPOS

PYMNTS

Skirting Cash Shortages at Boston Pride. Boston’s pride celebration is one of the season’s biggest events for Mandy Roberge, the owner and artist behind Wicked Good Henna. The 2018 Boston Pride parade reportedly saw more than 750,000 spectators and over 55,000 marchers.

San Diego 137
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Retail Pulse: Amazon Grows 4-Star Footprint; Forever 21 Files For Bankruptcy

PYMNTS

Amazon , in one case, has added a suburban Boston location to its roster of Amazon 4-star stores, marking the fifth location of its type in the United States. In fact, one of the Amazon Books stores is located close to Natick in another suburb of Boston, Dedham. The used-fashion market in the U.S.

Retail 109
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Football Season To Kick Off New Payments Plays

PYMNTS

According to Zach Hensley, vice president of operations and guest experiences for the Seahawks and CenturyLink Field, these services are changing how fans experience live games and boosting their overall enjoyment. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! – million people in 2016 to 17.2

Payments 161
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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

At the same time, the market caps of the top 20 retailers have lost more than $230 billion over the last two years, and mall operators are sucking wind as overstocked anchor stores shutter underperforming locations, which delivers a death knell for the stores that depend on anchor store foot traffic to lure customers in.

Big Data 135
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Target’s Got A Secret (Its Codename Is Goldfish)

PYMNTS

Being too successful at flying under the radar, at best, confuses the target market or audience and, at worst, just misses them entirely. Stringfellow was promoted to the permanent position of VP of internal innovation and operations. It is a delicate balance, of course. So, what is Project Goldfish?

Retail 100
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The Brexit Bombshell

NCR

The surprise crash sparked tremors industrywide, crashed the stock market, triggered other defaults and generally devastated the entire financial services sector. Sure, there’s inevitably been some recovery , but to say we’re uncertain what comes next is definitely an understatement. None of this will be easy.

Survey 40