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McDonald’s Will Open 200 Restaurants In Nordic Region

PYMNTS

McDonald’s will open 200 restaurants in the Nordic region over the next 10 years, as well as begin home deliveries this year in an attempt to take on rivals, such as Taco Bell and Yum! McDonald’s currently serves 150 million customers each year in Denmark, Sweden, Norway and Finland from its estimated 430 restaurants in the region.

Regional 116
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Santander to launch Openbank in the US

The Paypers

Santander has launched a new national, digital offering in the region of the United States under the Openbank brand, aiming to improve customer experience.

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Alternative Payments, In A United State, For US Merchants

PYMNTS

acquirers to help eCommerce sites brand well beyond their companies’ domestic stomping grounds. For example, India remains a cash-centric economy grappling with the transition to digital channels (Booth termed that market one with “high barriers to entry” preferences, which can shift across regions and even languages).

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Pandemic Continues To Dull Allure Of Luxury Goods

PYMNTS

Despite some signs of improvement this month, LVMH , the world’s biggest luxury goods group, admitted that its brick-and-mortar sales were erased by lockdowns across Europe and the United States in recent months, and that an immediate turnaround was unlikely. “We billion in 2020, compared to $62.4 billion in 2019.

Branding 246
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Mainland China Drives Increase In Tiffany’s Holiday Sales

PYMNTS

Sales in the retailer’s Asia-Pacific region – which includes greater China – increased 7 percent to 9 percent after adjusting for the movements of currency. We will be proud to have Tiffany sit alongside our iconic brands.”. LVMH has amassed a sizable luxury brand portfolio in various retail sectors, from fashion to perfume.

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Marriott Sees ‘Improving Trends’ In Greater China As Region’s Travel Begins Recovery

PYMNTS

billion in April and brought in $920 million in additional liquidity via amendments to its co-brand credit card agreements in May. Marriott CEO and President Arne Sorenson said on a Monday (May 11) earnings call that, overall, “negative trends appear to have bottomed in most regions around the world.

Trends 178
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Germany’s FlixMobility Reports 37 Pct Boost In Transport App Users

PYMNTS

Popular for its branded green vehicles, in 2019, FlixMobility expanded into Ukraine. FlixMobility launched in the United States in 2018, challenging popular companies like Greyhound, and now operates with 100 destinations from coast to coast. FlixMobility is operating in 30 countries. billion people.

Report 130