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Pier 1 gets new CEO — and more time from NYSE

Pier 1 Imports has tapped its finance head to do double duty. The struggling home décor retailer named Robert Riesbeck as CEO and a director of the company. Riesbeck, who joined Pier 1 in July as CFO, will also continue to serve in that position. As CEO, he replaces Cheryl Bachelder, who has acted as …

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Google, Walmart help drive India payments past 1 billion transactions, Retail News, ET Retail

By Saritha Rai A payments platform created by India’s largest retail banks surpassed a billion transactions in October, a milestone that affirms the tremendous growth of services offered by U.S. giants from Walmart Inc. to Amazon.com Inc. and Google. Indian digital payments took off when the government pushed demonetization in 2016, invalidating most of the …

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