News

Retail
David’s Bridal Offers Membership Perks as Store Closures Loom
May 02, 2023

David’s Bridal has debuted a new membership perk as it tries to remain afloat. Throughout May — to coincide with Small Business Month — customers who are Diamond members at the specialty retailer will receive gift cards for women-owned small businesses, the company announced in...

Retail
How D2C Brands Like Warby Parker Are Making Physical Stores Work
May 02, 2023

As shoppers resume their in-store experiences, brands and retailers are reassessing their selling strategies.  Retailers are seeking to enhance their interactive displays to entice more consumers, while brands are striving to establish an in-store presence to boost sales and attract fresh customers. These customers prefer...

Retail
Skims Taps Saks to Launch Shop-in-Shop Experience for Customers 
May 02, 2023

Skims, a brand created by Kim Kardashian that specializes in underwear, loungewear and shapewear, has expanded its retail reach through a partnership with luxury department store Saks Fifth Avenue to better meet consumer demand.   Skims has partnered with Willo Perron of Perron-Roettinger to create...

Payment Methods
Fiserv Offers Software Firms Text-Based Payment Option
May 02, 2023

Fiserv is letting software firms access the world of text-based payments. The payments and financial services company announced the offering for independent software vendors (ISVs) and software companies in a news release provided to PYMNTS Tuesday (May 2). It is available through an integration between...

Retail
Tuesday Morning Shuts Doors Amid Retail Bankruptcies
May 02, 2023

After declaring bankruptcy twice in as many years, discount retailer Tuesday Morning is folding. “Starting today, we have begun the process of closing all our stores,” the company said in a weekend Facebook post. “Our Going Out of Business Sale is in stores now, with...

B2B Payments
Paymentus and Oracle Add Billing and Payments Tools for Utilities
May 02, 2023

Paymentus Holdings and Oracle are offering new billing and payments tools for energy and water sector utilities. The companies have fully validated the integration of the Paymentus Instant Payment Network (IPN) and electronic bill presentment and payment platform (EBPP) within the Oracle Energy and Water...

Payment Methods
Card Payments Data Unlocks Small Business Credit Opportunities
May 02, 2023

Main Street is the soul of America, making small and medium-sized businesses (SMBs) its heart. That’s why it is worrisome that many Main Street SMBs are increasingly pessimistic about the economy and their own business prospects. But it’s not all bad news. “Everyone’s been talking about an impending...

B2B Payments
Payments Digitalization Allows Businesses to Tap Spending Insights and Improve ROI
May 02, 2023

PYMNTS asked business leaders for their take on how to plan for the rest of 2023, and what they are telling their teams to focus on. Matt Clark, president and COO of Corcentric, says to succeed in an uncertain economy, businesses need to focus on...

Banking
As JPMorgan Scoops Up First Republic, Are Banks Facing Their ‘Minsky Moment’?
May 02, 2023

Way back in 1986, the pop band The Bangles had their pulse on what was to come in the banking sector 37 years later.   It a familiar refrain in financial services, a lyric we’re all singing these days:  Just another Manic Monday.  Back in March,...