News

Just Eat Cuts 1,700 Drivers in Return to Gig Model
Delivery
Just Eat Cuts 1,700 Drivers in Return to Gig Model
March 22, 2023

As food delivery aggregators feel the macroeconomic pressures, some are responding with major layoffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
Retail
Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
March 22, 2023

Thanks to its robust direct-to-consumer (D2C) sales strategy, better inventory management and a rebound in China, Nike is finding itself in a better position than expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Amazon Pay’s Faster Merchant Payouts Moves 2-Sided Network Into Open Ecosystem
eCommerce
Amazon Pay’s Faster Merchant Payouts Moves 2-Sided Network Into Open Ecosystem
March 22, 2023

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Just Eat Rethinks Gig Worker Model and Cuts 1,700 Jobs
Delivery
Just Eat Rethinks Gig Worker Model and Cuts 1,700 Jobs
March 22, 2023

Delivery giant Just Eat Takeaway is reportedly cutting 1,700 driver jobs in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

GameStop Goes From ‘Brink of Bankruptcy’ to Profits
Retail
GameStop Goes From ‘Brink of Bankruptcy’ to Profits
March 22, 2023

GameStop’s turnaround continued this week as the company reported its first profit in years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Amazon Debuts Express Payout for Faster Working Capital
Retail
Amazon Debuts Express Payout for Faster Working Capital
March 22, 2023

Amazon Pay has unveiled a tool to give merchants faster access to working capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Why TikTok’s ‘Deinfluencing’ Trend Is Just Another Form of Influence for Brands
Retail
Why TikTok’s ‘Deinfluencing’ Trend Is Just Another Form of Influence for Brands
March 22, 2023

When professional makeup artist, author and the founder of Bobbi Brown Cosmetics, Bobbi Brown, founded her clean beauty makeup brand Jones Road Beauty in 2020, she made it her mission to create products with “the best, most efficacious formulas” and avoided including any ingredients that...

Cross River Helps UK Payments Provider Pay.com Expand Into US
Payment Methods
Cross River Helps UK Payments Provider Pay.com Expand Into US
March 22, 2023

Embedded finance provider Cross River Bank is helping Pay.com expand into the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

First Republic Seeks Outside Help As Depositors Withdraw $70 Billion
Banking
First Republic Seeks Outside Help As Depositors Withdraw $70 Billion
March 22, 2023

Struggling lender First Republic Bank is reportedly seeking outside help to remain in business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...