News

International
World Cup Runs Dry as Qatar Bans Booze at Stadiums
November 18, 2022

More than one million fans are expected to travel to Qatar for the FIFA World Cup Qatar 2022 as the so-called “beautiful game’s” biggest stage kicks off this Sunday (Nov. 20).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Chase Expands Special Purpose Credit Program for Small Businesses
November 18, 2022

Aiming to expand credit access to businesses in historically underserved areas, Chase has announced the nationwide rollout of its Special Purpose Credit Program (SPCP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Delivery
DoorDash Looks to Office Events to Deliver Growth to its B2B Unit
November 18, 2022

As food delivery aggregators look to drive spending with consumers and businesses alike, DoorDash, the United States’ leading aggregator, is setting its sights on workplaces’ corporate event spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Walmart Is Cutting Prices as Amazon Is Cutting Jobs
November 18, 2022

In a week that began with Walmart being cheered for delivering strong results and ended with Amazon embarking on its sharpest round of job cuts ever, the performance gap between the two retail giants has not only reversed from its long-term trend but by some measures...

Retail
Home Retailer Williams-Sonoma Sees Growing Demand From B2B Customers
November 18, 2022

B2B customers’ demand for corporate gifting and custom merchandise services contributed to record earnings results for home retailer Williams-Sonoma, the company said Thursday (Nov. 17) during its quarterly earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Foot Locker Says Battered Consumers Want Affordable Luxury and Fun
November 18, 2022

Consumers’ desires for affordable luxury and a fun shopping experience are driving sales of sneakers even in the face of inflation and uncertainty, specialty athletic retailer Foot Locker said Friday (Nov. 18) during its quarterly earnings call. Get the Full Story Complete the form to...

Retail
Gap Uses Streamlined Branding and Expanded Discounts to Raise eCommerce Profits
November 18, 2022

Apparel retail company Gap Inc. made a huge turnaround this quarter in sales and profits even as global commerce faces continued challenges amid high inflation rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
JPMorgan Chase Says B2B Payments Consumerization Is Driving a Better Experience
November 18, 2022

Sam Yen, chief innovation officer for Commercial Banking at JPMorgan Chase, said a simple mindset should guide financial intuitions and other providers striving to innovate B2B payments for their business clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Huize’s 40% Rally Leads FinTech IPO Index into Shortened Holiday Week
November 18, 2022

Not everything was about crypto-land these past several days in the tech space.  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....