News

Regulation
California QSRs Push Back Against Wage Bill
August 31, 2022

California’s fast food restaurants are pushing back against a bill that passed in the state Senate Monday (Aug. 29), mandating new standards for fast food workers’ wages, schedules and working conditions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
SeatGeek Raises $328M Following Canceled SPAC
August 31, 2022

Mobile ticketing platform SeatGeek has raised $238 million from private investors after canceling plans to go public. 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...

Retail
Beneath Walmart’s Top Toy List, a Retail Price, Inventory and Payment War Is Brewing
August 31, 2022

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...

Investments
Topi Raises $45M to Support Growing Hardware-as-a-Service Trend
August 31, 2022

Berlin-based FinTech topi has raised $45 million in a second equity investment round for its platform, which enables merchants to offer computers, monitors, smartphones, printers and other products to their business customers on a subscription basis.  Get the Full Story Complete the form to unlock...

Retail
Bed Bath & Beyond: Layoffs, Closures Coming to Boost Profitability
August 31, 2022

Struggling home goods retailer Bed Bath & Beyond will lay off 20% of its workforce and close more than 150 stores in a bid to improve profitability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Chewy Sees Recurring Revenue Promise in Pet Health Offerings
August 31, 2022

Online pet product retailer Chewy touted the potential and growth opportunity of its pet health offerings as it released quarterly earnings Wednesday (Aug. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Curbside and In-Store Pickup Rewrite Rules for Shopping, Payments
August 31, 2022

Some think of buy online, pick up in-store (BOPIS) and curbside contactless pickup as pandemic stopgaps that will eventually go away, but in fact, these services were featured in retail plans before the health emergency hit in 2020 — and rather than fading, they’re filling...

Cross Border Commerce
70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
August 31, 2022

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...

Retail
Digital Storefronts Level the Playing Field for MENA Retailers
August 31, 2022

The pandemic resulted in an abrupt shift for many brick-and-mortar retailers, the type that can take decades to achieve, and forced many to move online for the first time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...