News

Investments
Digital Grocery Delivery Startup Buymie Picks up $7.3M in Fresh Funding
May 16, 2022

Online grocery delivery startup Buymie has secured 7 million euros (about $7.3 million) to continue building out technology for its digital ordering and delivery capabilities and enhance its ability to serve customers, EU-Startups reported Monday (May 16). Get the Full Story Complete the form to...

Retail
GameStop Names Former Belk Stores CEO Nir Patel As COO
May 16, 2022

GameStop Corp. named former Belk CEO Nir Patel as its new chief operating officer, effective May 31, according to a company press release Monday (May 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart Aims to Fast-Track Grads Into $200k+ Store Managers
May 16, 2022

At a time when hiring and retaining hourly retail employees has never been more costly or challenging, Walmart is raising the stakes in the industry’s wage war with a new plan to recruit and train store managers for a role it said carries an average...

Retail
Weber Continues Slide in Q2
May 16, 2022

Grill maker Weber’s efforts to turn around its flagging omnichannel retail business didn’t work out as planned in the second quarter of fiscal 2022 — the three months ending March 31. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
It’s ‘TMI Week’ for Retail, as Walmart, Target, Home Depot, Lowe’s Lead Earnings Parade
May 16, 2022

For individuals, the notion of “too much information,” or TMI, is a jab meant to push back on friends or relatives who are overly open about sharing details of their personal lives.  Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
Uber Eats Testing Two Autonomous Delivery Pilots in LA
May 16, 2022

Uber Eats plans to launch two autonomous delivery pilots in Los Angeles on Monday (May 16). 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...

Regulation
New EU Consumer Credit Rules May Be Approved by Summer
May 16, 2022

A committee of the European Parliament will vote in June on the proposed Consumer Credit Directive (CCD) with a view to getting final approval in plenary session before the summer break. Lawmakers will discuss tomorrow, May 17, the proposed amendments to the text.  Get the...

Payment Methods
PYMNTS AM Radar: Disputes and Fraud; FinTech Fairness; Delivering Cravings; Invisible Payments; ICYMI
May 16, 2022

Today is Monday, May 16, and nuns are Tik-Toking about #ConventLife, while North Korean leader Kim Jong Un is launching a military response to the country’s first (acknowledged) COVID-19 outbreak. Meanwhile, President Biden announced new policies to tackle affordable housing amid high inflation and McDonald’s...

Regulation
NY’s Fin Services Regulator Says Faster Money Movement Bears Closer Scrutiny
May 16, 2022

“We’re seeing financial services in places where we’ve not been not used to seeing financial services.” 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....