News

Retail
Consumers Are Shopping Less, Spending More
April 20, 2022

Consumers may be going shopping less often, but when they do, they tend to spend more, especially when making retail purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
LVMH Beauty and Origin Materials Partner on Sustainable Packaging
April 20, 2022

Luxury retailer LVMH Beauty, a division of LVMH Moët Hennessy Louis Vuitton, and carbon-negative materials company Origin Materials have partnered to roll out “sustainable low-carbon footprint packaging for the perfumes and cosmetics industry,” according to a Tuesday (April 19) press release. Get the Full Story...

Retail
Victoria’s Secret Debuts Tween-Focused Digital Brand, Happy Nation
April 20, 2022

The transformation of Victoria’s Secret continues as the company unveils a new “Happy Nation” digital-only brand aimed at 8- to 13-year-old “tweens,” a company press release said Tuesday (April 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
The Next 5 Years at Lululemon Will Be All About International, Digital and Menswear
April 20, 2022

For a company that’s built its 25-year-old yoga pants franchise into a multi-category player in the athletic apparel industry, Vancouver-based Lululemon Athletica said Wednesday (April 20) that the next five years of its journey will be led by the growth of its international, digital and...

Partnerships / Acquisitions
LoanPaymentPro’s Strategic Partnership With Accelitas Combines Fast Account Validation and Payment Solutions
April 20, 2022

LoanPaymentPro and Accelitas today announced a collaboration they stated will let them offer customers extremely high-speed account validation and payment processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
PYMNTS AM Radar: Grubhub for Sale; Trend Spotting; Old Banks, New Tricks; SMB Support
April 20, 2022

Today is Wednesday, April 20 and Just Eat Takeaway is conceding to investors and looking for a buyer for its U.S. arm Grubhub. Plus, smaller banks are finding that teaming with FinTechs gives them better tech than some of the bigger legacy banks. Here’s what...

Delivery
Just Eat Takeaway Could Offload Grubhub as Demand Drops
April 20, 2022

Just Eat Takeaway (JET) could offload Grubhub for real this time as the public’s taste for home-delivered meals continues to wane post-pandemic and high inflation squeezes budgets, according to a trading statement on Wednesday (April 20). Get the Full Story Complete the form to unlock...

Banking
Old Banks Tap New FinTechs to Gain Technology Competitive Edge
April 20, 2022

Community, state and even regional banks are not going to have the money it takes to build the technology that they need to compete in today’s market — but they’re going to need that technology to compete for commercial customers. Get the Full Story Complete...

Security & Fraud
Digital Identity Crisis Forces Lenders to Find New Ways to Stop Fraudsters at the Virtual...
April 20, 2022

That old saying in business holds true in the digital age. 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...