News

Retail
Today in Retail: Macy’s Looks for Digital, Physical Balance; Amazon the Hot Spot for Toys
December 03, 2021

In today’s top retail news, Macy’s is reportedly trying to find the right way to balance its stores with its eCommerce presence as it mulls a breakup of the two businesses, while shoppers are gravitating toward Amazon when shopping for toys. Also, out-of-stock messages are...

eCommerce
Buy Now, Pay Later Could Entice Over Half of Cross-Border Shoppers
December 03, 2021

Customers’ shopping habits continue to evolve amid a worldwide reopening of storefronts, but the global cross-border payments market remains in full swing, with volume expected to reach $156 trillion in 2022 — and offering alternative, yet familiar, payment methods to consumers can be a powerful...

Retail
Great Outdoors Group and Sportsman’s Warehouse Holdings Cancel Merger Plans
December 03, 2021

Great Outdoors Group, LLC and Sportsman’s Warehouse Holdings, Inc. announced on Friday (Dec. 3) through the Federal Trade Commission (FTC) that they are canceling their proposed merger, which would have brought together two outdoor sporting goods companies. Get the Full Story Complete the form to...

Retail
What if Throwback 37-cent Whoppers Sparked a Rush to 1950s Pricing?
December 03, 2021

It’s 1957. Russia just launched the Sputnik satellite, so everyone’s on edge. “Doctors” in TV commercials tell us cigarette smoking is okay. Elvis Presley’s “Too Much” is the No. 1 song, “Around the World in 80 Days” wins the Oscar for best picture, and a...

B2B Payments
39% of Firms Use Virtual Cards for B2B Payments
December 03, 2021

United States and Canadian firms’ days sales outstanding (DSO) measurements are getting longer, but these businesses have the power to change course. Investing in digital innovations like virtual cards can help them receive payments faster and also provide a number of additional efficiencies. Get the Full Story...

CFPB
CFPB Looks Forward to Tech, After a Year Focused on Mortgages and Lending Practices
December 03, 2021

Predicting the Consumer Financial Protection Bureau’s agenda for 2022 based on this year’s rulemaking isn’t quite as easy this year, as the bureau was without a permanent director until mid-October, when Rohit Chopra was sworn in. Get the Full Story Complete the form to unlock...

Regulation
Big Tech Firms’ EU Woes Far From Over
December 03, 2021

In recent weeks, the European Union has slapped hefty fines on some of the world’s largest technology companies while putting in place rules to limit how Big Tech companies like Amazon, Apple, Facebook, Google and Microsoft stifle competition with anticompetitive practices. Get the Full Story...

IPO
You Don’t Have to Dig Very Deep Into DiDi’s Delisting to Find the Awkward Truth
December 03, 2021

There is a game that generations of American kids play when they go to the beach that goes something like this: If we dig deep enough, I wonder if we can make it all the way to China? Get the Full Story Complete the form...

eCommerce
Customers’ Use of Physical Stores Makes Macy’s Online Split More Challenging
December 03, 2021

Advised to separate its eCommerce business from its physical stores, Macy’s is debating how best to approach the concept without alienating its online shoppers who depend on the retail shops for pickups and returns, Reuters reported on Friday (Dec. 3), citing sources familiar with the...