News

Delivery
On-Demand Delivery Services Race to Meet Consumers’ Cross-Category ‘Bring-It-to-Me’ Expectations
October 21, 2021

Where once, in the early days of food delivery services, the prospect of getting meals delivered on demand was a powerful draw for consumers, now consumers’ “bring-it-to-me” expectations have grown, and companies that can fulfill only their food needs risk losing out to multi-use competitors....

Bitcoin
Rise in Bitcoin Pushes DeFi Past $100B Mark
October 21, 2021

A recent surge in bitcoin prices has helped move the value of decentralized financed assets (DeFi) past the $100 billion mark for the first time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
The ‘New Normal’ of the Delivery Business
October 21, 2021

In “The Way Payments Are Now Done,” 33 payment executives discuss what payments’ “new normal” looks like. Simon Law, co-founder and CEO of LoginID, discusses how the digital shift has impacted the delivery space, and all of the interactions between drivers and consumers. Read his...

Retail
D2C Apparel Retailers Tempt Investors With Forecast for 80K Fewer Physical Stores to Compete With
October 21, 2021

A series of proposed public offerings from eCommerce companies are putting the digital shopping experience on display and highlighting potential pitfalls for merchants as consumers continue to shift more of their attention to digital channels. Get the Full Story Complete the form to unlock this...

Retail
PayPal’s Interest in Pinterest Adds Social Commerce to Super-App Vision
October 21, 2021

PayPal may soon be making a social commerce purchase, though likely on a larger scale than consumers buying many items: The financial services company is reportedly interested in buying the photo-sharing social media platform Pinterest. Get the Full Story Complete the form to unlock this...

Retail
Crocs Says Demand ‘Way Beyond’ Supply Amid Factory Closures, Supply Chain Snags
October 21, 2021

Crocs executives say they remain on track to reach both long- and short-term sales goals despite supply chain headwinds as demand for the polarizing footwear continues to outpace supply. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Walmart Expands Delivery Options Ahead of Holidays
October 21, 2021

Walmart said on Thursday (Oct. 21) that it’s extending store delivery hours during the holiday season, adding more delivery windows for customers to get their orders and more delivery-eligible items in anticipation of the annual shopping rush. Get the Full Story Complete the form to...

Retail
Blackstone Snags Spanx Majority Ownership
October 21, 2021

Blackstone Inc. is buying a majority stake in women’s shapewear company Spanx Inc. in a move that puts Spanx’s value at $1.2 billion, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Zelle Teams With Fiserv to Deliver Real-Time Payments to MDIs
October 21, 2021

Peer-to-peer (P2P) paymen2ts startup Zelle is collaborating with global FinTech Fiserv to empower underserved communities by bringing real-time payments to minority depository institutions (MDIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...