News

Retail
Rent-A-Center’s Acima Unveils Digital Retail Leasing Platform
August 02, 2021

Acima, the virtual lease-to-own (LTO) FinTech arm of Rent-A-Center, Inc., on Monday (Aug. 2) rolled out a digital platform focused on improving the retail leasing experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Victoria’s Secret, Bath & Body Works Chart Separate Paths On Similar Trends
August 02, 2021

As of today, L Brands is no more. Nearly 60 years after businessman Les Wexner borrowed $10,000 to open The Limited’s first location in Ohio, the company’s two remaining brands — Victoria’s Secret and Bath & Body Works — are charting their own paths as...

Retail
Newly Digitized Retailers Could Easily Pivot To New COVID Restrictions
August 02, 2021

The past several weeks have seen one glowing earnings report after another for retailers and eCommerce companies. In toys, Mattel and Hasbro both saw strong sales between April and June, and shoemakers Skechers and Crocs said they’ve seen increased demand for their products as consumers...

Retail
Foot Locker To Buy Two Smaller Retailers To Accelerate Growth
August 02, 2021

Athletic footwear and apparel retailer Foot Locker is planning to acquire two smaller footwear retailers for a combined $1.1 billion as the company looks to grow beyond malls and accelerate its digital strategy. Get the Full Story Complete the form to unlock this article and...

Retail
Bed Bath & Beyond Adds Safely Cleaning Products Amid COVID Resurgence
August 02, 2021

Bed Bath & Beyond Inc. on Monday (Aug. 2) announced an exclusive retail partnership with home cleaning product company Safely that brings the product line into 750 Bed Bath & Beyond stores across the U.S., as well as buybuy BABY and Harmon locations and all...

Partnerships / Acquisitions
HubEngage, Tango Card Collaborate On Gift Card Incentives For Enterprises
August 02, 2021

HubEngage and Tango Card announced Monday (Aug. 2) they are teaming up to provide present and future clients of both firms with access to a bolstered staffer communications platform coupled with automated fulfillment of a sizable gift card catalog, according to a press release emailed...

Payments Innovation
How To Modernize Payments And Thrive Post-Pandemic
August 02, 2021

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Greg Bloh, CEO of...

Payments Innovation
From Local To Cross-Border: A Financial Services Awakening
August 02, 2021

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Ran Grushkowsky, COO/CTO of...

Banking
Comerica On Meeting Digital-First Consumers’ Needs In The Emerging API Economy
August 02, 2021

With PYMNTS’ new U.S. Open Banking Tracker showing 40 percent of consumers saying they’re increasingly concerned about what happens with their personal information, it’s no surprise that bankers like Comerica’s Megan Crespi say that engagement and loyalty won’t grow until these concerns are addressed.