News

Retail
7-Eleven Franchisee Labor Woes Suggest Wages Are Not Enough To Woo Workers
July 12, 2021

The solution to convenience stores’ labor woes may be more complicated than just raising pay above minimum wage. The National Coalition of Associations of 7-Eleven Franchisees (NCASEF), an umbrella trade association comprised of 41 regions’ franchise owners associations, representing over 7,400 7-Eleven locations overall, released...

Retail
As Gap-Kanye West Pairing Turns One, Slow Pace Of Yeezy Drops Stokes Concerns
July 12, 2021

Never underestimate the power of a blue puffer jacket. That, it seems, is the lesson from the first fashion item dropped into the market care of the Kanye West-Gap collaboration that will see Yeezy bringing its unique eye for design to the once iconic label...

Retail
‘Black Widow’ Brings In $60 Million+ Via Disney+ Streaming
July 12, 2021

Walt Disney brought in over $60 million from around the world from sales of its “Black Widow” movie by the way of Disney+ Premier Access. The flick brought in an $80 million haul at the domestic box office amid its introduction, CNBC reported. The film...

Retail
Walmart’s Indian e-Commerce Site Flipkart Raises $3.6B As Pre-IPO Valuation Nears $40B
July 12, 2021

The value of Walmart’s Indian eCommerce venture Flipkart continues to rise, as its latest $3.6 billion round of fundraising has created the largest domestic tech venture that is now worth roughly $37 billion, the companies announced on Monday (July 12). Get the Full Story Complete...

Retail
Nordstrom Invests In Topman, Topshop Fashion Labels
July 12, 2021

Nordstrom has obtained a minority stake in the Topshop, Topman, HIIT and Miss Selfridge labels. Its investment will fuel the expansion of the brands around the world, according to a Monday (July 12) announcement from Nordstrom and British fashion retailer ASOS. Get the Full Story Complete...

B2B Payments
Payroll Positions Employees To Take The Lead On Payday Accuracy
July 12, 2021

Payroll errors are a surefire way to displease employees, and at a time when professionals have ushered in an era of mass resignations and job-switching, employers must do what they can to retain their talent. Get the Full Story Complete the form to unlock this...

B2B Payments
Prolific Ransomware Attack Raises SMBs’ Security Concerns
July 12, 2021

Business email compromise (BEC) scams continue to wreak havoc on businesses’ B2B payment workflows, but this week’s B2B Data Digest finds ransomware has once again stolen the spotlight. Analysis uncovers the stats behind one of the most prolific ransomware attacks on small to medium-sized businesses...

B2B Payments
Pulling B2B Bartering From Underground And Into A Cash-Management Strategy
July 12, 2021

For large, global enterprises with the resources to invest in forecasting technology and agile supply chains, matching product or service supply with demand is often ingrained in the business model. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Featurespace Patents Show Role Of Neural Networks In Finding Transaction Anomalies In Real Time
July 12, 2021

The window financial institutions (FIs) have to determine “good” customers from “bad” lasts milliseconds. 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...