News

Retail
Blackstone Takes Stake In ‘Data-Centric’ Furniture e-Tailer Walker Edison
May 24, 2021

Citing the growth in demand for online furniture shopping and the rise of data-centric eCommerce, one of the world’s largest investment firms said on Monday (May 24) that it has taken a minority stake in Utah-based eCommerce platform Walker Edison. Get the Full Story Complete...

Retail
Lowe’s, Home Depot Look To Build On Stay-At-Home Economy Success
May 24, 2021

If there was a blueprint from last week’s series of Q1 retail earnings announcements, it went something like this: In-store comps shot up over 2020, stimulus payments drove a lot of business, digital sales continued to benefit from technology investments — and we’re not really...

Retail
LG Electronics USA To Premier Live Shopping Entertainment Venture
May 24, 2021

As its first venture into “direct-to-consumer live shopping entertainment,” LG Electronics USA is premiering “The Upgrade.” The live shopping event series will provide a direct-to-consumer platform for watchers to buy LG items, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Tuesday Morning Gets Green Light To Relist On Nasdaq After Emerging From Bankruptcy
May 24, 2021

Approximately six months after Tuesday Morning emerged from bankruptcy, the off-price home goods retailer said on Monday (May 24) that Nasdaq has given the green light for its common stock to be relisted on the Nasdaq Capital Market, according to an announcement. Get the Full Story...

Retail
PYMNTS Pandenomics Study: Many Shifters Prefer Digital Living To The Physical World
May 24, 2021

Retailing will never be the same as it was just 15 months ago. Yet what began as an emergency is evolving into something else entirely: the much-discussed but rarely defined “next normal” of living, shopping, paying and interacting in a rising digital-first world. Get the...

B2B Payments
Open Banking Emerges As Key To SMB Cash Flow In UK
May 24, 2021

In the United Kingdom, late payments continue to be a problem that bedevils small- to medium-sized businesses (SMBs) — threatening their very existence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Late Payments Disproportionately Impact Small Businesses
May 24, 2021

Small businesses are the backbone of the American economy, but many of these companies say that they encounter delays in receiving payments from their larger private sector, public sector and nonprofit customers. Get the Full Story Complete the form to unlock this article and enjoy...

Faster Payments
Deep Dive: How Real-Time Payments Systems Can Solve Payroll Pains In The Gig Economy
May 24, 2021

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 this form, you agree to receive marketing communications from PYMNTS and...

Payment Methods
JPMorgan: Changing Wholesale Payments Requires Global Mindset
May 24, 2021

Innovation is touching all corners of wholesale activities in banking, as financial institutions (FIs) serve up a range of cash management, payment solutions and other services for their corporate clients. The industry, of course, is moving from batch to real time in a transformation that...