News

Retail
Costco Member Fee Hike Would Delight Rivals, Annoy Customers
April 06, 2021

It has only happened twice in the past 10 years, but with over 60 million U.S. members and another 40 million internationally, any increase in the annual fee that Costco charges its customers is a big deal. Although the company itself has said nothing recently...

Retail
Home Nesting Trend Has Legs Beyond Pandemic Consumer Foot Traffic, Study Shows
April 06, 2021

Despite concerns the so-called “nesting trend” was cooling down after a year of record results, new data from foot traffic analytics firm Placer.ai shows the home furnishing category may still have further to go as Americans continue to spruce up their homes. Get the Full...

Partnerships / Acquisitions
Brink’s Snaps Up ATM Giant PAI For $213 Million
April 06, 2021

Security solutions provider Brink’s has acquired PAI, the largest privately-owned ATM service provider in the U.S., for $213 million. 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...

Retail
Celebrity Pet Food Brand ‘Made By Nacho’ Rolls Out Via eCommerce
April 06, 2021

Celebrity pet food brand Made by Nacho, which is described as “a cat food for the modern cat” that includes both wet and dry foods, rolled out on Tuesday (April 6), according to a press release. Get the Full Story Complete the form to unlock...

eCommerce
Merchants Mobilize To Take On Amazon’s eCommerce Stronghold
April 06, 2021

Merchants are mobilizing nationwide to take on Amazon’s eCommerce footprint and fight on Capitol Hill for stricter antitrust regulations, The Wall Street Journal reported on Tuesday (April 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
PSCU Expands Reach In Hawaii With Three Partnerships
April 06, 2021

PSCU has expanded its reach in Hawaii with three credit union (CU) partnerships, the credit union service organization (CUSO) announced Tuesday (April 6) in a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Kohl’s Supports Online Demand With New eCommerce Fulfillment Hub
April 06, 2021

To support its ongoing online demand and digital sales acceleration, Kohl’s opened its sixth eCommerce fulfillment hub. The 1.2 million square-foot center, which is located in Etna, Ohio, is the retailer’s biggest, “most efficient” fulfillment hub and will be focused on Kohls.com orders, according to...

B2B Payments
Dwolla Rolls Out Real-Time B2B Payments
April 06, 2021

Payments platform Dwolla has debuted its real-time payments (RTP) option, which will allow for sending money directly to bank accounts, a press release emailed to PYMNTS said on Tuesday (April 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Bank-FinTech Tie-Ups Eye Open Banking Adoption
April 06, 2021

Bank-FinTech tie-ups continue to emerge, with an eye on driving open banking adoption. As the U.K.’s Tide considers a new way to encourage banks to embrace the model, other collaborators seek ways to strengthen the small business banking experience. Get the Full Story Complete the...