News

Retail
Next-Gen QSR Drive-Thrus Maximize Efficiency, Alleviate Pain Points
February 02, 2021

As the off-premises boom of the past year has boosted drive-thru traffic to unprecedented levels, quick-service restaurants (QSRs) are seeking new ways to meet consumers’ expectations for fast, seamless service. McDonald’s, for example, has partnered with digital signage company Visual Art and tech solutions provider Binary...

Retail
Alibaba Earnings Avoid Jack Ma, Address Regulatory Issues
February 02, 2021

Jack Who? Government regulations? Problems? It was mostly smooth sailing for Alibaba as it announced its earnings from the fourth quarter of 2020. Absent from the company’s earnings call was any mention of the company’s founder and former CEO (Jack Ma). The company did address...

Retail
NRF: Recovering Economy, Consumer Emotions Supported Record Holiday Sales
February 02, 2021

National Retail Federation Chief Economist Jack Kleinhenz said blockbuster holiday season retail sales in the final two months of last year illustrated the rebounding economy but were also helped by consumer emotions following a stressful 2020, according to an announcement. Get the Full Story Complete...

Retail
CarLotz Opens Hubs Near Seattle And Orlando
February 02, 2021

Consignment-to-retail pre-owned vehicle marketplace CarLotz said on Tuesday (Feb. 2) that it has opened centers in the Orlando, Florida and Seattle, Washington areas, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Acquiring
Uber Acquiring Booze Delivery Startup Drizly For $1.1 Billion
February 02, 2021

Uber is acquiring the digital alcohol delivery service Drizly for $1.1 billion in stock and cash, CNBC reported on Tuesday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Deep Dive: How Real-Time Account-To-Account Payments Ease AR And AP Pains
February 02, 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...

B2B Payments
The Furniture Market Embraces A Hybrid B2B Commerce Model
February 02, 2021

The B2B commerce arena is moving online at record speed as more business buyers seek to procure products and services the way they do in their personal lives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
FinTech Mobilizes To Repair Construction’s Biggest B2B Payment Pains
February 02, 2021

Net terms are a staple in the B2B payments arena. Although the concept is designed to support greater control over cash flow — especially for buyers — in the construction industry, “net terms” doesn’t necessarily mean what it implies. Get the Full Story Complete the...

B2B Payments
FIs Embrace FinTech Options To Bolster Business Banking
February 02, 2021

There is more than one way to embrace collaboration in today’s business banking environment. This week’s look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers...