The U.K.’s Eat Out to Help Out campaign — which offered a 50 percent discount at restaurants on Mondays, Tuesdays and Wednesdays during August — was dramatically successful in boosting sales. The taxpayers shelled out $647 million for the rescue program, which subsidized the cost...
To move toward retirement, and to have the money in place to get there, millennials need to make the leap from bare bones banking — checking and savings — into investing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The digital conversion of financial services was already well underway before COVID-19, but the pandemic and the physical world’s resultant shutdown pushed it into overdrive almost overnight. And that changes the digital security playing field forever, according to Melissa Townsley-Solis, co-founder and CEO of GIACT; and James...
Shipt and Mastercard are joining forces to offer a delivery promotion to consumers during the holiday season. 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...
Another wheel has fallen off in the troubled mall sector, as two real estate trusts have filed for Chapter 11 bankruptcy. The filings, both announced Sunday night (Nov. 1), came from Philadelphia-based PREIT and Tennessee-based CBL & Associates. Get the Full Story Complete the form...
For retailers, the beginning of November would normally be the ramp-up to the holiday season. It used to be a time to check inventory, optimize media campaigns and revisit strategies for Thanksgiving weekend. Get the Full Story Complete the form to unlock this article and...
The Estée Lauder Companies Inc. reported on Monday (Nov. 2) as part of its fiscal Q1 2021 earnings that net sales fell 9 percent on an as-reported and constant currency basis, according to a press release. Get the Full Story Complete the form to unlock...
Digital payments are, in a way, overwriting legacy systems with new “code” for these connected, touchless times. It’s what the people want, but transformation introduces complexity that must be well-managed. Systems choices and related variables help determine that success. Get the Full Story Complete the...
Looking for straight talk on where things stand? Here you go: “It has been roughly seven months since the pandemic was declared, and consumers show no signs of wanting to return to stores to shop the way they once did. Roughly eight out of every...
