Retailing used to be about three things: location, location and location. But not two days into the 2020 shopping season it’s becoming quickly apparent that this year will be about two things: inventory and fulfillment. This week retailers are showing signs that they’re concerned about...
There are a lot of things consumers haven’t been able to do during the pandemic – like go to concerts, sit in a movie theater or, for the most part, go to sporting events. But one thing they have been able to do is drink...
As a way to decrease large gatherings in its stores amid COVID-19, Walmart will have its usual single-day Black Friday promotions during three weekends next month instead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cross-border money transfer firm Western Union is continuing its 35-year partnership with Kroger, the country’s biggest grocery chain, WU said in a statement on Wednesday (Oct. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As part of its goal to become “a fully circular and climate-positive business” by the turn of the next decade, IKEA plans to buy back furniture to sell as pre-owned items. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Spend management was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Whether it’s moving cars across town or hauling them across the country, COVID has changed the way commercial shippers, carriers and car dealers handle millions of vehicles each year, while opening new markets that didn’t exist before. Get the Full Story Complete the form to...
The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. Get the Full Story Complete the form to unlock this article...
Nuvemshop, a Latin American alternative to Shopify, has raised $30 million in a venture capital round as it tries to boost business, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
