The national news cycle was mostly taken up with political talk this week, as the Democrats rolled out history’s first fully digital U.S. political convention on TV’s prime time. But the payments and eCommerce industries saw plenty of news as well, from Apple reaching a $2...
Paul Ryan, former speaker of the House, is creating a “blank-check company,” The Wall Street Journal reported. The move comes amid growing interest in the business model, which is also called a special-purpose acquisition company (SPAC). Get the Full Story Complete the form to unlock this...
JPMorgan Chase plans to launch a digital bank in the United Kingdom early next year, Sky News reported Friday (Aug. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As Wirecard AG’s global operations close following its bankruptcy filing, the German payment company has agreed to sell what’s left, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The bad news continues to pile up for the mall sector. With real estate investment trust CBL Properties reportedly preparing to file for bankruptcy earlier this week, now the country’s largest mall is fighting to avoid foreclosure. Get the Full Story Complete the form to...
Ross Stores might want to check out this eCommerce thing. While its competitors were able to post some online revenue as their stores were closed due to the pandemic, the 1,483-store discount chain pitched a virtual shutout for Q2. Get the Full Story Complete the...
Ross Stores and TJX Cos. investors appear to be patient as they await the end to COVID-19 and could potentially see attractive returns after the pandemic, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Foot Locker, Inc. reported that second-quarter comparable-store sales rose 18.6 percent, as the sportswear retailer reported better-than-expected earnings and reinstated its quarterly dividend program, according to a Friday (Aug. 21) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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