News

Retail
Holiday 2020 Starts To Take Shape
August 13, 2020

Even without an official date set for Amazon’s Prime Day or Walmart’s Plus launch, the holiday season is starting to take shape. Judging from events that have happened over the past few weeks it’s apparent that Holiday 2020 will be longer, values-driven and more subtle...

Retail
Lowe’s To Open Four Online Shopping Fulfillment Hubs
August 13, 2020

To provide further same-day and next-day services to its customers, Lowe’s Companies, Inc. said in an announcement that it intends to open four online shopping fulfillment centers, seven bulk distribution hubs and 50 cross dock delivery terminals over the year and a half to come....

Retail
Off-Price Retailer Stein Mart Files For Chapter 11
August 13, 2020

Off-price specialty retailer Stein Mart, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division amid a challenging retail climate and the pandemic, the company said in a statement. Get the Full Story Complete the...

B2B Payments
Corporate Cards Find Their Niche In B2B Use Cases 
August 13, 2020

B2B FinTechs are once again showing the different use cases for corporate card technology and how these offerings add value to the enterprise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Driving Retail’s Rebound With A Human Capital Revamp
August 13, 2020

Retail has been among the sectors most dramatically impacted by the pandemic, though it’s impossible to paint the industry with a broad brush. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payments Innovation
Fiserv: What It Will Take For Business To Finally Get Rid Of The Paper Check
August 13, 2020

U.S. consumers don’t exactly love the paper check — roughly 38 percent report that they’ve stopped using them entirely, and that shoots up to almost 50 percent when talking about millennials. But just because fewer consumers are writing checks doesn’t mean they never have to...

NEW DATA: The Six Reasons Why More Consumers Are Buying Directly From Brands
August 13, 2020

Amazon’s reputation rests on providing consumers with almost anything they could want in one place — quickly — and with just a few clicks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Report: ByteDance Seeks TikTok Investment From India’s Reliance
August 12, 2020

ByteDance, the parent of assailed video-sharing app TikTok, is working with India’s Reliance Industries in order to save the company’s Indian business via a financial investment, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Wirecard Kicked Off Germany’s Blue-Chip Index
August 12, 2020

Exchange operator Deutsche Boerse will be removing Wirecard from the DAX index of leading German blue-chip stocks following a rule change, signaling another blow for the disgraced payments company, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...