News

Partnerships / Acquisitions
Sur La Table Sold For $90M Post-Bankruptcy
August 10, 2020

Sur La Table Inc., the Seattle kitchenware products company that filed for bankruptcy protection last month, has sold for nearly $90 million, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Apple iPhone Sales Could Plummet 30 Pct With WeChat Ban
August 10, 2020

President Trump’s threatened bans on ByteDance’s TikTok and Tencent Holdings’ WeChat, both based in China, could significantly slash Apple’s sale of iPhones, per indications from a new survey. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Biometrics Battles Evil On Gaming Platforms
August 10, 2020

Identity fraud is nothing to play around with, but you wouldn’t know that given its prevalence in the online gaming sector. “Three out of four American consumers are now interacting with gaming platforms, spending up to 14 hours a week on them — up from...

Retail
Amazon, Simon Properties Kick Off Serious Mall Transformation
August 10, 2020

The great mall transformation is officially on. This weekend’s reports that Amazon is negotiating with Simon Property Group to take positions at anchor tenant spaces for fulfillment centers signal the beginning of major changes at retail centers across the country. Get the Full Story Complete...

Retail
Wall Street Woes Take The Retailer’s Eye Off The Customer
August 10, 2020

The current stage of the pandemic – perfect storm that it is – is producing some serious cross-currents. And several of them are affecting the retail industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Retail Rent Collections Rose To Nearly 70 Pct In Mid-July
August 10, 2020

Commercial landlords were greeted with some good news in July as rent collections for retail properties increased by double digits compared to May and June, GlobeSt.com reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payments Innovation
Consumers Demand Payments Modernization
August 10, 2020

Enough with all the “digital transformation” talk, right? 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...

B2B Payments
Billtrust Adds ACH, Wire Support To Business Payments Network
August 10, 2020

When B2B order-to-cash technology provider Billtrust announced the launch of its Business Payments Network (BPN) in late-2018, it was a solution designed to tackle one of the largest hurdles in B2B payments that remains today: managing all of the data and workflows required to achieve...

Retail
Foot Locker Says Same Store Sales Up 18 Pct Due In Part To Stimulus Checks
August 10, 2020

Foot Locker Inc., the New York-based athletic retailer, reported comparable store sales increased by 18 percent in the second-quarter ended Aug. 1 as the chain reopened and sales unexpectedly increased — likely due in part to government stimulus checks. Get the Full Story Complete the...