News

International
Barbados Rolls Out Sandy Carpet For COVID-Weary Workers
July 10, 2020

The prime minister of Barbados has a message for workers weary of COVID-19 restrictions and other pressures at home: Come to the Caribbean island for up to a year and do your job remotely. Get the Full Story Complete the form to unlock this article...

eCommerce
AliExpress Russia’s CEO: We’ll Make $10B In Annual Revenues By 2022-2023  
July 10, 2020

AliExpress Russia, the eCommerce venture between the Alibaba Group Holding Ltd., China’s global technology company specializing in online retail, and its Russian partners have set a goal of $10 billion in annual revenues by 2022-2023, Reuters reported. Get the Full Story Complete the form to...

Retail
COVID-19 Boosting PC Sales
July 10, 2020

Add makers of personal computers to the short list of companies that are seeing a net benefit from the COVID-19 crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payments Innovation
Rolling Pay Into The Future
July 10, 2020

“The payroll status quo of paying workers in arrears is no longer relevant or acceptable — the data clearly show that to be true.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Innovation
Businesses Are On A Mission To Digitize Payments
July 10, 2020

“We are seeing more and more issuing banks championing virtual cards that feed directly into mobile wallets, doing away with plastic once and for all.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Department Store Redux? Scenario Planning For The DTC Business
July 10, 2020

The direct-to-consumer (D2C) business has been remade by COVID-19. Anytime a startup like Scalefast can take $22 million off the venture capital table in the middle of a pandemic, things are changing. Scalefast’s sole reason to exist is based on its ability to make it...

Retail
COVID-19 Spikes Hinder Retail Recovery
July 10, 2020

Back in late March when the pandemic first started to lock down retailing, PYMNTS published the first in a series of tracking reports showing clear evidence that the overwhelming factor in economic recovery would be one thing: COVID-19 and the ability to mitigate its effects....

Retail
Drone Delivery Makes Steady Progress
July 10, 2020

The pandemic-driven digital shift is a ready-made moment for new delivery systems like drones. The issue is whether drones are ready for the moment. Questions still abound about privacy and public adoption of the technology, but according to a new report from the World Economic...

Retail
Express Continues Reopening Its Stores
July 10, 2020

Express. Inc., the fashion apparel retailer, is pushing ahead with reopening its stores, the company announced Friday (July 10). 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...