News

Retail
Aftermath: Retailers Try To Focus On Recovery
June 01, 2020

Riots and looting over the weekend have taken their toll on retail reopening plans all over the U.S. in the wake of protests against excessive police force and the death of George Floyd in Minneapolis. Retail locations of all types and brands went unspared, from...

Retail
Pandemic Primer: How SMBs Can Embrace The Digital Shift
June 01, 2020

Small to medium-sized retailers, the denizens of Main Street, are facing an existential crisis in the face of the pandemic. No news there. The situation can seem so overwhelming that it might be hard to find a place to start digging out of the unprecedented...

Retail
First And Ten: Disrupting The School Sports Uniform Process With Customization
June 01, 2020

Even school sports uniforms have been dragged into the digital age, courtesy of a Rhode Island DTC company called SquadLocker. The company took an innovative business model and serious sales momentum into the start of the year, pivoted for the pandemic and took $20 million...

Retail
Pier 1 Imports Receives Approval To Wind Down Business
June 01, 2020

With its store closing sales set to start after retail locations can safely open again, Pier 1 Imports, Inc. said it has received the green light from the U.S. Bankruptcy Court for the Eastern District of Virginia for its “planned wind-down of operations.” The home décor...

Retail
7-Eleven Franchisees: Store Operators May Need To Pay Back PPP Loans
June 01, 2020

The National Coalition of Associations of 7-Eleven Franchisees (NCASEF) said store operators who took in federal Paycheck Protection Program (PPP) loans could potentially have to pay back a “material portion” of the funds. The NCASEF is a trade association for 7-Eleven franchise operators in the U.S.,...

B2B Payments
Phishing Attacks Continue To Find Fuel In A Global Pandemic
June 01, 2020

Google issued a stark warning last week about the state of cybersecurity: Phishing attacks are on the rise and continue to take advantage of vulnerabilities resulting from the global pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Why FinTech Won’t Be Enough To Tackle The Trade Finance Gap
June 01, 2020

Estimates of a $1.5 trillion trade finance gap were alarming when they surfaced several years ago, but the figure also presented an enticing opportunity for FinTechs at a time when the market was ripe for banking disruption and digitization. Get the Full Story Complete the...

Payments Innovation
The Rise Of Card-On-File Commerce
June 01, 2020

Gas stations are encouraging it. Many Main Street SMBs, local restaurants and designer boutiques are doing it for the first time. Fitness clubs have been doing it for a while — but some have gotten into trouble lately for doing it when they shouldn’t have....

Payments Innovation
The Future Of Payments Beyond The Pandemic
June 01, 2020

Physicist Niels Bohr — or maybe it was ballplayer Yogi Berra — once said predictions are hard, especially the ones about the future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...