News

Retail
UK Retailers To Reduce Workforces
July 09, 2020

After realizing that shoppers would not likely go back to their old habits following a pandemic that has reshaped retail, two large United Kingdom retailers said they would eliminate over 5,000 positions, Reuters reported. Get the Full Story Complete the form to unlock this article...

Retail
Walgreens Accelerates Digital Investments Amid The Pandemic
July 09, 2020

Walgreens Boots Alliance, Inc.  accelerated its investments in its important strategic priorities during the third quarter to prepare for growth in the future amid the pandemic. The health retailer said the effects of the coronavirus confirmed the roadmap that was already in place for digitalization...

Retail
Bed Bath & Beyond Will Close 200 Stores In Next 2 Years Due To Pandemic
July 09, 2020

Bed Bath & Beyond, in peril over the pandemic, will be closing 200 stores over the next two years as its sales have plummeted 50 percent in the last quarter, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Sur La Table Files For Bankruptcy And May Sell
July 09, 2020

Seattle-based high-end kitchen retailer Sur La Table has filed for bankruptcy in a plan that may lead to its sale to affiliates of Fortress Investment Group, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Wielding Africa’s Mobile Penetration To Ease X-Border B2B Payments
July 09, 2020

When it comes to B2B payments, the mobile device has limited traction. 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...

B2B Payments
How SMBs Rethink Commercial Card Versatility
July 09, 2020

With commercial credit cards historically viewed as a payment vehicle for businesses to make one-off purchases for the office or while on a business trip, the small business credit card has yet to catch up to adoption volumes seen by other payment methods like direct...

B2B Payments
Blockchain Makes Headway Over Legacy X-Border Rails
July 09, 2020

There’s no single path to payments infrastructure innovation. 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...

Cross Border Commerce
Building The Perfect Cross-Border Merchant Checkout Experience
July 09, 2020

In commerce, whether across the B2C or B2B landscape, speed matters. 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...

B2B Payments
First Bank Implements Autobooks To Boost B2B For SMBs
July 08, 2020

Missouri-based First Bank will now be using Autobooks to help clients such as small- to medium-sized businesses (SMBs) boost their banking experiences, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...