News

Security & Fraud
Meal Kit Firm Home Chef Reveals Data Breach
May 20, 2020

Home Chef, the Chicago-based meal kit and food delivery company, announced a data breach after a hacker sold information on its 8 million customers on a dark web marketplace, according to Bleeping Computer. Get the Full Story Complete the form to unlock this article and...

News
Today In Payments: New Facebook Shops Feature Launched; Pelosi, House Look To Overhaul SMB PPP...
May 20, 2020

In today’s top news, Facebook has launched Facebook Shops for small and medium-sized businesses (SMBs) to list their merchandise, and Speaker Nancy Pelosi and the House have moved to rework the Paycheck Protection Program (PPP). Also, PayPal is introducing contactless QR codes for payments. Get...

Retail
Returned Merchandise Now Faces Quarantine
May 20, 2020

People who travel to other states during the COVID-19 pandemic are not alone in facing quarantine. 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...

Investments
Tonal Seeks More Funding To Produce $3K Home Workout Stations
May 20, 2020

San Francisco-based Tonal — which offers a $2,995 exercise station with subscription-based workouts — is looking for more funding as the COVID-19 crisis upends the world of exercise. As PYMNTS has reported, the pandemic has created new opportunities for the exercise equipment industry. Get the...

Retail
Consumers Still Dicey On Mall Visits
May 20, 2020

With an existential crisis in the balance, all eyes have been on mall reopenings this week and consumers’ reactions to them. So far, the jury is still out as to whether shoppers are ready to return to the mall. Get the Full Story Complete the...

Retail
Apparel Brand Approaches D2C With A Purpose
May 20, 2020

Simon Sinek, the business guru who has the third most popular TED Talk of all time, once wrote: “People don’t buy what you do; they buy why you do it. And what you do simply proves what you believe.” Get the Full Story Complete the...

Retail
Facebook Steps Up Social Commerce For SMBs
May 20, 2020

A devastating small business survey on one hand, and a possible link to social commerce on the other. That was Facebook’s contribution to the pandemic crisis yesterday as the social media giant rolled out two new shopping services for small business — Facebook Shops and...

Partnerships / Acquisitions
Revolut Integrates With Clear Books Accounting Software
May 20, 2020

London-based FinTech Revolut said it will “integrate” its products with Clear Books, which offers accounting software for small businesses. 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...

Retail
Lowe’s US Home Improvement Comps Rise 12.3 Pct
May 20, 2020

As it responded to the pandemic by providing support for associates, shoppers and communities, Lowe’s Companies, Inc. reported that comparable sales for the U.S. home improvement business rose 12.3 percent for the first quarter. The retailer operated 1,970 home improvement and hardware locations in the...