If department stores survive this pandemic, July 1, 2020 will almost certainly mark the point where the format reached one of its darkest days. On both sides of the Atlantic, the news was nothing short of devastating for icons like the U.K.’s John Lewis –...
To provide entertainment to families amid the coronavirus pandemic, Walmart unveiled a virtual experience and an in-person “contact-free” experience. The events include a virtual camp called Camp by Walmart and a drive-in movie theater experience in conjunction with Tribeca Enterprises that will change the retailer’s...
As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States,...
Driven by COVID-19 fears and stampeding online, consumers overwhelmed many businesses in 2020 that were unprepared for drastic, sudden eCommerce volume. That picture has brightened somewhat as summer begins, but things are far from settled in the digital domain. Get the Full Story Complete the...
As the fallout from Wirecard‘s $2 billion accounting scandal continues, some attention has turned to the Germany-based payment company’s auditor, Ernst & Young (EY). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. This week’s commercial card innovation roundup includes initiatives in areas like employee expense and small business credit, but some of the...
Lemonade, the insurance startup backed by Japan’s SoftBank, soared on its first day of trading Thursday (July 2), rising more than 100 percent as of the afternoon after raising $319 million in an initial public offering. Get the Full Story Complete the form to unlock...
Venmo will introduce a new feature for businesses to accept payments separate from the individual owner’s account, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Uber will be requiring drivers and riders to wear masks for the forseeable future, Reuters reported. 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...
