News

Retail
Nike Leads Retail Into The Great Reboot
June 29, 2020

Welcome to the great reboot. Physical retail’s return to business was previously known as the “great reopening” or the “great resettling.” But it’s becoming apparent that the unprecedented business dynamics of the pandemic will be anything but a subtle reopening marked by subtle changes –...

Retail
Car Talk: Shift Announces Plans To Go Public
June 29, 2020

The automotive evolution to Digital 3.0 revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. Get the Full Story Complete the form to unlock this article...

Retail
Nationwide Insurance Chief Economist Encourages Conditional Retail Forecasts
June 29, 2020

Retailers looking for the shape of an economic recovery have had several letters to choose from. There’s the “hoped for” V-shaped recovery that heralds a quick return to pre-COVID consumer spend levels. There’s the U-shaped recovery that says the return will only happen after a...

Retail
Vehicle Sales Off By 6 Pct In June From Pre-Virus Forecast
June 29, 2020

Sales of new cars are expected to be off by nearly 6 percent from a year ago, according to a joint forecast by J.D. Power and LMC Automotive, the companies reported Monday (June 29). Get the Full Story Complete the form to unlock this article...

Retail
Nike Says Upcoming Job Cuts Are Not Due To Pandemic
June 29, 2020

In an email on Thursday (June 25), Nike CEO John Donahoe said the current financial crisis will likely see the athletics retailer cutting jobs after a $790 million loss in revenue, Complex reported. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Organizations Strategize Supplier Payments To Boost Cash Positions
June 29, 2020

Across industries and across the globe, industry experts continue to raise concerns about shifting B2B payment habits — often to the detriment of small vendors. But some analysis suggests supplier payment strategies are in flux to better support the working capital positions of corporates. Get...

B2B Payments
Accounts Payable’s Unstructured Data Problem
June 29, 2020

As organizations make further steps into their digital transformation journeys, back offices can quickly become a muddled picture of paper, spreadsheets and digital documents in various formats. This lack of standardization can undoubtedly add friction to an array of workflows, with valuable data stuck in...

Loyalty & Rewards
Consumers Sour On Travel Rewards Cards
June 29, 2020

After spending years fine-tuning travel reward cards, banks have found that the coronavirus pandemic decimated all the effort by reducing the need or will to travel, The Wall Street Journal reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Wirecard, Enron And Warning Signs Across Two Decades
June 29, 2020

Author George Santayana famously wrote: “Those who cannot remember the past are condemned to repeat it.” And Mark Twain once wrote: “History doesn’t repeat itself, but it often rhymes.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...