To bolster its growth in China as it looks to reach coffee drinkers in the country, Tim Hortons has reportedly found a partner in Tencent. The Canadian quick-service coffee chain said on a social media account that it has notched funding from the Chinese technology company,...
Post-pandemic fashion retail is starting to take shape. It’s just going to be a little tougher to try things on. Most of the differences consumers will notice involve fitting rooms – or the lack thereof. The National Retail Federation (NRF) guidelines allow individual retailers to...
The digital shift, to paraphrase Gil Scott-Heron, will not be televised – but it will be measured. Retailers and direct-to-consumer (D2C) brands that are now seeing their eCommerce sales take flight would be remiss to ignore the data being generated by the digital shift and...
Three out of four Americans own a pet. It is a $75 billion industry dominated by millennials and ripe with opportunity for direct-to-consumer (D2C) brands. Several of them are navigating changes in the market brought on by the pandemic-led digital shift. Get the Full Story...
To encourage diners to feel safer and more comfortable in having their families sit down in its eateries for a meal, Restaurant Brands International (RBI) said it is taking steps to build consumers’ confidence. CEO Jose Cil wrote in an open letter that health authorities and...
In the journey to improving B2B payment processes, it’s unlikely that any single solution will be the silver bullet to combating friction. Rather, a mix of strategies can be key to nudging buyers and suppliers in the right direction. Get the Full Story Complete the...
The B2B ecosystem’s reluctance to change has made it an industry with unique habits. 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...
Simon Property Group, the biggest mall retailer in the U.S., said it plans to have around half of its locations open within the next week, chief executive David Simon said in an earnings call Monday (May 11). Get the Full Story Complete the form to...
In the mad dash to secure Paycheck Protection Program (PPP) funds, small businesses have faced confusion, anxiety and often a lack of clarity as to when they would receive capital – if at all. The process was chaotic for the lenders, too, creating greater potential...
