News

Retail
Data: Luxury Goods Sales May Drop 35 Pct This Year
May 07, 2020

Neiman Marcus’s bankruptcy filing on Thursday (May 7) may go unnoticed by many consumers. 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...

Retail
Papa John’s Sales Jump As Mobile Ordering Gains Steam
May 07, 2020

As COVID-19 keeps disrupting everyday life, North America comparable sales at Papa John’s rocketed almost 27 percent last month. CEO Rob Lynch told CNBC in a televised interview that April was the best month in the history of the quick-service restaurant (QSR) chain. Get the Full...

B2B Payments
New DBS Card Offers Contactless Payments For Logistics Companies
May 07, 2020

The new DBS Logistics Purchasing Card aims to save time and help prevent the spread of coronavirus for logistics companies with a cashless, contactless interface, according to a press release on Thursday (May 7). Get the Full Story Complete the form to unlock this article...

B2B Payments
WEX Tries To Back Out Of Optal, eNett Deal Due To Pandemic
May 07, 2020

After inking a definitive agreement in January to acquire B2B optimization firm Optal and B2B travel payments company eNett, WEX Inc. said in its Q1 results on Thursday (May 7) that the pandemic, and conditions stemming from it, “have had, and continue to have, a...

Delivery
Target Aims To Purchase Delivery Startup Deliv
May 07, 2020

As Target eyes boosting its same-day delivery services, the company is negotiating to purchase portions of California startup Deliv Inc., CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

eCommerce
Square Challenges PayPal With Branded Online Checkout Button
May 07, 2020

Square has launched an alternative to PayPal, according to VentureBeat. 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...

News
Today In Payments: Frontier Retracts $39 ‘More Room’ Fee On Flights; Square Merchants Shift Online...
May 07, 2020

In today’s top news, Frontier Airlines retracted its $39 “More Room” fee to ensure an empty seat between passengers, and Square released a mixed earnings report. Also, PayPal reported strong earnings that included a record-breaking earnings. Get the Full Story Complete the form to unlock...

Ridesharing
Uber Gears Up For Earnings Report With Layoffs, Lime Investment
May 07, 2020

On the surface, it might look like Uber is heading off in two different directions as it readies for its earnings announcement slated for tonight (May 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

eCommerce
FastSpring eCommerce Platform Launches Enhanced Interface
May 07, 2020

FastSpring, a software service company, has released an improved interface for the company’s platform. 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...