News

Retail
Walmart, Shopify And The Shot Across Amazon’s (Marketplace) Bow
June 15, 2020

In eCommerce, the old saying holds: The enemy of my enemy is my friend. 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
Tailored Brands Might Seek Bankruptcy Due To Pandemic
June 15, 2020

Men’s Wearhouse owner Tailored Brands might be the next significant retail company in the United States to make a bankruptcy filing as the COVID-19 crisis unfolds. Tailored — also the owner of K&G and Jos. A. Bank — included the potential for bankruptcy, or even...

Retail
Webrooming Returns For An Encore
June 15, 2020

Webrooming, before the pandemic, was a full-on retailing trend. But as the pandemic-driven digital shift gains traction, retailers have to be wondering if consumers will use websites to comparison shop for brick-and-mortar retail (webrooming) or whether they’ll go back to shopping retail to order online...

Retail
Preparing For The Second Wave Of The Digital Shift
June 15, 2020

There are now not one, but two digital shifts occurring as the COVID-19 pandemic continues to disrupt consumer shopping habits. The first is the consumer-driven digital shift that has been well-documented, especially with brick-and-mortar powerhouses like Walmart clocking an eCommerce surge of 74 percent. The...

Retail
Shift To Digital 3.0 Produces Record Sales Spike
June 15, 2020

It’s Christmas in June for eCommerce retail as the shift to Digital 3.0 continues to gain traction. The latest evidence for that shift comes from Adobe, whose Digital Economy Index for May shows holiday season spending levels taking hold with an emphasis on mobile commerce....

Retail
Ohio Firms Team To Put PPE Into Vending Machines
June 15, 2020

To make personal protective equipment (PPE) available via vending machines, PPE and medical safety product distributor CLEANLIFE and vending industry supplier D&S Vending are joining forces. Vending operators will be able to buy six PPE kits at first to sell via their snack machines that...

Retail
Walmart Teams With Shopify To Grow eCommerce Marketplace
June 15, 2020

Retail giant Walmart is collaborating with Shopify Inc., the eCommerce mega platform, to expand its third-party marketplace for a bigger share of the COVID-19 online shopping surge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
How Digital-First Banking Gets SMBs On The Road To Recovery
June 15, 2020

Supply chain disruptions and economic volatility have elevated risk exposure for many enterprises, but for small- to medium-sized businesses (SMBs) operating globally, that risk of exposure can be catastrophic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
B2B Payments Deterioration Eyed For Asia
June 15, 2020

For global traders, emphasis continues to be placed on the urgency for corporates in a strong financial position to support their supply chains through on-time — and in some cases even accelerated — payments to suppliers. Get the Full Story Complete the form to unlock...