News

Retail
Panera Unveils Curbside Pickup With Geofencing Capability
May 18, 2020

To enable safe, easy delivery of meals straight to the cars of its diners, Panera Bread has unveiled its Panera Curbside geofence-enabled service. The quick-service restaurant (QSR) chain has expanded its Wi-Fi coverage beyond its doors so that when guests who have opted into the...

Retail
Why Retailers Must Focus On Data-Driven Recovery
May 18, 2020

Clean stores, check. Customer reopening communications that clearly state when and how business will be conducted, check. Now that reopening protocol has been established (despite the fact that no one knows how many consumers will actually show up), it’s time to focus on the future....

Retail
Henkel Hair Brands Break Out Into D2C Land
May 18, 2020

Big companies are no longer afraid to take their brands right to the streets. While it’s still a rare occasion when a major consumer packaged goods company goes direct-to-consumer (D2C), the trend is gaining momentum. Last week Pepsi and Porsche both opened new avenues that...

Retail
Data Drop: eCommerce Numbers Steal Relevance
May 18, 2020

Is the retail industry looking at the wrong numbers? It could be. While last week’s 16 percent overall spending drop lit up the headlines and scored high on the drama factor, it’s the eCommerce numbers – up 8.4 percent during the same period – that...

Retail
Apple To Restrict Occupancy, Require Masks With Store Reopenings
May 18, 2020

In a letter to its customers, Apple outlined its approach to the reopening its retail locations. Apple Senior Vice President for Retail and People Deidre O’Brien wrote in the letter that almost 100 of its stores throughout the world have been able to open their...

B2B Payments
An Ecosystem Approach To Financial Inclusion For India’s Smallest Farmers
May 18, 2020

In emerging markets, expanding access to financial services for small- to medium-sized businesses (SMBs) is imperative to promoting wider economic growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Vendor Payment Habits Shift In A Pandemic-Fueled Cash Flow Squeeze
May 18, 2020

The pandemic continues to drive forward the conversation about B2B supplier payment habits, as some retailers vow to maintain timely payment terms to promote the cash flow of their vendor partners, while others choose to delay payment to preserve their own working capital needs. The...

Investments
SoftBank Posts $18B Loss As Jack Ma Exits Board
May 18, 2020

Japanese multinational conglomerate SoftBank Group posted a record-breaking $18 billion operating loss right after Alibaba co-founder Jack Ma announced he was stepping down from the board, according to a company announcement on Monday morning (May 18). Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
Grubhub Tells Uber No Deal But Negotiations Still At Play
May 18, 2020

Uber’s Sunday (May 17) acquisition offer of 1.9 of its shares for each Grubhub share is not enough to close a deal, but discussions are still ongoing, according to a Wall Street Journal (WSJ) report citing sources familiar with the talks. Get the Full Story...