News

Partnerships / Acquisitions
Possible Purchase Deal By Uber Triggers Surge In Grubhub Shares
May 12, 2020

Shares in Grubhub soared as much as 38 percent Tuesday (May 12) on news that Uber is looking to buy the Chicago-based food-delivery platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Genesis Motor America Unveils Concierge Car Buying Experience
May 12, 2020

To provide a customized guest experience for its clients, Genesis Motor America unveiled its Genesis Concierge service. The luxury car brand said the national “white glove” offering provides customers with a concierge to function as a host and help them through the process of shopping...

Retail
MLB Baseball Shortened Season For TV Only
May 12, 2020

If Major League Baseball (MLB) gets its way, the words “play ball” will echo in empty parks nationwide starting in July. MLB owners are pitching a proposal to play about half the number of games, 82, for the 2020 season, without fans, according to ESPN....

Retail
Tim Hortons Coffee Chain Notches Funding From China’s Tencent
May 12, 2020

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,...

Retail
No Fitting Rooms? There’s An App For That
May 12, 2020

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...

Retail
Test And Measure: How To Capture The Retail Digital Shift
May 12, 2020

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...

Retail
Pandemic Leads D2C Pet Brands To Navigate Digital Shift
May 12, 2020

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...

Retail
Restaurant Brands International Reassures Diners With Contactless Service, Safety Measures
May 12, 2020

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...

B2B Payments
Payment Rails Present Many Paths To B2B Payments Optimization
May 12, 2020

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...