News

Retail
The Edge Desk Capitalizes On Growing Work-From-Home Market
April 22, 2020

Some products were just made for these times. Take, for example, The Edge Desk. In January of this year, it was just an interesting, ergonomically designed piece of office furniture. Then came February, March and the COVID-19 crisis – and suddenly the whole definition of...

Retail
No New Bankruptcy Filings, But Darkness Intensifies For Department Stores
April 22, 2020

The retail bankruptcy watch turned to some Wednesday morning quarterbacking this week, as industry experts and observers took turns assessing the current and potential damage to the department store category amid the coronavirus crisis. Get the Full Story Complete the form to unlock this article...

Retail
Build-A-Bear Workshop Rolls Out Online Program ‘Workshop Wednesdays’
April 22, 2020

To provide children and families with entertainment amid the coronavirus pandemic, Build-A-Bear Workshop, Inc. has rolled out its Workshop Wednesdays online program. The online resource offers different activities and ways to stay entertained during the week, according to an announcement. Get the Full Story Complete the...

Retail
Macy’s Could Raise Up To $5B In Debt Amid COVID-19
April 22, 2020

To contend with the COVID-19 pandemic, Macy’s is considering raising up to $5 billion worth of debt. The retailer will look to bring in $3 billion with inventory as collateral, as well as $1 billion to $2 billion with real estate, CNBC reported, citing unnamed...

Payment Methods
Remote Payments: The Next Normal
April 22, 2020

It’s an interesting time to be in the payments business. The analytics of the past few months, when visualized, might resemble a murmuration of starlings – masses of tiny data points whirling like birds in flight, buffeted by winds and weather, with no clearly visible...

B2B Payments
How ACH Innovation Ushers In A New Normal For Payroll
April 22, 2020

The U.S. workforce doesn’t look like it used to. The surge in gig workers and independent contractors has professionals, service providers and regulators engaged in new debates about what it means to be an employee or a small business. Get the Full Story Complete the...

B2B Payments
Helping Entrepreneurs Reimagine A Borderless Economy
April 22, 2020

While the digital age has opened up doors for businesses to expand internationally, it’s a bit misleading to say that it’s easier than ever for small firms to step foot into new geographic markets. Get the Full Story Complete the form to unlock this article...

B2B Payments
The eInvoice Emerges As The Keystone Of AR-AP Connectivity
April 22, 2020

With more B2B payment technology providers turning their attention to the electronic invoice, the document has become a keystone that connects accounts payable (AP) and accounts receivable (AR) portals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Alternative Finances
LendingClub Lays Off 460 In Restructuring Plan
April 22, 2020

A third of online lender LendingClub’s workers will be laid off, the company said on Tuesday, April 21. 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...