Black Friday isn’t until Nov. 27, but clothing retailers, including Nordstrom, J.Crew, Macy’s, Neiman Marcus and others, are offering deep discounts to unload tens of billions of dollars of unsold merchandise as the coronavirus keeps U.S. stores shuttered. Get the Full Story Complete the form...
Finnish software firm Basware has announced an upgrade of its accounts payable (AP) automation solution to allow increased functionality for invoicing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Australian Small Business & Family Enterprise Ombudsman Kate Carnell is calling for federal legislation mandating that small- to medium-sized businesses (SMBs) be paid in 30 days, according to a LinkedIn post she wrote. Get the Full Story Complete the form to unlock this article and...
Financial transaction management firm SmartStream has announced new programs to help automate processes for Jumhouria Bank in Libya. 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...
To help small businesses run in a more digital-first environment, customer relationship management (CRM) company vCita has teamed with Mastercard in Europe to the roll out the Business Unusual platform, according to an announcement. Get the Full Story Complete the form to unlock this article...
To support small businesses that needed to change course because of the coronavirus, Vancity has rolled out its Unity Pivot Business Loan. Businesses changing direction to support the battle against the pandemic can tap into loans of up to $150,000, which will be interest free for...
In today’s top news, Shake Shack said it would return the $10 million Paycheck Protection Program (PPP) loan from the government, and Uber expanded its delivery services with two new programs. Plus, Treasury Secretary Steven Mnuchin said a deal is close for additional coronavirus stimulus...
In an effort to streamline its capital structure, Office Depot has refinanced its current asset-based credit facility with a new five-year arrangement and has retired its term loan credit agreement due in 2022. The retailer’s new $1.3 billion asset-based credit facility is comprised of a...
Mark Partin has business pedigree with an athlete’s mentality. As the owner of B/SPOKE, one of the Boston area’s leading spinning and workout studios, he’s a consumer of his own product as well as a former long-distance runner. He’s also an MIT grad who did...
