Amid social distancing and stay-at-home orders meant to decelerate the spread of the coronavirus, many restaurants have been forced to shutter, while it has put others in a position where they are just getting by. To help mitigate losses, some U.S. restaurants are tapping into grocery...
The shopping habits of U.S. consumers are providing a reflection on how the COVID-19 pandemic keeps changing and impacting everyday life. Hair coloring products and hair clippers are now in high demand after toilet paper, disinfectants, and hand sanitizer were popular in the first phase...
Rare and dreadful “black swan” events like the COVID-19 pandemic inevitably impose new patterns of living and working as aftereffects. Add subscription commerce to the list of industries unsettled by the pandemic, which is now combating the unheard-of disruption with creativity, patience and a slightly...
While small businesses across the globe face pressing cash flow challenges, in the Netherlands, small suppliers’ payment cycles were already feeling the squeeze before coronavirus disruption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Fraud was all over the headlines this past week, with top stories related to Travelex’s ransomware payment, Luckin Coffee’s internal accounting fraud investigation, and new research anticipating an ongoing surge in payments fraud. Get the Full Story Complete the form to unlock this article and...
Three months seems a lifetime ago, pre-coronavirus pandemic, pre-recession, pre-lockdown, pre-bailouts. 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 Today. By completing...
Small businesses are hurting, which has been reflected in record unemployment numbers, the near-total shutdown of mainstream businesses and in PYMNTS data revealing that as of about two weeks ago, a quarter of small businesses didn’t think they would survive the coronavirus pandemic at all....
Italian bank Monte dei Paschi was the victim of a hacking attempt, according to a notice seen by reporters recently, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
There’s a silver lining for at least one retailer amid the coronavirus pandemic. A new survey found that Walmart Inc., the nation’s largest retail store chain, saw its year-over-year online grocery sales explode last month to reach nearly $900 million, nearly twice the amount seen...