Amid the coronavirus pandemic, Dick’s Sporting Goods is putting many of its approximately 40,000 staffers on leave, but affected team members will keep receiving benefits. The sporting goods retailer said in a regulatory document that it is “increasingly evident” that its over 800 retail locations won’t open...
With a move that opens a B2B payment gateway to China, Harbour & Hills (H&H) Financial Services Limited said it has acquired a controlling stake in Global Envoi Limited (GEL). The arrangement provides H&H with a unique channel to facilitate payments to the country, according...
Not surprisingly, McDonald’s Corp. posted a dive in sales for the first quarter as its stores closed and the company relied on delivery and takeout orders amid COVID-19 restrictions. As reported by Reuters, the world’s biggest burger chain said comparable store sales fell 3.4 percent...
With a launch that links enterprise resource planning (ERP) with accounts payable, among other systems, OpenText debuted its new OpenText™ Trading Grid™. The rollout brings together multi-enterprise cloud integration capabilities with data visualization and microservices architecture, according to an announcement. Get the Full Story Complete the...
Wells Fargo is getting a break thanks to the COVID-19 pandemic. 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...
In today’s top news, Toast is decreasing its headcount amid the coronavirus, and Amazon is halting its shipping service as it needs workers for more pressing tasks. Plus, the Small Business Administration (SBA) is facing challenges with relief loans as it contends with an old...
The timing couldn’t be better for a food delivery service as the coronavirus pandemic has shuttered restaurants and the demand for prepared meals is exploding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Between the political sparring over Brexit and the medical battle against COVID-19, British leaders are reeling in their fight to avoid “anarchy in the U.K.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Revenge spending. It has a nice ring for retailers battered by the COVID-19 pandemic. In fact any kind of spending has a nice ring, but revenge spending was a phenomenon seen as Wuhan and other Chinese regions came out of the coronavirus funk. The following...
