News

Retail
As Amazon Re-Enters High Fashion, New eChallenges Abound
January 09, 2020

It’s all the fashion these days to battle it out online for more market share when it comes to selling clothes to consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Walmart Expanded Mexico Market Share With 134 New Stores In 2019
January 09, 2020

Last year, Walmart rolled out 134 additional stores in Mexico, increasing its presence there by almost 5 percent, CNBC reported on Wednesday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Travelex Attack Forces UK Banks To Halt Foreign Currency Service
January 09, 2020

Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a ransomware gang, according to reports on Thursday (Jan. 9). Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Nets Looks To Widen European Scope With Finnish Acquisitions
January 09, 2020

Denmark-based payments platform Nets is acquiring two Finnish companies, Poplatek and its spinoff Poplapay, to enhance its payments capabilities and better serve merchants across Europe, Nets announced Thursday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
How Cars, Streaming And Sign-Ups Make For Better Subscription Commerce
January 09, 2020

Subscription commerce is undergoing changes in 2020. 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 this form, you agree...

Retail
Bringing Allergy-Friendly Seed Bars To Consumers Via eCommerce
January 09, 2020

Blake Sorensen grew up with a nut allergy that limited his diet long before he started the Blake’s Seed Based food brand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Department Stores Report Lower Holiday Sales Due To eCommerce Shift
January 09, 2020

As Americans continue to move their purchases to eCommerce, robust consumer spending and a formidable U.S. economy weren’t sufficient to bolster holiday sales at many mall-based chains and department stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Macy’s Plans To Shutter 28 Locations
January 09, 2020

As part of its yearly review process, Macy’s plans to shutter one Bloomingdale’s store and 28 of its namesake department stores. The retailer operates approximately 680 department stores as well as 190 specialty shops, CNBC reported. Get the Full Story Complete the form to unlock...

Payment Methods
In Subscription Commerce, Seconds Matter
January 09, 2020

Make sign-ups fast, trials free and features rich. These are some of the quick takes from the latest PYMNTS Subscription Commerce Conversion Index, where SaaS/cloud computing merchants pulled ahead of business services providers, among other surprises. Get the Full Story Complete the form to unlock...