News

Retail
Retail Pulse: Amazon Grows 4-Star Footprint; Forever 21 Files For Bankruptcy
October 04, 2019

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. Amazon, in one case, has added a suburban Boston location to its roster of Amazon 4-star stores, marking the fifth location of its type...

Retail
Walt Disney, Target Roll Out Disney ‘Shop-In-Shop’
October 04, 2019

To let shoppers access items that were only available at Disney retail locations in the past, the Walt Disney Company and Target rolled out the Disney store at Target in 25 select locations along with complementary online experience. Customers can shop a Disney assortment of...

Retail
Fashion Executives Prepare Bid For Barneys New York
October 04, 2019

As the bankrupt retailer aims to avoid liquidation, a group of fashion executives is getting an approximately $220 million bid ready to take control of Barneys New York Inc. Sam Ben-Avraham, the founder of the New York retail store Atrium, is putting together a group...

B2B Payments
B2B eCommerce Tips The VC Scales
October 04, 2019

More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based alternative small business lending isn’t dead with investors and...

B2B Payments
Ohio Treasurer Suspends Bitcoin Business Tax Payment Program
October 04, 2019

The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
How Small FIs’ SMB Lending Journeys Nudge The US Toward Open Banking
October 04, 2019

To service Main Street businesses, it’s an obvious advantage for a financial institution to actually be on Main Street. For community banks and credit unions, their physical proximity to the small businesses they’re servicing is often pointed out as a major advantage these smaller players...

B2B Payments
Payoneer Broadens X-Border Services To SMBs, Partners With Brex
October 04, 2019

Payments technology firm Payoneer has introduced a new cross-border service that includes functionality for small and medium-sized businesses (SMBs), the company announced Thursday (Oct. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
In Australia, Late Payments Under Govt Microscope
October 04, 2019

Australia’s federal Labor Party has issued calls to scrutinize late payment practices that it has said are “unfair” to small and mid-sized firms. Separately, a study of the construction industry finds that a majority of subcontractors would offer discounts, if they could be assured of...

Investments
SoftBank Struggles To Raise Vision Funds
October 04, 2019

Following WeWork’s botched initial public offering, Japan’s SoftBank is seeking money for another big tech investment despite the falling valuations of its other big holdings, Reuters reported on Thursday (Oct. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited...