News

Security & Fraud
Privacy Groups Accuse Amazon Of Storing Kids’ Convos
May 09, 2019

A group of privacy and child advocacy groups is filing a complaint with the Federal Trade Commission (FTC) alleging that Amazon’s Echo Dot Kids devices record and save the conversations of children. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Loomis To Launch Internal Money Laundering Inquiry
May 09, 2019

Loomis, the Swedish cash handling company, said it will launch an internal inquiry into allegations it was involved in a money laundering scandal in Denmark. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
Square, Postmates Team For Merchant Delivery Option
May 09, 2019

Square, the digital payments company, has inked a deal with delivery startup Postmates to provide an on-demand delivery for Square small business customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
An Off-The-Beaten-Path Approach To Selling Bags
May 09, 2019

The internal frame backpack — beloved by students, hikers and itinerant types all over the world — first entered the market in its modern form in 1967 when it was introduced to the world by its inventor, Greg Lowe. In the intervening 52 years, the...

Retail
Etsy Hits 41M Active Buyers In Q1
May 09, 2019

With a push to improve search and discovery on its platform, Etsy beat analysts’ earnings estimates for the first quarter, but fell short on top-line revenues. The arts and crafts marketplace reported revenues of $169.3 million and earnings per share of 24 cents compared to...

Retail
SMB Retail Innovation: Payments And Inventory Boost Prospects
May 09, 2019

If you can’t beat ‘em, join ‘em – so goes the motto for pragmatic surrender. In retail, the corollary to that might be if you cannot survive on your own in a world dominated by the likes of Amazon, join its influential and often very...

Retail
Twinkie The Kid Hitches Sales Saddle To Walmart
May 09, 2019

Helping Hostess earn a spot on JPMorgan’s Analysts Focus List, the industrial baker — and maker of Twinkies — is reportedly experiencing a rebound of sales at Walmart. JPMorgan increased its price target to $16 by $2, which already had an overweight rating on the...

Retail
What Does Innovation Mean For Small Hospitality And Food Service Businesses?
May 09, 2019

Small businesses might be optimistic about the future. In the accommodation and food services industries, they are also ready to innovate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Edgewell Personal Care Plans To Buy Harry’s
May 09, 2019

In one of the biggest recent cases of an established firm buying an eCommerce rival, Edgewell Personal Care reportedly plans to buy shaving startup Harry’s. The anticipated deal is said to be for roughly $1.37 billion in stock and cash, The New York Times reported....