News

Loyalty & Rewards
Major US Airlines Grow Loyalty Program Revenue
August 27, 2018

As airlines seek income beyond fares, carriers are turning to credit card offers to broaden their revenue streams. In the second quarter, major carriers in the U.S. earned more from loyalty and credit card programs than they did in the same period the prior year, The...

Global Payments
LumoXchange Launches In Philippines; UAE Exchange Rebrands Fiji Business
August 27, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes LumoXchange’s launch in the Philippines. In addition, Wirecard Brazil is rolling out new features for entrepreneurs, and UAE Exchange has rebranded its operations in Fiji. Get the Full Story Complete the form...

Retail
Carvana Vending Machines Get Mixed Reviews
August 27, 2018

For cool concepts, it is hard to do much better than Carvana. Customers who go to Carvana.com or use the mobile app can shop from more than 10,000 vehicles, arrange for financing, make a purchase and schedule delivery at their home or at the car...

Retail
Why Yum! Brands Doubled Down On Delivery With Grubhub
August 27, 2018

The fast food segment has become a highly competitive place of late, with upgrades and discount promotions seemingly pouring in at all times — a reality that has hit Yum! Brands as it labors to keep not one, but three chains up, running and avidly...

Retail
J.Crew Looks To Lower Prices And Offer More Sizes For Turnaround
August 27, 2018

More “entry-level” prices and more plus sizes and other options: that’s reportedly the plan for reversing sales declines at J.Crew, where comparable store sales have dropped for 15 straight quarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Papa John’s Hires Financial Advisors To Help Turn Business Around
August 27, 2018

Papa John’s has hired Bank of America and Lazard as financial advisors, as the national chain tries to recover from weak sales and negative publicity surrounding its founder. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Alibaba’s Lazada Partners With Finaxar To Offer Credit Options To SMEs
August 27, 2018

Alibaba’s Lazada has announced a partnership with Finaxar, which will offer new credit options for SMEs in Southeast Asia. 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...

Retail
CVS Partners With Glamsquad To Offer In-Store Hair, Beauty Treatments
August 27, 2018

CVS has partnered with on-demand, in-home beauty service Glamsquad to offer customers beauty treatment and services at select CVS locations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Today In Data: A Mobile Economy Is A Self-Determined Economy
August 27, 2018

Some things won’t ever change. The change of summer to fall will likely always send tens of millions of American families scrambling to load up on school supplies of a variety of descriptions. But what will make the customer pick one location over another? That is becoming...