News

Retail
Retail Pulse: Zola Opens NYC Store; Kleinfeld Shop ‘Pops Up’ In NJ
January 04, 2019

Digitally native retailers are opening stores to bring their virtual experiences into the real world, and Zola is one of the latest merchants to test out the brick-and-mortar waters. The wedding retailer opened a store in New York City’s Flatiron District that is billed as...

Retail
US Retail Vacancies Hold Steady At 10.2 Percent
January 04, 2019

In the fourth quarter, the regional and super regional mall vacancy rate fell slightly as overall retail vacancies in the U.S. stayed constant. The vacancy rate at the former was 9 percent compared to 9.1 percent in the third quarter, as the latter held at...

Retail
Coffee Startup Luckin Plans To Take On Starbucks In China
January 04, 2019

Coffee startup Luckin plans to open 2,500 new stores in China this year to overtake Starbucks in the country. 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
Data Shows Boost In Holiday eCommerce Traffic
January 04, 2019

New data shows that eCommerce traffic was up this holiday season, even after Christmas Day. 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,...

B2B Payments
Chesapeake Bank Debuts Online Loan Product
January 04, 2019

Chesapeake Bank is expanding its alternative lending division, Cash Flow, with ProfitStars‘ Commercial Lending Center Suite. 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...

Payment Methods
In Hungary, Instant Payments Gain Traction
January 04, 2019

The new year dawned with individual country and company initiatives tied to instant payments, and moving beyond cash transactions. 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...

B2B Payments
Payments Fraud Rides Money Mules Into 2019
January 04, 2019

Mule scams spur warnings from the FBI and other agencies headed into 2019. In the meantime, individual payments fraud cases in the U.S. show some more traditional methods of ill-gotten gains, spanning kickbacks, falsified records and misuse of credit card data.

B2B Payments
PayPal India Sees Revenue Jump 12x
January 04, 2019

PayPal has reported a more than twelvefold boost in revenue at its Indian payments subsidiary. 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,...

Partnerships / Acquisitions
Phillips, Honda Pair On In-Car Gas Payments
January 04, 2019

Phillips 66 has announced a partnership with Honda Developer Studio on an in-vehicle fuel payment integration service that enables Honda vehicle owners to reserve a pump and pay for fuel at Phillips 66, 76 and Conoco locations. Get the Full Story Complete the form to...