News

Retail
Walmart Launches Order By Text
May 31, 2018

The one-upmanship competition that seems to be perennially on between Amazon and Walmart has just gotten its latest entry. 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...

News
Five at Five: Walmart’s College Plan
May 31, 2018

Welcome to Five at Five, your late look at the payments and commerce news you might have missed. Today’s stories range from Walmart’s promotion of college education to a look at the evolution of the Internet of Things (IoT). Tencent has a retail joint venture,...

Investments
SoftBank To Invest $2.2B In GM’s Cruise Self-Driving Car Business
May 31, 2018

SoftBank is gearing up to invest $2.25 billion in General Motors (GM) self-driving unit Cruise, in what appears to be validating GM’s position in autonomous driving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
PayPal Invests In Pine Labs, The Indian POS Device Maker
May 31, 2018

PayPal, the digital payments company, has participated in a round of fundraising with Pine Labs of India, in which it raised $125 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Serena Williams’ Latest Fashion Foray Blends Balmain With Juicy Couture
May 31, 2018

For most people, playing in the French Open — and mounting a major comeback after having their first child — in a sport they have spent almost a decade and a half dominating would count as enough to do in a single week. But the...

Sears Plans To Close 72 More Stores
May 31, 2018

As Sears Holdings grapples with falling sales, the retailer is expecting to close an additional 72 stores. Those planned closures are in addition to the hundreds of brick-and-mortar locations the retailer has already shuttered, The Wall Street Journal reported. Get the Full Story Complete the...

Retail
Why Panera Does Its Own Delivery
May 31, 2018

Delivery on demand is one of the hallmarks of the mobile/digital era, and so it’s unsurprising the speed at which being able to delivery has become a key differentiator for Panera Bread, which recently rolled out its delivery option nationwide. The journey to nationwide delivery...

Retail
Dick’s Sporting Goods eCommerce Business Grew 24 Percent In Q1
May 31, 2018

After taking its eCommerce channel in-house, Dick’s Sporting Goods is stepping up its omnichannel efforts. To do so, it is focusing on its speed of checkout in its brick-and-mortar stores and through its eCommerce channel. Get the Full Story Complete the form to unlock this...

B2B Payments
Community Bank And FinTech Partnerships Gaining Traction
May 31, 2018

Traditional FIs may feel pressured by the growth and inroads of nimbler tech-focused brethren in the FinTech realm.  But collaboration is key, and one subset that may see a sprouting of matchups between stalwarts and upstarts may be in community banking.