News

Retail
L.L. Bean Sets Limit On Generous Return Policy
February 09, 2018

After discovering that its customers have been misusing its generous return policy, L.L. Bean is changing its rules for returns. Customers had been able to return products years after buying them from L.L. Bean, but the retailer said on Friday (Feb. 9) that customers will...

Retail
Flight Club Steps In With Sneaker App GOAT
February 09, 2018

Creating a combined entity with a valuation of around $250 million, Flight Club has merged with GOAT, Recode reported. 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
Rebirth Of Malls: Anchor Stores To Become Destinations For Experiences
February 09, 2018

In the future, consumers will come to malls — but they may not come to a large department store with a savings pass in hand. They will be seeking to rewind, relax — and not necessarily search for the latest fashions. As a result, malls...

Retail
Tapping The Blockchain To Keep Jewelry Ethical
February 09, 2018

If the classic 70s film “Love Story” is to be believed, love means never having to say you’re sorry. 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
Whole Foods Raises Prices For Suppliers
February 09, 2018

Getting products into Whole Foods just got more expensive, as the national supermarket chain is raising prices for suppliers. 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...

Delivery
Amazon’s New Shipping Service Is Big Trouble For UPS And FedEx
February 09, 2018

Creating competition for United Parcel Service Inc. and Fed Ex Corp., Amazon will launch its own delivery service. Through “Shipping With Amazon,” the eCommerce retailer will reportedly pick up packages from businesses and deliver them to their customers, the Wall Street Journal reported. Get the...

B2B Payments
MarketInvoice Adds Invoice Insurance Via Euler Hermes
February 09, 2018

Invoice financing company MarketInvoice is enhancing its product offering through a new collaboration with Euler Hermes. 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...

B2B Payments
VC Seems To Fizzle Out For B2B FinTechs
February 09, 2018

Once again, alternative finance generated the most backing from investors this week — though not from venture capitalists (VCs). Instead, VCs leaned conservatively toward a mix of B2B FinTechs operating in the financial management space for small businesses (SMBs) and in the treasury management market for...

B2B Payments
RBS Goes On The Defensive In Small Biz Scandal
February 09, 2018

The Royal Bank of Scotland (RBS) has gone on the defensive in the ongoing saga surrounding its alleged mistreatment of small business (SMB) customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...