News

Retail
Maison Me’s AI-Assisted Customization
September 24, 2018

Customized clothing and automation generally don’t exist comfortably in the same sentence, let alone in the same retail operation. Custom dressing tends to call to mind images of sketched designs and hand-sewn items, not robots or computers. Get the Full Story Complete the form to...

Retail
Lease-To-Own Services Make A Comeback With Overstock.com
September 24, 2018

Lease-to-own services are making a comeback with eCommerce retailers. Overstock.com is bringing a lease-to-own purchase option to its financial service offerings. The option, provided by Progressive Leasing, allows customers to lease products for as long as a year and is available for over three million products on...

Retail
Try-Before-You-Buy, eCommerce Style
September 24, 2018

Before Ankush Sehgal co-founded Try.com, he saw the benefits of try-before-you-buy with his family’s luxury discount store that sold high-end designer brands in London. As was common for luxury retail shops, the store had a black book of VIP customers. Each time a new collection...

Retail
Nike Market Value Grows By $6B After Kaepernick Ads
September 24, 2018

After its controversial Colin Kaepernick ads appeared earlier in September, the market value of Nike has grown by $6 billion. All in, the retailer’s stock has risen by 36 percent during the year, with 5 percent of the gain occurring after the release of the...

Retail
AT&T Plans Concept Store In Seattle With Cafe
September 24, 2018

To provide a new shopping experience for wireless products, AT&T is opening a new 3,000-square-foot concept store in Seattle. The store, which is scheduled to open on Saturday (Sept. 29), is intended to be “part retail store, part coffeehouse and part hangout space,” the company said...

Security & Fraud
BA To Reveal Fine Print On GDPR Fines?
September 24, 2018

Breaches. GDPR. BA: Amid the acronyms lies the fine print – or the final print on the fines? 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
Carillion To Give Rise To Supplier Payments Standards?
September 24, 2018

The Carillion bankruptcy has implications for late payments beyond the construction industry. Some observers, such as David Brown, CPO of Previse, see opportunity for a widespread payments standard. In the meantime, smaller firms in the U.K. (and beyond) are still grappling with payments that come in...

B2B Payments
Data Casts Doubt Over Alt-Fin’s Role For Small Businesses
September 24, 2018

In the latest research of small business lending trends, researchers have found evidence to be optimistic. Across the U.S. and U.K., it appears access to bank loans is easing, with most SMBs able to obtain a bank loan. Yet across Europe, a massive SMB funding...

B2B Payments
Fleet Professionals Prefer Expense Cards, Allstar Finds
September 24, 2018

New research shows that more than one-third of fleet professionals would prefer a single card to make their business travel easier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...