News

Retail
Amazon May Double Whole Foods’ Customer Base Through Prime
June 26, 2018

With new Prime incentives, one tech analyst believes that Amazon could double the customer base of Whole Foods. RBC Capital Markets’ Lead Internet Analyst Mark Mahaney said that there could be 20 to 30 million people who live near a Whole Foods store but don’t...

Retail
Boohoo’s Big Ambitions
June 26, 2018

There is fast fashion, and then there is what U.K.-based retailer Boohoo offers. While the reigning champions of fast fashion still need about a month to turn over their collections, Boohoo (and its associated brands Pretty Little Things and NastyGal) sees its ideas go from...

Retail
Toys R Us Plans To Close Stores By Friday
June 26, 2018

Months after Toys R Us announced that it would liquidate its U.S.-based assets, the toy retailer plans to shutter its brick-and-mortar locations by Friday (June 29). Some locations will close earlier, while the company’s eCommerce operations have been already closed for about three months, Fortune...

B2B Payments
Amazon Chooses Amex For Small Business Credit Card
June 26, 2018

American Express (Amex) and Amazon have teamed up to release a new commercial card product designed for small businesses (SMBs) buying on the Amazon platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
Shopify Eyes Buying Experience With Return Magic Acquisition
June 26, 2018

Shopify announced that it has acquired mobile app Return Magic. 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, PYMNTS Today. By completing this...

B2B Payments
Kroger Looks To Alter Payment Terms
June 26, 2018

Food for thought: Can Kroger reinvent payment terms along the produce part of its business? 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
Ipsos, Shred-it Find Employees Are Often The Weak Link Of Corporate Cybersecurity
June 26, 2018

Cybersecurity is no longer an afterthought for today’s enterprise. High-profile data breaches and attacks have catapulted cybersecurity to the top of executives’ priority lists, and investments in cybersecurity solutions are soaring: The 2018 Harvey Nash/KPMG CIO Survey found businesses surveyed spend a combined $46 billion...

B2B Payments
Commonwealth Bank De-Merges As New Probe Begins
June 26, 2018

Australia’s crackdown of the banking sector continues, this time with regulators’ latest probe into financial institutions’ (FIs) lending practices with small farmers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
SBA Taps Accountancy Group To Fight SMB Red Tape
June 26, 2018

The U.S. Small Business Administration (SBA) is launching a new initiative to help small firms struggling with regulatory issues and is enlisting the help of accountants to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...