News

Retail
Canada’s Aritzia Opening Third Chicago Location
May 15, 2017

Canada’s Aritzia Inc. is expanding in Chicago as it targets both brick-and-mortar and online expansion. 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,...

Retail
Grocery Tracker: Aldi Boosts Discount Battle
May 15, 2017

German discount grocer Aldi aims to disrupt U.S. brick-and-mortar competition by undercutting stateside discount food and beverage offerings from the likes of retail giant Walmart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
JCPenney Revenue, Comp Sales Decline
May 15, 2017

JCPenney shares dropped more than 13 percent on Friday following an earnings release that, while technically a beat on adjusted diluted EPS, posted a significant comp sales decline and a slight drop in revenue for the retailer. Get the Full Story Complete the form to...

Retail
Kohl’s Q1 Earnings Up, Sales Down
May 15, 2017

The retail industry continues on its path of slow deterioration with Kohl’s latest earnings report. 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,...

Security & Fraud
Global Cyber Attack Hits 100k Institutions In 150 Countries
May 15, 2017

And it just kept getting worse, this cyberattack — and ever more global in scale. 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...

Security & Fraud
Brooks Brothers Reports Payment Breach
May 15, 2017

Over the past 11 months, Brooks Brothers’ customers at various brick-and-mortar locations in the U.S. and Puerto Rico had their payment card information compromised. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
U.S. Lawmakers Wary Of Alipay-MoneyGram Deal
May 15, 2017

U.S. lawmakers are spinning up concerns about Ant Financial’s $1.2 billion takeover of MoneyGram. 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....

Payments Innovation
Wannacry? Why It’s Time To Come Down On Bitcoin
May 15, 2017

The massive “Wannacry” wave of crypto-ransomware cyberattacks now reported to have hit more than 200,000 computers in 150 countries shouldn’t be just another “look at how smart and cunning and horrible those cybercriminals are” headline. Get the Full Story Complete the form to unlock this...

eCommerce
Retail Sales Ticked Up 0.4 Percent In April
May 15, 2017

After a winter of sluggish performances, U.S. retails sales are showing some signs of warming up with the weather. 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...