News

Mobile Payments
Mobile Payments: What’s In It For Me?
October 13, 2016

Mobile payments news this week shows a contrast. In some countries, consumers feel that their lives are changed for the better by mobile and contactless payments, and they perceive added value in paying that way. But, in others, consumers still see little advantage in changing...

Retail
Jo-Ann Fabric Focuses On Supply Chain
October 13, 2016

More changes are coming at the top of Jo-Ann Fabric — mostly with an eye for bolstering inventory and supply chain management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
A Motorcycle So Smart Riders Don’t Need A Helmet? BMW’s Big Ambitions
October 13, 2016

There is an old, dark joke in emergency rooms about motorcycles. 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...

Retail
The Haves And Have-Nots Of Predictive Marketing
October 13, 2016

Predictive marketing — using information from customer data, like purchase history, to determine a pattern and predict future outcomes — was once only available to the largest retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
University Of Washington, Retail Partners Like Costco, UPS Unveil The Urban Freight Lab
October 13, 2016

The University of Washington is unveiling a new lab that will allow retailers (such as Costco and Nordstrom), delivery services (such as UPS), urban planners, commercial developers, logistic experts and other stakeholders to collaborate to, ideally, come up with the future of delivering goods in urban areas, according...

Retail
And The Average Walmart Shopper Is…?
October 13, 2016

The average Walmart shopper is a white, 50-year-old woman with an annual household income of $53,125. 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...

Retail
Walmart Boosts Manager Pay To Skirt Overtime Rules
October 13, 2016

Some of Walmart’s managers are getting a pay raise, but it could be so that the retail giant can circumvent new federal overtime rules, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Lands’ End’s Ongoing Woes
October 13, 2016

Lands’ End, the fashion apparel, accessories and home furnishing retailer, has never been known as a company to make a lot of waves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

CFPB
PYMNTS Daily Data Dive: Navy Federal Credit Union Threatened Members
October 13, 2016

The Navy Federal Credit Union has been fined $28.5 million following civil charges that it threatened credit union members over debt collection, according to the Consumer Financial Protection Bureau (CFPB). The announcement was made on October 11, and a report by the CFPB found that...