News

Retail
Do Startups Need To ‘Follow The Rules’ To Succeed?
July 07, 2016

For every Facebook, there’s a Myspace; for every Google, there’s an AOL. 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...

Pier 1 Imports Hoping New Data Collection Network Will Be Enough To Stave Off Customer...
July 07, 2016

Pier 1 Imports, the posh home goods retailer, is hoping its newly completed omnichannel shopping experience, which blends its online, mobile, email, loyalty rewards customers and brick-and-mortar shopping divisions together into a seamless data collection network, will be enough to stave off a continued decline...

Catawiki ‘Doubling Down’ On European Market After Brexit Vote
July 07, 2016

You can chalk up Catawiki, hailed by some as the “eBay of antiques,” as one business that is at least excited by the potential for new customers and revenue streams in the wake of the Brexit vote, according to a recent Bloomberg report. Get the...

Merchant Innovation
Walmart Goes Upscale Online
July 07, 2016

One of the principles of the still-in-progress omnicommerce handbook is that, in an ideal world, inventory is a fluid commodity that flows across channels as easily as revenue does into retailers’ pockets. That’s obviously not always the case, and Walmart is seeing what happens if...

Risk Management
Chapter 11 Watch: Bankruptcies Reach Hyperspeed, Staples Mulls Post-Brexit Plans
July 07, 2016

Remember Martin Shkreli? Probably not. Remember the Pharma Bro? Ah, of course. 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...

Etsy Payment Glitch Causes Kerfuffle
July 07, 2016

If you’ve been trying to buy something off Etsy, the online marketplace that bills itself as “a world of vintage and handmade goods” with “more than a million independent sellers,” but not having any luck the past few days, calm down, because you’re not alone...

International
UnionPay Delivers Instant Discounts To X-Border Consumers
July 07, 2016

China’s largest payment and clearing network, UnionPay, is looking to enhance the cross-border consumer experience with the launch of its “YouJiHua” marketing platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
EU Requests $2B Public-Private Cybersecurity Investment
July 07, 2016

The European Union wants to work with private companies to fund cybersecurity research. 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....

Security & Fraud
Virginia Man To Serve 4 Years For ID Fraud Scheme
July 07, 2016

A Virginia man was sentenced to 47 months in prison on Wednesday (July 6) by a federal district court for his role in a massive identity fraud scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...