News

Retail
The Lundgren Era At Macy’s Is Ending
June 23, 2016

According to reports emerging today, Macy’s long-term CEO Terry Lundgren will be stepping down from his post as of next year. Lundgren has been in the role for almost 13 years. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Uber For Baby-Sitting: Hello Sitter At The Nexus Of Creepy And Cool
June 23, 2016

Every parent has felt the pinch – a sudden and overwhelming need for a baby-sitter, with no familiar source of child care in sight. In some cases the pinch is a legitimate emergency, in others it’s just a sudden need to get to the movies...

Retail
Brexit And The Retail Conundrum
June 23, 2016

The voting has begun as of this writing and the world holds its breath, peering at lines queuing up to finally give the yay or nay for Brexit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
How Are Merchants Prepping For Prime Day?
June 23, 2016

Buoyed by the success of its first ever Prime Day last summer, Amazon is again prepping a massive sales day for mid-July, and merchants and retailers are gearing up for the event. Get the Full Story Complete the form to unlock this article and enjoy...

Risk Management
Chapter 11 Watch: Tough Times For Uniqlo, PacSun Gets Lucky
June 23, 2016

Retail’s constant chase for growth means that some or even most will never reach their goals. And the circle of merchant life often means that, when growth is no longer attainable, there’s the ever-present vacuum of Chapter 11 proceedings clearing the detritus out of the...

Omnicommerce
H&M Pushing Growth Despite Sales Decline
June 23, 2016

Retailers have plenty of reasons to put on a happy face when things might not necessarily be going so well on the black-and-white financial side of things. Whether it’s to reassure shareholders or project an image to consumers, never admitting defeat is a go-to strategy...

Regulation
FAA Grounds eCommerce Drones
June 23, 2016

Consumer-facing drones definitely had their moment in 2015 with a crush of them appearing in the sky flowing by hobbyists’ hands. However, commercial operators have largely been stymied by the lack of regulations governing who can and can’t fly – and what they can and...

B2B Payments
For SMBs, Education Smooths The Lending Process
June 23, 2016

Startups need capital to get off the ground, but pitfalls abound when seeking funding. New Business Funder's Troy Bohlke explains how knowledge is power.

UK Banks Hit Blockchain Payment Milestone
June 23, 2016

A group of U.K. banks may have just hit a cross-border blockchain payment milestone. 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...