News

HBO’s John Oliver Rips Into Credit Reporting Agency Errors
April 11, 2016

“Measuring credit enables businesses to know who to lend to. It’s critical to our economy, and it always has been.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

News
The PYMNTS 5-In-1: April 11 Daily Data Digest
April 11, 2016

In the late 1800’s and early 1900’s — the era when radio was getting off the ground, television was still mostly a theoretical possibility and the notion of laptops, smartphone or the internet were outlandish science fiction — Americans on the hunt for entertainment would...

Retail
Flash Retailer Beyond the Rack Files For Creditor Protection
April 11, 2016

Beyond the Rack — one of the many online retailers that rode the flash sales trend all the way to the top and then back down the mountain — has filed for protection from its creditors as it faces both a liquidity crisis and a lack...

Retail
Big Brick-And-Mortars Double Down On Same-Day Delivery
April 11, 2016

As brick-and-mortar retailers continue to struggle to bring in consumers, a few are taking a page out of Amazon’s book and working instead to meet consumers where they live. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Dov Charney Plots His Post-American Apparel Comeback
April 11, 2016

Dov Charney is nothing if not a memorable character on the retail landscape. The controversial and colorful former CEO of American Apparel both oversaw its meteoric rise from t-shirt business to fashion empire and its crashing fall into bankruptcy. Get the Full Story Complete the...

Gap’s Shares Drop After Anemic March Sales
April 11, 2016

After a March pulse showed some very slumping sales, Gap Inc.’s stock price has taken a big hit. All in, Gap saw net sales for the five-week period ending April 2 at $1.43 billion — down from $1.53 billion a year ago. Same-store sales fell 6 percent,...

Kohl’s Kills Cafe Concept
April 11, 2016

While we hear over and over again that retail isn’t just about the goods anymore, it is about the experience consumers have while shopping for them, it is easy to forget that offering the right retail experience for consumers is not as easy as just...

The Hot (And Cold) Spots Of The Enterprise Tech Boom
April 11, 2016

Technology is booming for business. A roundup of new research released last week revolves around the adoption of innovation and the trend away from legacy tools. But that doesn’t mean every business is keeping up with the tech times or with every kind of technology....

B2B Payments
Banks Scared Of Becoming ‘Irrelevant,’ Says FUNDING XCHANGE
April 11, 2016

The alternative lending industry introduced a new threat to traditional banks, but the conversation has since turned to how financial institutions can collaborate with FinTech disruptors in an effort to progress the lending industry and stay on top of digital trends. Get the Full Story...