News

Target to Open 15 Stores in Urban Areas in 2015
February 04, 2015

In an effort to respond to the increasingly urban, digitally connected population, Target has announced the opening of 15 stores this year in major American cities such as San Francisco, San Diego, Washington, D.C., and Chicago. Dubbed “TargetExpress,” these stores are only 20,000 square feet and...

Study: Mobile Shoppers Likely to Shop From Home
February 04, 2015

Mobile shopping has come to be understood as a way for brick-and-mortar stores to increase traffic and sales inside the four walls of their establishment, but a survey from November 2014 released by Contact Solutions shows that the idea of the “showrooming” customer is superseded...

Target Taps Tesco Executive as CIO
February 04, 2015

Target has announced that former Tesco executive Mike McNamara will be assuming the role of executive vice president and CIO at Target, sources told Drug Store News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

PayPal’s Progress In China
February 04, 2015

In a story last week, PYMNTS reported that Chinese merchants were cooling to PayPal after the U.S. based payments company froze or, in some cases, deducted funds from local accounts in response to an order from a U.S. judge. Get the Full Story Complete the...

Wirecard Targets Summer For Release Of Its Wearable Wallet
February 04, 2015

German payments company Wirecard gave the world a first peek at its new wearable device that functions like a digital wallet worn as a wristband.  The device, called the Smart Band, can be used to store credit cards, ID cards and even tickets. Though only...

CFPB, USDE Provide Debt Relief Against Predatory Lending Scheme
February 04, 2015

The Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Education (USDE) announced Tuesday (Feb. 3) that it will be providing $480 million in forgiveness for borrowers who took out Corinthian College’s high-cost private student loans. Get the Full Story Complete the form to unlock...

Blurred Lines: Card Present And Card-Not-Present
February 04, 2015

Tim Cook may say that 2015 is the “Year of Apple Pay” but 2015 might be the year in which the split between card-present, NFC, in-store, card-not-present, online and in-app, begin to disappear, Matt Barr, SVP of Emerging Payments for the U.S., MasterCard told MPD...

Survey: Mobile Untapped Resource In Omnichannel World
February 04, 2015

When it comes to retail customer service, the mobile side is an untapped resource, according to new data from an Econsultancy survey that looked at how retailers plan to alter their customer experience budgets. Get the Full Story Complete the form to unlock this article...

Proxibid Brings the EBay Experience to B2B Buyers
February 04, 2015

EBay played a crucial role in the early B2P and P2P e-commerce revolution, but B2B commerce hasn’t quite caught up with the digital shift. Emerging research shows that unless suppliers offer quality online shopping experiences for B2B buyers, they’ll lose out on some major business....