The month after Christmas was a mixed bag for retailer J.C. Penney. While it reported that its holiday sales were better than expected in December, the company also announced Thursday (Dec. 8) that it would be shutting down 40 stores. Get the Full Story Complete...
Payment solutions provider Global Payments Inc. reported another strong quarter as it works to expand its worldwide presence through new international ventures — including additional e-commerce and omnichannel offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.K. supermarket giant Tesco said Thursday (Jan. 8) that it will dump nearly 100 stores, lay off thousands of employees, and possibly sell Dunnhumby, the customer-data subsidiary responsible for the chain’s highly successful loyalty program, The Guardian reported. Get the Full Story Complete the form...
European policymakers are fighting over how financial messaging information from the SWIFT network can be used to fight terrorism, and who gets to use it, EU Observer reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A data breach at hotel management company AMResorts may have exposed payment card data and personal information of people who booked their vacations at the company’s luxury resorts, SC Magazine reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Fast-casual food chain Panera Bread has now rolled out its “Panera 2.0” upgrade to about 100 of its 1,845 cafes, adding online and mobile ordering and no-wait to-go orders, according to Nation’s Restaurant News. Get the Full Story Complete the form to unlock this article...
China’s UnionPay, which already has more payment cards in circulation than Visa or MasterCard, is now planning to expand beyond its current 148 countries and regions outside mainland China, according to Cash & Treasury Management File. Get the Full Story Complete the form to unlock...
The nationwide drop in U.S. gas prices means more consumers are staying current on their debts, according to a quarterly report from the American Bankers Association. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
It seems that Amazon will be taking no break in their attempt to become the online “everything” business in 2015, and is now developing a “secret” inventor platform aimed at helping create (and eventually exclusively sell) the next generation of electronic hardware. Get the Full...
