News

eCommerce
DRINKS CEO: Alcohol eCommerce Market Poses Multibillion-Dollar Opportunity
July 19, 2023

As consumers increasingly turn to eCommerce platforms to get their day-to-day needs met alcohol remains largely left out of the digital shift, leaving a significant opportunity for those that can navigate the tangle of rules and regulations. Get the Full Story Complete the form to...

Banking
Banks Losing Net Interest Income as Big Deposits Look Elsewhere
July 19, 2023

America’s banks are under increasing pressure as their corporate and institutional clients seek greater rates on deposits. 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...

Retail
Lowe’s Same-Day Service Delivery Goes Nationwide
July 19, 2023

Lowe’s is taking its same-day delivery offering nationwide. 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 completing this form, you agree...

Retail
Where Will Parents Spend This Back-to-School? Amazon, Walmart Push Frugality 
July 19, 2023

Anticipated back-to-school (BTS) shopping expenses are expected to reach $41.5 billion, exceeding the previous record of $37.1 billion set in 2021 and the $36.9 billion in 2022.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Virtual Try-on, Clothing Rentals Get Boost With Consumer Travel Plans
July 19, 2023

With the increase in travel, brands, retailers, and solution providers are striving to capture a larger portion of the consumer expenditure to expand their market share.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
FTC and DOJ Unveil Tougher Merger Oversight Rules
July 19, 2023

Federal regulators want the public’s input into new guidelines governing mergers. 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 completing...

Retail
Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000
July 19, 2023

While Richmont has essentially declared that China isn’t buying, prestigious London department store Harrods is preparing to unveil an exclusive club in Shanghai. This step not only marks the luxury retailer’s first venture into international territory but also contradicts the wishy-washy buying patterns observed among Chinese...

Regulation
TikTok Faces Scrutiny Over Compliance With EU Regulations
July 18, 2023

TikTok reportedly failed to fully pass a recent test conducted by the European Union’s governing body, raising concerns that the popular social media platform is not yet compliant with upcoming regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Digital Banking
Neobank bunq Launches Cash Back and Savings Interest
July 18, 2023

European neobank bunq has added cash-back and savings bonuses to its offerings designed for digital nomads. 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...