News

Loyalty & Rewards
TGI Fridays Latest Chain Remaking Loyalty to Favor First-Party Ordering Over Aggregators
May 15, 2023

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Faster Payments
Zimpler Launches Instant Cross-Border Payouts for Eurozone Countries
May 15, 2023

Zimpler has launched instant cross-border payouts for the 20 eurozone countries. 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...

Retail
Victoria’s Secret Ditches the Runway for Film, but Will Consumers Care? 
May 15, 2023

Victoria’s Secret (VS) is reviving its iconic fashion show but with a fresh approach. Instead of the traditional runway event, the brand is featuring women from diverse backgrounds worldwide in a full-length film called “Victoria’s Secret World Tour.” The movie aims to highlight the brand’s...

Retail
Mugler and H&M: Why Luxury Brands Are Leaning Into Fast Fashion
May 15, 2023

The fashion industry used to view collaborations between luxury brands and fast fashion as taboo. Luxury brands were reluctant to partner with fast-fashion retailers for fear of damaging their brand image. Nevertheless, the landscape has changed as consumer attitudes towards fashion have shifted and new...

Cross-border Payments
How a 190-Year-Old UK Bank Is Reimagining Payments
May 15, 2023

Slow processing times, high banking fees, and complex and overlapping regulatory requirements continue to create pain points for individuals sending and receiving remittances worldwide. And although technology has simplified cross-border payments over the years, Bhairav Trivedi, CEO at U.K.-based Crown Agents Bank (CAB), says not...

Retail
40% of US Retailers Say Scan-and-Go Is Essential to Keep Customers
May 14, 2023

The Wall Street Journal reported last month (April 7) on the evolution of self-checkout systems, focusing on Uniqlo’s parent company, Fast Retailing, and its introduction of radio frequency identification (RFID) technology into the process. In stores where the system is implemented, shoppers can simply drop...

International
Macron Invites Global Companies to ‘Choose France’
May 14, 2023

France’s president is due to unveil billions in investments in his country by global businesses. 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,...

Retail
Target Investors Worry About Earnings as Consumers Cut Back
May 14, 2023

As consumers cut spending, investors are reportedly worried Target’s next earnings will miss the mark. 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....

Social Commerce
New Twitter CEO’s Goal: Turning Platform to ‘Twitter 2.0’
May 14, 2023

Twitter’s new CEO says she’s excited to “transform” the social media platform. 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...