Two new companies, Popshop Live and Glamhive, have come on the scene to provide the needed technology to broadcast, sell and monitor livestream shopping. In payment methods, quick-response (QR) codes are enjoying a renaissance in a post-pandemic world. And, in healthcare, Truepill has notched funding to...
Attention is turning to retail leases, as it has in the first week of each month during the pandemic, with one of the nation’s biggest real estate firms reporting only about two-thirds of collections. And Dunkin’s Speedway exit is putting the focus on contactless transactions, although the coffee...
Payment providers are offering alternatives to cumbersome and opaque correspondence banking protocols with cross-border payments. Small to medium-sized businesses (SMBs) are some of the main beneficiaries of these innovations, as they become more inclined to look into global eCommerce to add to their in-store sales. And Square is...
The vicious cycle of physical retail is meeting the virtuous cycle of digital, at a time when companies are aiming to chart a course toward a future that is without precedent. In retail, merchants need to enter a new kind of gig economy that can be called “gig retailing.”...
The pandemic has muted demand for vacation getaways, with AAA numbers forecasting that overall travel will be on the decline from July to September. Consumers are also looking to stay local, with Airbnb noting that the majority of domestic U.S. bookings since the beginning of...
The pandemic continues to put usual business operations on unsteady ground across several industries, bringing about disastrous financial effects. Small to medium-sized businesses (SMBs) are especially grappling with a loss of revenue, which has led to a number of them to close down in the U.S. And...
Orders to stay at home have consumers spending more on subscriptions – from streaming services to purchasing retail merchandise for day-to-day use. Merchants that provide subscription offerings are thriving, but they are not immune to churn. And in retail, the pandemic is likely to hit demand for luxury...
Fitness and wellness platforms are expanding their offerings as Americans continue working from their residences and gym facilities have limited operations because of the pandemic. Gympass’ services, in one case, will now expand to include live-streamed classes, one-on-one personal training, virtual therapy and overall wellness plans...
The pandemic created a digital-first customer in a matter of 12 weeks amid a massive shift to digital in categories such as grocery and food delivery. PYMNTS identified four digital consumer personas that provide new insight into whose digital habits might be enduring, where and why. And...
