pymnts Profile:
Target (NYSE: TGT)
Target Corporation is the eighth-largest department store retailer in the United States, and is a component of the S&P 500 Index.
How FinTechs Tackle Real-Time Payments With Automation
April 17, 2019
Corporations today receive payments through a variety of methods: They might take in funds through checks, traditional automated clearing house (ACH) or wire transfers. Some corporates may accept cash, credit ... Read moreSupplier Contracts At The Center Of 7-Eleven Franchisee Dispute
April 17, 2019
A dispute between 7-Eleven franchise owners and 7-Eleven, Inc. (SEI) is brewing, putting vendor contract negotiations in the spotlight of the franchise sector.
A press release, issued on Tuesday (April 16), ... Read moreScottish Construction Trade Association Calls For Action Amid Late Payments
April 15, 2019
Spotlights continue to be trained on late payments in the United Kingdom, where a construction trade group in Scotland has called for protection from “payment abuse.” In other news, Australia ... Read moreSen. Warren Proposes 7 Percent Corporate Tax Law
April 12, 2019
Democratic presidential hopeful Sen. Elizabeth Warren announced her vision for a revamped corporate tax law, The Wall Street Journal reported Thursday (April 11), an initiative that could raise $1 trillion over ... Read moreBringing Loyalty Programs To The Self-Serve Crowd
April 12, 2019
Vending machines and retail kiosks are becoming more advanced as solution providers introduce new technologies and retailers implement the solutions to sell a wider variety of products, including high-end goods ... Read moreThe Risks Of A Buyer-Supplier Power Struggle
April 11, 2019
Recent news from Walmart in Mexico put the spotlight on the retail giant’s rivalry with Amazon earlier this month, when Reuters reported that Walmart is demanding discounts from its food ... Read moreOn The Hill, Banking’s Biggest Get Grilled
April 11, 2019
The biggest names in banking came to the Hill, repping seven of the largest financial firms in the United States. Ten years after the financial crisis, the rebound has been palpable, ... Read moreHow Retailers Are Gearing Up For Contactless Payments Via mPOS
April 10, 2019
With the use of contactless payments heating up around the world, small and mid-sized businesses (SMBs) and their solution providers have to prepare for their acceptance. Mobile point-of-sale (mPOS) terminals ... Read moreFacebook Co-Founder’s VC Firm B Capital Raises $406M
April 8, 2019
Facebook Co-founder Eduardo Saverin has closed out $406 million for B Capital, his venture capital fund, according to a report.
This is the first close of its second fund, and the ... Read moreWill Our Love-Hate Relationship With Social Media Ever Break?
April 5, 2019
It’s the love-hate relationship that defines the digital age in the early 21st century: U.S. consumers and social media. Data breaches, marketing so targeted and specific that it can feel ... Read more
The Whole Paycheck Tracker: Bringing SNAP Recipients Into The Digital Fold
April 19, 2019
While the race for the consumer’s whole paycheck between Walmart and Amazon was somewhat quieter this week than it has been in the for the last several weeks, things started ... Read moreInstacart Expands Alcohol Delivery Across The US
March 12, 2019Instacart, the online grocery company, announced Tuesday (March 12) it has expanded alcohol delivery for customers across the U.S..
In a press release, Instacart said customers in 14 states, as well ... Read moreWalmart, Udelv Pair On Self-Driving Delivery Vans
January 8, 2019California autonomous car startup company Udelv announced it is teaming up with Walmart to offer its self-driving vans for deliveries, according to a report in VentureBeat.
The company made the announcement ... Read moreAmazon Adds Eight More Cities To Grocery Pickup At Whole Foods
November 7, 2018Amazon announced Wednesday (November 7) that it is expanding grocery pickup from Whole Foods Market through Prime Now to eight more cities.
In a press release, Amazon said the cities it ... Read moreKroger Expands Delivery Deal With Instacart
August 31, 2018Kroger is broadening its delivery deal with Instacart, gearing up to expand the number of stores where it offers the service.
According to a report in USA Today citing the company, as ... Read moreAmazon Rolls Out Whole Foods Curbside Delivery In Two Markets
August 8, 2018Amazon and Whole Foods Market announced Wednesday (August 8) the launch of curbside grocery pickup in Sacramento and Virginia Beach.
In a press release, Amazon said the service will come to ... Read moreWalmart Testing Robots To Fill Grocery Orders More Quickly
August 6, 2018Taking a page from Amazon.com, Walmart announced late last week that it will be testing robots to help it fill online grocery orders quicker.
According to a press release, the company ... Read moreWalmart Bringing Grocery Delivery To 100 Cities
March 14, 2018Walmart is expanding its efforts to take on Amazon, planning to offer home delivery of groceries in 100 cities in the U.S. by the end of 2018.
Citing a spokesman for ... Read moreAmazon Sold $11 Million Of Whole Foods Groceries In 2017
January 16, 2018Whole Foods’ private-label brand is aiding sales at Amazon’s online grocery delivery service, AmazonFresh, which were up 35 percent to $135 million in the last four months of 2017, the ... Read moreThe Last Mile, With (Literal) Food For Thought
January 11, 2018It’s not the fall that kills you. It’s the landing, as they say.
Similarly, it may not be the price or product that breaks the retailer – it may be the last ... Read more
Spring Break Goes High-Tech
April 20, 2019From smart bags to social media, spring break is becoming a surprisingly digital and high-tech travel period in the U.S.
The words “spring break” evoke all kinds of mental images. Beaches, ... Read moreElizabeth And James Rises Again At Kohl’s
April 19, 2019The Olsen twins’ fashion empire has had a rather twisty and turny path through the world of retail apparel. Their first entry was an eponymously named line for Walmart that ... Read moreWhy Tivoli Audio Is Trying To Make Brick-And-Mortar Retail Waves
April 19, 2019To let shoppers experience their products in person, brands are opening brick-in-mortar stores in major shopping destinations, even as major retailers are closing stores across the country. Tivoli Audio, which ... Read moreProduct Returns Get A New Look At Walgreens And Nordstrom
April 19, 2019When it comes to retail and digital commerce, it’s not just about the purchase, and it probably hasn’t been for more than a few years at this point. It’s about ... Read moreSNAP Recipients In NY Can Order Groceries From Walmart, Amazon
April 18, 2019Big news is in the offing for Walmart, Amazon and other chains that offer grocery ordering online – they have gotten a formal “green light” from the USDA to offer ... Read moreLampert Faces Suit From Sears Holdings Corp
April 18, 2019In the wake of the retailer’s bankruptcy, Sears Holdings Corp. has filed a lawsuit against former CEO Eddie Lampert, along with ESL Investments and former directors. The suit comes following Lampert’s ... Read moreChina’s Starbucks Rival Luckin Raises $150M
April 18, 2019Luckin, a Chinese coffee startup that aims to dominate rival Starbucks in the Chinese coffee market, has raised $150 million in a Series B-plus fundraising round, according to a report. ... Read moreMarket Love For ‘A Tech Firm Delivering Pizzas’
April 18, 2019Domino’s got a big boost in its share price, care of a big up-vote from Morgan Stanley Analyst John Glass in the form of a raised rating to overweight from ... Read moreCan Retailers Find Secondhand Success With Luxury (And Other) Items?
April 18, 2019The second time is the charm — that holds true for Neiman Marcus, and the hot retail trend the chain is tapping into (again).
Retailers are increasingly turning their sights to ... Read moreWill Telling A Story Drive Foot Traffic To Macy’s?
April 18, 20192019 got off to a bumpy start for Macy’s, as holiday sales slumped when they were expected to soar.
“The holiday season began strong – particularly during Black Friday and the ... Read more
Why Grab Built Its Ecosystem Around Drivers
April 19, 2019Ankur Mehrotra, managing director and head of financial services for Grab, still gets emotional when talking about the drivers and their dreams of owning cars. Not exactly in a tearful ... Read moreSmart Agents Are AI’s DNA — Here’s Why
April 19, 2019Inspiration comes from anywhere and everywhere, and that goes for digital innovation in payments and commerce. Just ask Akli Adjaoute, CEO of Brighterion (a Mastercard company), who recently spoke with PYMNTS’ Karen Webster about ... Read morePassport Taps Ex-Sage CEO To Lead Payments
April 18, 2019Passport, the mobility management platform, announced Thursday (April 18) that it has named Greg Hammermaster as head of payments.
In a press release, Passport, which has more than $1 billion in ... Read moreFlywire, TRUE North Integrate To Reach More International Students
April 18, 2019Flywire, the payment company focused on educational institutions and their students around the world, announced Thursday (April 18) an expanded partnership with TRUE North, the Canadian provider of online systems ... Read moreInternational Train Service Eurostar Adds Google Pay Support
April 17, 2019High-speed rail service Eurostar is adding Google Pay support to its service in an effort to reduce the usage of paper tickets, according to reports.
With the Google Pay tickets feature, ... Read moreOTT Pay Teams With Canada’s Wonderland; Citcon Raises $5M In Series B Funding
April 17, 2019Welcome to The Axis, your late look at payments news from around the world. Coverage includes OTT Pay’s tie-up with Canada‘s Wonderland to offer new mobile payment options. Citcon reportedly notched $5 ... Read moreAlibaba Presses The Gas Pedal On Connected Car Apps
April 17, 2019Even in the glory days of manual transmissions and leaded gasoline, driving was never just about driving, about getting from one point to another. Driving was about freedom, ego, escape ... Read moreWhy Mastercard Bought Vyze
April 17, 2019Second thoughts — sure, wise elders recommend them, but they represent defeat for retailers. Hesitation and deeper consideration can lead to fewer products in baskets, abandoned carts and lost sales ... Read moreBilltrust Collections Solution Aims To Crack Late Payments Problem
April 16, 2019Collections will never be the most beloved part of a business’ payment lifecycle – because in an ideal world, they wouldn’t exist, and buyers would pay suppliers on time in ... Read moreDigital Payments Help Rebuild Notre Dame Cathedral
April 16, 2019After much of Chicago burned to the ground in 1871, rebuilding the city involved various fundraising and restorative strategies. One famous effort took the form of donated books sent from ... Read more
