With Square preparing to acquire Afterpay for $29 billion, the buy now, pay later (BNPL) space is hotter than ever. The Square-Afterpay deal will see Afterpay integrated into both the Seller and Cash apps to offer BNPL services to a much wider range of merchants...
As the Delta variant of COVID-19 surges, retailer Target will now be requiring its employees to don masks again. 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...
In today’s top retail news, Foot Locker is shelling out $1.1 billion to acquire two smaller footwear retailers as it looks to grow beyond malls, while Victoria’s Secret and Bath & Body Works are setting off on their own as independent public companies. Also, Square’s...
Today in restaurant and grocery news, ridesharing platform Bolt gets hundreds of millions to power its eGrocery expansion as venture capital pours in for grocery delivery solutions. Plus, Swisslog talks micro-fulfillment. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
With the entry of dozens of digitally native companies into the online grocery space, and with billions in venture capital to power their expansion, traditional brick-and-mortar grocers are challenged to adapt to retain the loyalty of their shoppers. Strategies that worked when online orders made...
The global online grocery space continues to get more crowded. Not only do new e-grocery companies enter the ring each month, but existing companies from other industries have been making their own entries into the space. Bolt (the Estonia-based multinational mobility platform, not the San...
Acima, the virtual lease-to-own (LTO) FinTech arm of Rent-A-Center, Inc., on Monday (Aug. 2) rolled out a digital platform focused on improving the retail leasing experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As of today, L Brands is no more. Nearly 60 years after businessman Les Wexner borrowed $10,000 to open The Limited’s first location in Ohio, the company’s two remaining brands — Victoria’s Secret and Bath & Body Works — are charting their own paths as...
The past several weeks have seen one glowing earnings report after another for retailers and eCommerce companies. In toys, Mattel and Hasbro both saw strong sales between April and June, and shoemakers Skechers and Crocs said they’ve seen increased demand for their products as consumers...
