Retail

Retail
Shopify Links Up With Alipay To Boost Merchants’ Cross-Border Sales
November 17, 2020

Shopify has expanded its payment options for merchants with a new partnership with Alipay, China’s payments app. 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
Can Low Credit Card Balances Save Holiday Spending? Don’t Bet On It
November 16, 2020

Here’s the scenario. Consumers have cut back on travel, in-person entertainment and restaurant spend. They have paid down their credit cards. Then they will use this newfound spending power to bring a new, vengeful spending strategy to the holiday season because, after all, the American...

Retail
Mastercard’s Vosburg Sees Consumer Spending Changes
November 16, 2020

Craig Vosburg, Mastercard’s president of North America, said at a conference Monday (Nov. 16) that the company is seeing new consumer spending trends as a result of the pandemic. Speaking at the Citi 2020 FinTech Conference, Vosburg recounted some of the trends seen in the...

Retail
US Restaurants Face Uncertain Winter Amid Pandemic
November 16, 2020

As the coronavirus surges in the United States, restaurants across the country are bracing for both more restrictions and the coming danger of more infections. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Japan’s Rakuten Introduces Retail Tool For Digital Transformation
November 16, 2020

Rakuten, a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Big Week Ahead For Retail; Target Earnings Expected To Show Momentum Of Digital Shift
November 16, 2020

With a successful Singles Day in the books for Alibaba, last week was a referendum on the spending power and preference for Chinese consumer. This week is a referendum on the U.S. consumer’s spending power as Kohl’s, Walmart, Macy’s, Target and other brick-and-mortar-based retailers report...

Retail
Simon Property Group, Taubman Centers Set $43 Per Share Merger Price
November 16, 2020

Simon Property Group, Inc. and Taubman Centers, Inc. have changed their merger price to $43 per share in cash, according to a press release from Simon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
The Home Depot Strikes Deal To Buy HD Supply Holdings
November 16, 2020

The Home Depot, the Atlanta-based home improvement retailer, has entered into a definitive deal to buy a national distributor of maintenance, repair and operations (MRO) items in the apartment and hospitality end markets. Get the Full Story Complete the form to unlock this article and...

Retail
Grocers Set Purchase Limits, Walmart Restricts In-Store Customers As COVID Cases Rise
November 15, 2020

Retailers around the country are reinstating measures intended to counter the spread of COVID-19, CNBC reported. 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...