November 17, 2022
National Retail Solutions, Uber Partner on Delivery for Neighborhood Stores
Point-of-sale (POS) platform operator National Retail Solutions (NRS) and Uber Technologies have partnered to facilitate delivery from participating NRS local retailers and bodegas. The partnership will offer Uber Direct’s same-day...
November 17, 2022
Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
Drawing on a 40-year purview as a Macy’s employee that began as a trainee in 1983 and has seen him in the role of chairman and CEO for the past...
November 17, 2022
How Technology Is Increasingly Humanizing Digital Banks
By some accounts, the omnichannel bank of the future has digital roots that trace back 20 years or more, Michael Haney, head of digital core at Technisys, told PYMNTS. From...
November 16, 2022
Retail Report’s Discretionary Spending Pullback Signals Holiday Headwinds
Consumers spent more last month than some observers expected. What remains to be seen is whether that trend can continue. Commentary from Target Wednesday (Nov. 16) and PYMNTS’ own data...
November 16, 2022
Secured Credit Cards Help FinTechs and Consumers Weather Macro Storms
For neobanks, the debit card is no longer going to be enough — not to brave the storm clouds gathering at this moment, and which will last a few years....
November 15, 2022
Producer Prices Signal More Margin Pressure for Main Street Retailers
Smaller increases in inflation have given investors reason to cheer in recent days. But the latest Producer Price Index (PPI) data hints at more pressure ahead for Main Street SMBs,...
November 15, 2022
Home Depot Aims at B2B Friction to Boost Lucrative Professional...
Despite volatility in real estate prices and reduced consumer buying power due to inflation, the country’s largest home improvement retailer said Tuesday (Nov. 15) that its commercial customer base was...
November 15, 2022
Mastercard Projects 15% Growth in Black Friday Spending
Mastercard is offering a sunny forecast for Black Friday, with its SpendingPulse report projecting a 15% growth in retail sales on the day after Thanksgiving. “Expect Black Friday shopping to be...
November 14, 2022
Amazon’s Retail Staff Cuts May Hand Walmart an Omnichannel Edge
Unconfirmed reports Monday that said Amazon is planning to cut up to 10,000 jobs could give Walmart an opportunity to retake some market share from its struggling retail rival. The...
