News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Luxury Brands Spread Out Across US as New Wealth Centers Emerge

Luxury Brands Spread Out Across US as New Wealth Centers Emerge
Luxury Brands Spread Out Across US as New Wealth Centers Emerge
August 07, 2022  |  Retail

Luxury brands like Gucci and Chanel have been expanding their horizons, opening locations in U.S. cities where they never used to do business. Get the...

READ MORE >
CVS Reportedly Eyeing Signify Health to Expand Into Medical Services
CVS Reportedly Eyeing Signify Health to Expand Into Medical Services
August 07, 2022  |  Healthcare

CVS is reportedly looking to purchase healthcare platform Signify Health, which would allow the drugstore chain to expand into home health services. Get the Full...

READ MORE >
5 Things to Know About the Nigeria Startup Bill
5 Things to Know About the Nigeria Startup Bill
August 07, 2022  |  Startups

In July, the Nigeria Startup Bill (NSB) passed through the country’s House of Representatives, a week after the Senate voted in favor of it. The...

READ MORE >
Direct-to-Consumer Retailing Boosts Supply Chain Technology Providers
Direct-to-Consumer Retailing Boosts Supply Chain Technology Providers
August 07, 2022  |  Retail

More companies have embraced selling directly to consumers, sidestepping old, larger-scale operations in favor of developing direct-to-consumer (D2C) operations. Get the Full Story Complete the...

READ MORE >
Erdogan: 5 Turkish Banks Adopt Russia’s Mir Payment System
Erdogan: 5 Turkish Banks Adopt Russia’s Mir Payment System
August 07, 2022  |  International

Five Turkish banks have adopted Russia’s Mir payments system, a Bloomberg report said Saturday (Aug. 6), quoting Turkish President Recep Tayyip Erdogan after his talk...

READ MORE >
Report: Experian Faces Class-Action Lawsuit Over Security Concerns
Report: Experian Faces Class-Action Lawsuit Over Security Concerns
August 07, 2022  |  Legal

Consumer credit bureau Experian is facing a class-action lawsuit over allegations that it didn’t do enough to prevent identity thieves from sabotaging peoples’ accounts. Get...

READ MORE >
Walmart to Acquire Volt Systems, Bolster Supply Management
Walmart to Acquire Volt Systems, Bolster Supply Management
August 07, 2022  |  Acquisitions

Walmart announced Friday (Aug. 5) that it is set to acquire tech company Volt Systems, with the purchase giving suppliers greater visibility into merchandising resources....

READ MORE >
Taken a Beating on Bitcoin? How ’Bout a Weekend in Vegas?
Taken a Beating on Bitcoin? How ’Bout a Weekend in Vegas?
August 06, 2022  |  Cryptocurrency

What’s highly resistant to 40-year high inflation and malingering COVID-19 (and now monkey pox) fears? The idea of winning money, of course, explaining the 2022...

READ MORE >
53% of Consumers Say They Are Financially Worse Off Than Last Year
53% of Consumers Say They Are Financially Worse Off Than Last Year
August 05, 2022  |  Connected Economy

Inflation runs rampant, at levels not seen in decades.   Earnings reports continue to roll in, complete with cautious management commentary: Though consumers are still spending,...

READ MORE >