News

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

Source: pymnts.com

Retailers Face ‘18-Month Struggle’ As Global Supply Chains Remain Tangled

Retailers Face ‘18-Month Struggle’ As Global Supply Chains Remain Tangled
Retailers Face ‘18-Month Struggle’ As Global Supply Chains Remain Tangled
August 17, 2021  |  Retail

For months, nearly every retailer has bemoaned slower supply chains and a lack of available inventory as terminal closures and bottlenecks at ports continue to...

READ MORE >
Sonic Automotive Opens Las Vegas EchoPark Dealership
Sonic Automotive Opens Las Vegas EchoPark Dealership
August 17, 2021  |  Retail

Auto retailer Sonic Automotive, Inc. on Tuesday (Aug. 17) opened an EchoPark Automotive outpost in Las Vegas, continuing the expansion of the brand across the...

READ MORE >
Home Depot Customers Make Few Trips, But Buy Bigger Items
Home Depot Customers Make Few Trips, But Buy Bigger Items
August 17, 2021  |  Retail

The Home Depot said its customer transactions fell roughly 6 percent last quarter, but average spending rose 11 percent when consumers did shop. Get the...

READ MORE >
Plaid’s Latest Funding Shows Open Banking Is Front And Center In US
Plaid’s Latest Funding Shows Open Banking Is Front And Center In US
August 17, 2021  |  Digital Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
COVID Concerns Trigger 1.1 Pct Slump In July Retail Sales Amid Swirl Of Conflicting Factors
COVID Concerns Trigger 1.1 Pct Slump In July Retail Sales Amid Swirl Of Conflicting Factors
August 17, 2021  |  Retail

A month of rising COVID-19 case counts coupled with a surge in mask mandates and vaccine requirements took the steam out of a nascent shopping...

READ MORE >
Plaid Raises Additional Series D Funding Led By J.P. Morgan Private Capital, Amex
Plaid Raises Additional Series D Funding Led By J.P. Morgan Private Capital, Amex
August 17, 2021  |  Investments

FinTech infrastructure firm Plaid raised new funding in an additional Series D round led by new investor J.P. Morgan Private Capital Growth Equity Partners and...

READ MORE >
GoDaddy Debuts Pay Links, Virtual Terminal Features For SMBs
GoDaddy Debuts Pay Links, Virtual Terminal Features For SMBs
August 17, 2021  |  Payments Innovation

GoDaddy, which works as an internet domain registrar, is planning to roll out features for pay links and virtual terminal features, a press release says....

READ MORE >
US Bank Brings FinTech Collaboration To The Next Level With Bento Buy
US Bank Brings FinTech Collaboration To The Next Level With Bento Buy
August 17, 2021  |  B2B Payments

Financial institutions continue to embrace collaborations and integrations with FinTechs, but this week, U.S. Bank elevated that strategy with its FinTech acquisition. Plus, Brazil takes...

READ MORE >
Community Banks Drive Innovation For SMBs With FinTech Collaboration
Community Banks Drive Innovation For SMBs With FinTech Collaboration
August 17, 2021  |  B2B Payments

Small- to medium-sized business (SMB) banking has faced an uphill battle over the decades. Often viewed as too unprofitable to justify major investments, the SMB...

READ MORE >