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Today In Payments Around The World: Payments Canada Taps Interac For Real-Time Services; EU Could Face Recession

Today In Payments Around The World: Payments Canada Taps Interac For Real-Time Services; EU Could Face Recession
Today In Payments Around The World: Payments Canada Taps Interac For Real-Time Services; EU Could...
March 03, 2021  |  News

In today’s top payments news around the world, Payments Canada will work with Interac Corp. to function as the exchange service provider for the country’s...

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Target Expands Grocery Pickup Options As Food Spend Increases
Target Expands Grocery Pickup Options As Food Spend Increases
March 03, 2021  |  Retail

Target began rolling out grocery pickup and drive-up across the United States over the summer in an effort to compete with the low-contact options offered...

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SoftBank Plans Big PayPay Push In Wake Of Line Pay Merger
SoftBank Plans Big PayPay Push In Wake Of Line Pay Merger
March 03, 2021  |  Digital Payments

SoftBank is out to double the users of its PayPay QR code payments app in the next three to four years, Reuters reported. Get the...

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Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
March 03, 2021  |  Retail

Luxury retailer Nordstrom said it posted a 20 percent decrease in fourth-quarter sales and an 82 percent decline in earnings as higher than expected merchandise...

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Dollar Tree To Ramp Up Combo Stores And New Locations In Bid To Boost Sales Growth
Dollar Tree To Ramp Up Combo Stores And New Locations In Bid To Boost Sales...
March 03, 2021  |  Retail

Dollar Tree, the country’s second-largest operator of discount stores, said Wednesday (March 3) that it is accelerating store growth and renovations this year as it...

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Digital Technology Fuels Retail Sales, Disbursements 
Digital Technology Fuels Retail Sales, Disbursements 
March 03, 2021  |  Today In Data

Target said that years of investments into its omnichannel capabilities fueled record sales and earnings for its most recent quarter and the full year. In department store retail,...

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David’s Bridal Preps For Post-COVID Events Surge
David’s Bridal Preps For Post-COVID Events Surge
March 03, 2021  |  Retail

Of all the many aspects of daily life disrupted by the pandemic, few have been as disappointing and costly as the wholesale cancellation of weddings,...

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Vestiaire Collective Wraps Up $215 Million Financing Round
Vestiaire Collective Wraps Up $215 Million Financing Round
March 03, 2021  |  Retail

French pre-owned fashion platform Vestiaire Collective completed a 178 million euro (approximately $215 million) financing round. American investment firm Tiger Global Management and French luxury...

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Ross Stores’ Traffic Lowered By Pandemic
Ross Stores’ Traffic Lowered By Pandemic
March 03, 2021  |  Retail

Off-price apparel and home fashion chain Ross Stores, Inc., which has 1,585 locations in 40 states, said that fourth-quarter sales came out ahead of its forecasts, although...

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