News

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

Source: pymnts.com

Sycamore Partners Reportedly Negotiating To Buy JCPenney
Sycamore Partners Reportedly Negotiating To Buy JCPenney
June 05, 2020  |  Partnerships / Acquisitions

Sycamore Partners, the New York private equity firm that specializes in distressed buyouts, is in preliminary talks to purchase JCPenney, sources told Reuters. Get the...

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Instacart Updates Tipping Process To Protect Against Tip Baiting
Instacart Updates Tipping Process To Protect Against Tip Baiting
June 05, 2020  |  Delivery

To safeguard its shoppers from having their tips reduced to zero when customers receive their groceries, Instacart is modifying its tipping process after shopper complaints....

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New Suitors Emerge As Possible Grubhub Buyers
New Suitors Emerge As Possible Grubhub Buyers
June 05, 2020  |  Partnerships / Acquisitions

Amid ongoing discussions with Uber on a potential deal, two food delivery platforms in Europe — Delivery Hero and Just Eat Takeaway.com — have each...

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Kroger, Ocado To Build Regional High-Tech Fulfillment Centers
Kroger, Ocado To Build Regional High-Tech Fulfillment Centers
June 05, 2020  |  Retail

The Kroger Family of Companies, the nation’s largest supermarket chain, and Ocado Supermarket Co., the British online grocer, have announced a joint plan to build...

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Debt Issuance And Layoffs Point To Headwinds For Labor Market?
Debt Issuance And Layoffs Point To Headwinds For Labor Market?
June 05, 2020  |  Economy

Issue debt, raise funds, lay off workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Citi Reports Jump In Online Banking Usage By Commercial Clients
Citi Reports Jump In Online Banking Usage By Commercial Clients
June 05, 2020  |  B2B Payments

Citi‘s Treasury and Trade Solutions (TTS) customers have increased their utilization of the firm’s digital banking technology, while firms globally implemented continuity plans and telecommuting...

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Slack Revenues Soar, But Less Than Competitor Zoom
Slack Revenues Soar, But Less Than Competitor Zoom
June 05, 2020  |  Earnings

Slack, the San Francisco-based workplace messaging app, saw its revenues surge in the first quarter as working from home became the new reality amid the COVID-19 pandemic....

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The Digital Shift, Real-Time Payments, Stimulus Funding Top This Week’s News
The Digital Shift, Real-Time Payments, Stimulus Funding Top This Week’s News
June 05, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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Google’s Search Engine Option Menu In Europe Gets DOJ Attention
Google’s Search Engine Option Menu In Europe Gets DOJ Attention
June 05, 2020  |  Google

Google’s move to provide a menu in Europe, which began showing up on new tablets as well as smartphones and lets users select a search...

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