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

Source: pymnts.com

Palantir Technologies Seeks Nearly $1B From Investors

Corona Beer Parent Company Tops Off DTC Trend
Corona Beer Parent Company Tops Off DTC Trend
July 02, 2020  |  Retail

The direct-to-consumer (DTC) trend attracted another big name this week, as Corona beer’s parent company, Constellation Brands, acquired media agency owner Gary Vaynerchuk’s Empathy Wines....

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The Pandemic’s Effect On Subscriptions And Luxury Goods
The Pandemic’s Effect On Subscriptions And Luxury Goods
July 02, 2020  |  Today In Data

Orders to stay at home have consumers spending more on subscriptions – from streaming services to purchasing retail merchandise for day-to-day use. Merchants that provide subscription offerings...

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Saving Main Street: College Towns Deal With Economic Devastation
Saving Main Street: College Towns Deal With Economic Devastation
July 02, 2020  |  Economy

Downtowns everywhere from Maine to California are dealing with varying degrees of economic and existential pain as a result of the pandemic, but nowhere is...

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Pandemic Brings Dark Days For Department Stores
Pandemic Brings Dark Days For Department Stores
July 02, 2020  |  Retail

If department stores survive this pandemic, July 1, 2020 will almost certainly mark the point where the format reached one of its darkest days. On...

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Walmart To Transform Parking Lots Into Drive-In Cinemas, Offer Virtual Camp
Walmart To Transform Parking Lots Into Drive-In Cinemas, Offer Virtual Camp
July 02, 2020  |  Retail

To provide entertainment to families amid the coronavirus pandemic, Walmart unveiled a virtual experience and an in-person “contact-free” experience. The events include a virtual camp...

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Apple To Shutter 30 More US Stores Again Amid Pandemic
Apple To Shutter 30 More US Stores Again Amid Pandemic
July 02, 2020  |  Retail

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United...

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90 Days To A New World
90 Days To A New World
July 02, 2020  |  Coronavirus

Fear has been a key ingredient in some of the strangest episodes in human history, and the COVID-19 pandemic now joins that dubious list. PYMNTS’...

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Merchants Solving For Data Compliance
Merchants Solving For Data Compliance
July 02, 2020  |  Regulation

Driven by COVID-19 fears and stampeding online, consumers overwhelmed many businesses in 2020 that were unprepared for drastic, sudden eCommerce volume. That picture has brightened...

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