News

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

Source: pymnts.com

J.Crew Won’t Be Last Retail Bankruptcy Amid Pandemic

J.Crew Won’t Be Last Retail Bankruptcy Amid Pandemic
J.Crew Won’t Be Last Retail Bankruptcy Amid Pandemic
May 04, 2020  |  Retail

J.Crew’s bankruptcy declaration on Monday (May 4) citing the devastating impact on sales by the coronavirus pandemic could be the first of a long line...

READ MORE >
US Power Grid Eyed As Latest Front In Cyberspace War
US Power Grid Eyed As Latest Front In Cyberspace War
May 04, 2020  |  Security & Fraud

In an age of what might be termed escalating geo-tensions, cyber is emerging as a new front of (possible) conflict. Get the Full Story Complete...

READ MORE >
Wirecard CEO Won’t Resign Despite Questions Raised By Audit
Wirecard CEO Won’t Resign Despite Questions Raised By Audit
May 04, 2020  |  Security & Fraud

Despite an audit that raised questions about operations at Wirecard, a publicly traded financial services provider based in Munich, its CEO has ignored calls to resign....

READ MORE >
Uber Eats Shuts Down In Several Markets
Uber Eats Shuts Down In Several Markets
May 04, 2020  |  Gig Economy

In eight countries, it appears that the parent company has decided Uber Eats fails to deliver the desired market clout. As a result, Uber is...

READ MORE >
SNAP Users Shut Out Of The Digital Grocery Aisles
SNAP Users Shut Out Of The Digital Grocery Aisles
May 04, 2020  |  eCommerce

While digital grocery had been a growing area of interest for consumers in a pre-COVID-19 world, the pandemic has sent it into overdrive. Looking at...

READ MORE >
New Shopify POS Merges In-Store And Online Sales
New Shopify POS Merges In-Store And Online Sales
May 04, 2020  |  eCommerce

Shopify is launching a “rebuilt and reimagined” omnichannel point-of-sale setup pitched to the COVID-19 era, calling it a POS that brings “in-person and online sales...

READ MORE >
Lamar Jackson Lights Up VR Gaming
Lamar Jackson Lights Up VR Gaming
May 04, 2020  |  Retail

Virtual reality maybe on the verge of its first retail hit. If Baltimore Ravens quarterback and last season’s NFL MVP Lamar Jackson has anything to...

READ MORE >
Limited Retail Reopenings Draw Curiosity, But Not Spending
Limited Retail Reopenings Draw Curiosity, But Not Spending
May 04, 2020  |  Retail

The great retail resettling is on. This past weekend and today (May 4) are the first tests of consumer behavior during the pandemic, as Simon...

READ MORE >
Strategy Rules: How To Play For The Pandemic
Strategy Rules: How To Play For The Pandemic
May 04, 2020  |  Retail

There is no playbook for a pandemic. It’s a truth repeated over and over in the press, from analysts and executives during the last week...

READ MORE >