News

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

Source: pymnts.com

US Personal Income Down, Spending Up In June

US Personal Income Down, Spending Up In June
US Personal Income Down, Spending Up In June
July 31, 2020  |  Economy

Disposable personal income fell by 1.4 percent in June to $255 billion while personal spending increased $738 billion, a nearly 6 percent rise, according to the...

READ MORE >
Whole Paycheck Tracker: Amazon Goes Off The Charts; Walmart Announces Layoffs
Whole Paycheck Tracker: Amazon Goes Off The Charts; Walmart Announces Layoffs
July 31, 2020  |  Retail

If Amazon and Walmart are fighting for the consumer’s whole paycheck, this week’s battle went to Amazon. Decisively, in fact. Get the Full Story Complete...

READ MORE >
New Approaches To Payroll And Retail Delivery
New Approaches To Payroll And Retail Delivery
July 31, 2020  |  Today In Data

The digital shift has been more seismic than subtle for companies such as logistics firm Shipt, which has seen a massive business spike even in the context of the...

READ MORE >
AI Takes The Measure Of Fashion Retailing
AI Takes The Measure Of Fashion Retailing
July 31, 2020  |  Retail

Iconic Vogue magazine editor Diana Vreeland once said, “Fashion is part of the daily air and it changes all the time.” Artificial intelligence (AI) is...

READ MORE >
Neiman Marcus Nears End Of Bankruptcy
Neiman Marcus Nears End Of Bankruptcy
July 31, 2020  |  Retail

Neiman Marcus could exit Chapter 11 in time for holiday shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena
Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena
July 31, 2020  |  Retail

Authentic Brands Group (ABG), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group, the recently bankrupt parent firm...

READ MORE >
Deep Dive: Credit Unions Respond To The Threat Of Digital-First Challenger Banks
Deep Dive: Credit Unions Respond To The Threat Of Digital-First Challenger Banks
July 31, 2020  |  Credit Unions

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 >
US Lawmakers Seek Investigation Of Zoom And TikTok’s China Ties
US Lawmakers Seek Investigation Of Zoom And TikTok’s China Ties
July 31, 2020  |  Cybersecurity

Two members of Congress asked the U.S. Department of Justice (DOJ) Thursday (July 30) to investigate Zoom Video Communications Inc., the video technology company, and...

READ MORE >