The pandemic continues to put usual business operations on unsteady ground across several industries, bringing about disastrous financial effects. Small to medium-sized businesses (SMBs) are especially grappling...
OPay, the SoftBank-backed African eCommerce and payments company, has suspended its Nigerian operation, citing the coronavirus pandemic and also a government ban, Bloomberg reports. Get...
Almost 3,600 businesses filed for Chapter 11 bankruptcy in the first half of 2020, marking a rise of 26 percent, The Wall Street Journal reported....
As it starts to consider the holiday season in the age of social distancing, Macy’s Chairman and CEO Jeff Gennette noted on a recent call with analysts...
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...
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...
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’...
Venmo will introduce a new feature for businesses to accept payments separate from the individual owner’s account, a press release says. Get the Full Story...