August 09, 2023
Omnichannel Is a Merchant Priority and Fraudster Opportunity
The embrace of omnichannel commerce as the pandemic recedes has brought a “new normal” for merchants, Adam Gunther, senior vice president and chief product officer at Kount, an Equifax Company,...
August 07, 2023
As on-Site Dining Dwindles, QSRs Pivot to Meet Customers at...
Home is where the heart is — the car, too, at least when it comes to burgers and fries. To that end, as The Wall Street Journal reported Monday (Aug....
August 07, 2023
Moët and Petco Tap Into Shop-In-Shops to Spark Champagne and...
Amid the swiftly evolving retail environment, marked by economic fluctuations like inflation and restricted consumer expenditure, the concept of shop-in-shop experiences has emerged as a favored tactic for brands aiming...
August 04, 2023
Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
The original venture backers of Canadian eCommerce lender Clearco are reportedly buying a loan made to the company by Silicon Valley Bank (SVB). Inovia Capital and Founders Circle Capital, joined by the still operating venture capital arm of...
August 04, 2023
Strategic Mergers Help Credit Unions Survive — and Thrive —...
Credit unions have long occupied a specific market niche within the financial industry. CUs favor more personalized and member-focused services than their bank counterparts but typically operate on a much...
August 04, 2023
Receipt-Level Data Keeps Brands From Flying Blind, Says Chipotle’s Loyalty...
Chipotle’s experience through the pandemic mirrored that of other merchants, Jason Scoggins, senior director of loyalty and CRM, told PYMNTS. “We saw minimal foot traffic, but our digital customers really...
August 02, 2023
Global Travel Propels MGM Resorts’ Q2 Revenue
MGM Resorts reported Wednesday (Aug. 2) a second-quarter revenue of $3.94 billion, representing a 21% year-over-year increase. The company also beat Wall Street’s consensus estimate of $3.82 billion, with earnings...
August 02, 2023
Simon Property Banks on Strong Tenant Demand, Increasing Occupancy
Simon Property Group (SPG), the largest mall owner and developer in the U.S., posted strong second quarter (Q2) results on Wednesday (Aug. 2) amid headwinds from higher interest expenses. “Our...
August 02, 2023
Amazon Revamps Grocery Business to Compete With Walmart and Kroger
Amazon is reportedly overhauling its grocery operations to compete on that front with rival Walmart. Changes on tap include updated stores, a warehouse automation pilot and offering fresh food delivery to non-Prime...
