News

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

(source: pymnts.com)

Indian Vendors Association Files Antitrust Charges Against Amazon
Indian Vendors Association Files Antitrust Charges Against Amazon
August 26, 2020  |  ANTITRUST

Amazon continues to wind up under the scrutiny of regulators worldwide. The online behemoth now faces renewed complaints in India. Reuters reports that the All...

READ MORE >
For China, Digital Yuan Sprinting Toward Olympics?
For China, Digital Yuan Sprinting Toward Olympics?
August 26, 2020  |  International

Let the digital currency games begin. When it comes to central bank digital currencies (CBDCs), there is a wide gulf between concept and reality, between...

READ MORE >
Positive Developments In Cinemas, Logistics And AP Automation
Positive Developments In Cinemas, Logistics And AP Automation
August 26, 2020  |  Today In Data

Artificial intelligence (AI) and robotic process automation (RPA) could pave the way to better accounts payable (AP). In logistics, robots could make digital commerce much more efficient, while in...

READ MORE >
Nordstrom, JCPenney See Continued Revenue Struggles
Nordstrom, JCPenney See Continued Revenue Struggles
August 26, 2020  |  Retail

The department store sector is in the middle of another tough week, as Nordstrom filed disappointing earnings on Tuesday (Aug. 25) and JCPenney investors look...

READ MORE >
Cosmetics Branding Company FORMA Brands Heads Straight For Gen Z
Cosmetics Branding Company FORMA Brands Heads Straight For Gen Z
August 26, 2020  |  Retail

It’s not the optimal time to be a makeup brand. Reasons to apply any kind of cosmetics have dwindled with the work-from-home/eat-at-home conditions caused by...

READ MORE >
Tech Reboots For Back-To-School Sales
Tech Reboots For Back-To-School Sales
August 26, 2020  |  Retail

The category that will make or break the back-to-school season this year is showing signs of life. Electronics — which has been the foundation of...

READ MORE >
Dick’s Sporting Goods’ Digital Sales Surge 194 Pct
Dick’s Sporting Goods’ Digital Sales Surge 194 Pct
August 26, 2020  |  Retail

Dick’s Sporting Goods Inc. reported on Wednesday (Aug. 26) that its eCommerce sales jumped 194 percent during Q2, with the inclusion of curbside contactless pickup,...

READ MORE >
Amazon To Reportedly Roll Out Luxury Brand Platform
Amazon To Reportedly Roll Out Luxury Brand Platform
August 26, 2020  |  Amazon Commerce

In what could be its newest venture in the retail fashion sector, Amazon is reportedly progressing with intentions to roll out a luxury brand platform...

READ MORE >
Digital-First Banking Isn’t Touchy-Feely
Digital-First Banking Isn’t Touchy-Feely
August 26, 2020  |  Digital-First Banking

“Haphephobia” is the fear of being touched, or of touching other things. Safe to say most people are now familiar with some form of this...

READ MORE >