For American retailers, Halloween 2024 could end up being more trick than treat. As Bloomberg News reported Saturday (Oct. 12), Halloween consumption is expected to drop this year, the latest in a series of obstacles for stores dealing with rising expenses and cost-cutting consumers. The...
A relatively obscure corner of the banking sector is being thrust into the spotlight — and the Federal Deposit Insurance Corp. may change the ways in which industrial loan companies operate. In doing so, it may be the case that nonbanks, including FinTechs and especially retailers,...
After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa, Mastercard and millions of merchants has posted her 88-page opinion. The opinion comes almost a...
With buy now, pay later (BNPL) plans becoming increasingly accepted across merchant sectors, retailers are proving to be the payment method’s biggest champion. A PYMNTS Intelligence report, “Merchants’ Evolving Perspective on the Value of Card-Linked Pay Later Plans,” created in collaboration with Splitit, drew from...
July 02, 2024
After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa, Mastercard and millions of merchants has posted her 88-page opinion. The opinion comes almost a week after U.S, District Judge Margo K. Brodie indicated she […]
July 01, 2024
With buy now, pay later (BNPL) plans becoming increasingly accepted across merchant sectors, retailers are proving to be the payment method’s biggest champion. A PYMNTS Intelligence report, “Merchants’ Evolving Perspective...
May 15, 2024
Ninety-five percent of eCommerce merchants have either already started enhancing their anti-fraud resources or plan to do so before the year is out. That is one key takeaway from “Fraud...
March 01, 2024
Brands invest significant resources in merchandising, often relying on third-party interventions to ensure proper stocking and presentation of products in stores. To accomplish this, brand representatives are deployed to stores...
November 03, 2024
Franchise Group (FRG), owner of Vitamin Shoppe and Pet Supplies Plus, is filing for bankruptcy. The company announced a restructuring plan Sunday (Nov. 3), as well as plans to shutter one of its holdings, furniture chain American Freight. “Today’s announcement to de-lever our balance sheet is a pivotal step forward in enabling our market-leading businesses […]
October 13, 2024
For American retailers, Halloween 2024 could end up being more trick than treat. As Bloomberg News reported Saturday (Oct. 12), Halloween consumption is expected to drop this year, the latest...
June 25, 2024
Target is seeking a new head of marketing amid a spate of leadership changes. The retail giant’s current chief marketing officer, Lisa Roath, has been named Target’s new chief merchandising...
June 02, 2024
Lawmakers in California want to put some checks on the use of self-checkout. As a recent Wall Street Journal editorial noted, the state’s Senate has just passed a bill that...
