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Macy’s Bolsters Omnichannel Tech, Taps Into Subscriptions

PYMNTS

Moving deeper into the quarter, inventory became a mounting problem due to a combination of factors, including a miss on key women’s sportswear private brands, a slow sell-through of warm-weather apparel and accelerated decline in the international tourism business. He noted that the second quarter got off to a slow start.

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Retail Pulse: The Price Must Be Right

PYMNTS

Brands like TJX , Macy’s , craft and fabric retailer Joann , and Walmart ’s ModCloth are trying on smaller-format, off-brand and off-price destinations with features and experiences tailored for the digital-first generation. It does seem, however, that a focus on affordability is a core driver of new retail strategies for brands.

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In The Park. At A Kiosk. Using Digital Payments. Buying $1.6K Designer Jewelry.

PYMNTS

In response, unattended retail operators are finding new ways to embrace alternative payment methods, ranging from mobile wallets to cryptocurrencies. The company recently signed a deal to bring a dozen such kiosks to Columbus, Ohio, and is currently experimenting with the acceptance of cryptocurrency.

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Can Lime Make Consumers Feel Safer About Scooters And Bikes?

PYMNTS

Scooters are so retro that they are almost brand new. 7) interview that the effort could help bring a larger sense of comfort and familiarity to this growing part of the mobility ecosystem. Lime will send out “brand ambassadors” to do community outreach and distribute 250,000 helmets over the coming months.

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Say Bye-Bye To MCX CurrentC

PYMNTS

Today, the mobile payments field has been reduced by one. A statement released by MCX CEO Brian Mooney late yesterday (May 16), via their PR rep, said that MCX and its CurrentC mobile payments product is folding its tent. But not enough apparently to continue to fund and ignite the ill-fated mobile payments scheme.

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Hard Knocks Edition: MCX, EMV And Square

PYMNTS

A statement released by MCX CEO Brian Mooney on May 16, via a PR rep, said that MCX is delaying a nationwide rollout of its CurrentC mobile payments product. As MCX has said many times, the mobile payments space is just beginning to take shape; it is early in a long game. MCX’s owner-members remain committed to our future.”

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

Though Amazon Go was initially advertised to the world as a cash-free, cashierless convenience store where payments are powered entirely by mobile, reports this week indicated that cash may have a home in its Go stores after all. cities: Asheville, Charlottesville, Columbia, Lexington, Little Rock, Manchester, Mobile, Naples and Savannah.

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