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Retail Foot Traffic Dips As COVID Cases Rise

PYMNTS

Up until then, retail levels were improving somewhat since the all-time low in April while the country was on lockdown. But customers have begun retreating from retail for the second time due to the increase in cases. The spikes in cases have been particularly noteworthy in Florida and Texas. The other 37, plus Washington D.C.,

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Using Debit Cards To Bridge The Stimulus Accessibility Gap

PYMNTS

The offering is especially useful for clients delivering FI-branded debit cards to their freelancers, enabling these firms to disburse payments onto the cards via automated clearing house (ACH) or instant payment rails and thus ensure rapid payouts. Download the Tracker to read more. About The Tracker.

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How Charitable Giving Boosts Online BNPL Sales, Customer Engagement

PYMNTS

Retailers are not just looking to donate a percentage of profits to a charity or cause, either, but are also seeing it as a way to foster customer engagement. Donating to a variety of charitable causes can expand customer reach for retailer engagement. Consumers now are socially conscious and holding brands accountable,” he said. “I

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Under Armour Names Amazon Exec New CMO

PYMNTS

Under Armour has announced that Andy Donkin, who served as Amazon’s head of worldwide and mass brand marketing for the past four years, will serve as the sports apparel retailer’s new chief marketing officer. He will now oversee Under Armour ’s global marketing campaigns. Donkin will start on Aug. 22, according to Forbes. percent.

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Mastercard And BJ’s To Offer A ‘Priceless’ Boston Experience

PYMNTS

The credit card company and retail wholesaler announced on Tuesday (Aug. 2) that they are running a contest to reward shoppers who pay with Mastercard credit, debit or prepaid cards at BJ’s locations in Rhode Island, New Hampshire, Maine and Massachusetts. The prize? Maripi Jalandoni, EVP of U.S. ”

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The Journey Of The Stroopwafel To Starbucks’ Shelves

PYMNTS

Stroopwafels were available on every corner in his home city of Amsterdam, but were more or less unheard of in Providence, Rhode Island — which meant no matter how many he brought back with him, they were always devoured in short order by his American friends.

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. New Frontiers in Retail Tech. How will we shop in 2020?

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