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‘Organized Retail Crime’ Is Growing (And Not Just Because Of The Pandemic)

PYMNTS

Organized crime rings are taking advantage of the pandemic, looser police enforcement and a softening in anti-shoplifting laws to swipe tons of merchandise from retail stores and warehouses across the United States. KPIX-TV reported that the shop proudly advertised on Facebook Marketplace that customers “never pay retail.”.

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California Dreamin’ (Of A Higher Minimum Wage)

PYMNTS

The news out of California on Monday (March 28) that Governor Jerry Brown, state lawmakers and labor leaders have reached an agreement to raise the state’s minimum wage to $15 an hour has the country buzzing. an hour on Jan. 1, 2017, then to $11 an hour one year later and will see annual increases of $1 until reaching $15 an hour on Jan.

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Apple Pay Gets Support From Target, Taco Bell, Other Retailers

PYMNTS

In a press release , the Cupertino, California iPhone maker said that with the addition of the national retailers, 74 of the leading 100 merchants in the U.S. and 65 percent of retail locations around the U.S. Other major retailers that now support Apple Pay include Costco and CVS Pharmacy. support Apple Pay.

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NRF: More Than Half Of Retailers Received Rent Relief Amid COVID-19

PYMNTS

Retail sales have seen very modest year-over-year gains since June, but many brick-and-mortar operations continue to suffer amid the pandemic. PJ SOLOMON , the New York global investment financial services company, and the National Retail Federation (NRF), the world’s largest retail trade association, announced on Thursday (Sept.

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California settles with point-of-sale lender Afterpay

Payments Source

The Australian firm agreed to pay around $1 million in connection with allegations that it broke the law by operating without a license in the nation's largest state.

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Retailers Look To Bid On Toys R Us Stores

PYMNTS

With several Toys R Us stores on the auction block, several national retailers have shown an interest in the embattled toy retailer’s brick-and-mortar locations. Other retailers interested in the locations include Ashley Furniture and Food Bazaar. Just under 60 “qualified bids” are under consideration, CNBC reported.

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Pop-Up Retail Gets A Pop Of Fresh Energy

PYMNTS

But we want to take a few minutes to talk about pop-up shops, and how those temporary but often lucrative retail efforts are shaping commerce — and being shaped by payments — and what could be coming next. Even so, the company has certainly not given up on physical retail. Riding Retail Trends. Pop-Up Costs.

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