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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

For small businesses, expansion is key, and expansion needs capital. The company has said that it is the first bank in Puerto Rico to offer digital services, ranging from business credit cards to working capital loans to SBA loans.

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Retail Bankruptcy Tracker: Claire’s And Grocers Throw In The Towel

PYMNTS

As sad as the end of Toys R Us may be, the iconic toy store is far from the only retailer struggling these days — and it’s not the only one throwing in the towel this week. The beloved, bankrupt retailer has announced the cancellation of all in-store events, such as its annual Easter Egg Hunt and Geoffrey the Giraffe birthday parties.

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Costco Wholesale Broadens Online Selection Amid eCommerce Growth

PYMNTS

Amid growth in its eCommerce sales and online selections, Costco Wholesale Corporation beat analysts’ estimates for earnings , but fell short on top-line revenues for the second quarter. For buy-online-pick-up-in-store, Galanti said Costco has expanded its selection within categories such as handbags, electronics and jewelry.

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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year.

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mPOS – Not Just For Retail Anymore

PYMNTS

Miller, who’s a general contractor and the owner-operator of The Screen Depot, based out of Boynton Beach, Florida, found dealing with out-of-state client payments to be a hassle for both parties. It’s helped us grow exponentially because of being able to work for people who are not in state,” he said. mPOS has made the difference. .

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Amazon, Walmart And Target Woo All Channel Consumers With Delivery, New Payment Options

PYMNTS

At the time, the retailer said it would leverage its stores and Shipt’s proprietary technology platform and community of shoppers to bring same-day delivery to Target customers around the country. But not all retailers are moving as fast as Target. In fact, retailers, overall, only saw a 37.9 But some retailers lead the pack.

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Same-Day Services Soar In Mixed Q4 For Target

PYMNTS

The retailer saw a 20 percent uptick in online sales during Q4 – a less impressive bump than the 31 percent growth it reported both during the previous quarter and during Q4 of 2019. Additionally, Target has expanded its buy online, pick up in-store (BOPIS) offerings as well as its curbside grocery pick-up locations.