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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.

Retail 142
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Hurricane Florence’s Retail Punch

PYMNTS

Though not expected to be as damaging as the hurricane run that ripped through Texas, Florida and Puerto Rico last year, Hurricane Florence is expected to deal $700 million worth of net negative impact on the U.S. A bad one — bad enough, in fact, to be this week’s biggest fizzle. in West Chester, Pennsylvania, said in reference to Florence.

Retail 135
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HSBC’s Banking Robot Debuts In Miami

PYMNTS

In a press release , HSBC said Pepper is being deployed in a retail branch in Miami, marking the first time Pepper has been deployed in Florida. Our customers in South Florida will have a chance to experience an entirely new way of banking thanks to Pepper. and Canada, said in the press release.

Miami 108
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Fraudsters And The Retail Identity Crisis

PYMNTS

Most of those gains, however, were lost later in the day following Mastercard’s separate announcement of a potential regulatory fine from the European Commission over its inter-regional interchange fees. billion Mastercard and Maestro-branded cards worldwide. directly to their debit cards. directly to their debit cards.

Retail 112
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Tapping Into 120 Million Traveling Wallets

PYMNTS

You’re a retailer, beset by the twin problems of brick-and-mortar and fickle U.S. Picture 625 million wallets, ready to open for the right retail experience. Many of these retailers, he said, did not perform as well as might have been expected on Black Friday or even Cyber Monday. consumer spending. as well.”. “If

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In Search Of The Next-Gen AR/VR Retail/Payments Experience

PYMNTS

While many in the Greater Boston area stayed indoors to keep clear of the arctic chill that had descended upon the region, eight teams hunkered down in offices in the middle of the Financial District with another goal in mind: reimagining the retail and payments experience using AR/VR technologies.

Retail 101
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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

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. Verticals within the SMB realm that may be receptive to online lending, he said, include manufacturing and retail.