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The Strange Spending Trends Around Sales Tax Holidays

PYMNTS

According to the National Retail Federation , as of last year parents entered August with about 45 percent of their back-to-school shopping done. Retailers have reason to want to tap into it because back-to-school shopping is an incredibly valuable run of commerce activity. How Tax Holidays Work. That spend is big spend.

Taxes 101
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Retail Chains Find New Ways To Fight

PYMNTS

It’s a good time to be a retail chain. Retail Ascent. Retail is on the ascent. In July, retail sales increased 0.5 Economists had only forecasted retail sales going up 0.1 percent, online and mail-order retail sales increased 0.8 Retailer Woes. Not every retailer is experiencing good times, of course.

Retail 100
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Does Apple Pay Growth Signal Contactless Transit Boost?

PYMNTS

Apple Pay is now live in 24 markets worldwide with over 4,900 bank partners, and we look forward to adding Germany later this year,” he said, adding that recent retail deals involving eBay, CVS and 7-Eleven promise to make the payments tool attractive to more consumers. Chicago View. Contactless Reality. transit systems.

Apple 101
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What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., billion refundable tax credit is reportedly based on the “percentage of salaries Amazon expects to pay employees over the next decade, or $48K per job for 25K jobs.”

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Sigma aims to streamline business operations. Braintree , a Chicago-based payment infrastructure company founded in 2007, aimed to replace the traditional model where merchants used different providers for a payment gateway and a merchant account. Virtual card issuance. Business lending and corporate cards. Empowering developers.

Online 98
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The Gap Sets Out Digital-First Strategy

PYMNTS

The Nike retailing model has shown itself again as The Gap announced Thursday that it will close underperforming stores, focus on the digital-first economy and exit its mall locations. As Macy’s CFO Felicia Williams told a retail conference in September: “Our intention is to change the composition of our store base.

Strategy 150
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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. But this was a huge endorsement of FIS’ core modernization strategy, of Code Connect as an emerging API superstar, and of Commercial Express as a proof point that next gen cores aren’t just for retail banking.

Fintech 147