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7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” Louis, Missouri; and Tampa, Florida.

St. Louis 129
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Coinbase Faces Class-Action Suit Over Sales Of Ripple's XRP

PYMNTS

Securities and Exchange Commission filed a lawsuit against Ripple Labs and some of its executives, alleging the company illegally skirted laws by classifying its XRP cryptocurrency as a commodity rather than a security, a Missouri man has sued Coinbase over its role selling XRP.

Missouri 160
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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474
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Retail Pulse: Best Buy Strikes Out With Small-Format Stores (But Beats On Earnings)

PYMNTS

The Verge reported that Best Buy Mobile stores were only contributing around 1 percent of overall revenue, while gobbling up more in operational costs than their full-sized counterparts. Since being acquired by Amazon, Whole Foods has opened several Market 365 locations to sell its private-label goods. So, what went wrong for Best Buy?

Retail 100
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Another Maryland threat to bank partner model lending

CFPB Monitor

According to the factual allegations in the OCFR’s Charge Letter : The Bank offers in-store retail credit financing as well as store-branded credit cards to Maryland consumers. Atlanticus/Fortiva performs all of the collections, servicing, payment and remittance operations in connection with the accounts.

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Why Google Ditched Perishables

PYMNTS

It was less than a year ago — February, to be precise — that Google appeared as the latest player in an increasingly crowded food delivery market that was intent to make a move on grocery. markets up and into effect in Target’s home market of Minneapolis. That can’t always be other retailers’ business model.”.

Google 100
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Why Panera Does Its Own Delivery

PYMNTS

The journey to nationwide delivery was neither easy nor short for the Missouri-based soup, sandwich and bread chain. The problems were myriad: Operational complexities were much bigger than anticipated, and finding a stable of qualified delivery drivers ended up being tough. Hurst said Panera will always have physical locations.