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Lowe’s To Open Four Online Shopping Fulfillment Hubs

PYMNTS

said in an announcement that it intends to open four online shopping fulfillment centers, seven bulk distribution hubs and 50 cross dock delivery terminals over the year and a half to come. The home improvement retailer said it would open the West Coast online shopping fulfillment center this October in Mira Loma, California.

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PSCU’s Lumin Enables Digital Payments For TN Credit Union

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The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. The new platform should be available to First South Financial customers in June of 2020.

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Echelon Pulls In $65 Million In Funding As ‘Connected’ Fitness Takes Off

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Echelon Fitness of Tennessee has raised $65 million in funding as the internet-connected fitness company takes advantage of pandemic-fueled growth. Echelon said it offers online classes with everything from “heart-pounding, high-intensity workouts, to calming yoga,” covering fitness needs at all levels.

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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

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Group Seeks to Block Maryland Online Advertising Tax. At issue is the eCommerce retailer’s parallel responsibility to third-party merchants as an online shopping ecosystem and to itself as a competitor on the platform with rival products. Maryland legislators ratified the tax earlier in 2020, but Gov.

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Retail Pulse: Wayfair Opens Mall Store; Banana Republic Unveils Style Passport

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Online furniture retailers are stepping further into the world of physical retail with permanent brick-and-mortar stores. Retail furniture is no stranger to the brick-and-mortar world. The retailer is looking to roll out the offering to U.S. In Other Brick-and-Mortar News.

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Retail Labor Shortage Concerns Deepening

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A good economy is good news for retailers in a variety of regards. But for retailers going into the holiday season 2016, a good economy is creating yet another headwind for physical retailers who’ve spent much of the year being buffeted constantly by market pressures. Employment, according to the latest figures, hit 4.9

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How To Make Online Sports Gaming A Sure Bet For Payments, State Governments

PYMNTS

Against that backdrop, considering the speed at which states are accepting online sports betting (and the strength of the dollars flowing into the space), legalized gambling via mobile seems a sure wager. Several other states have online gambling legislation in the works. The Technology Component.

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