Editor’s Picks

Grubhub Grows Active Diners By 24 Pct

Grubhub Grows Active Diners By 24 Pct
Grubhub Grows Active Diners By 24 Pct
May 06, 2020  |  Earnings

Amid a rise in orders and an increase in customers fueled by the coronavirus pandemic, Grubhub reported a 24 percent year-over-year increase in active diners...

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SBA Still Clearing Up PPP Loan Confusion
SBA Still Clearing Up PPP Loan Confusion
May 06, 2020  |  Loans

It’s a fact that it’s a lot of money, but disbursing hundreds of billions of dollars for the Payroll Protection Program (PPP) has been overly...

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Are Gap’s Face Masks The Start Of Retail Reinvention?
Are Gap’s Face Masks The Start Of Retail Reinvention?
May 06, 2020  |  Retail

Retail must, and will, change following the coronavirus, with consumer behavior shifting from brick-and-mortar to eCommerce and merchants making adjustments to their inventory selections and...

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Facebook’s Libra Association Hires Its First CEO
Facebook’s Libra Association Hires Its First CEO
May 06, 2020  |  Personnel

The group founded by Facebook to launch the social media company’s entry into digital currency has named a former U.S. Treasury Department executive as its...

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NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
May 06, 2020  |  Loans

The Paycheck Protection Program (PPP) was intended to extend forgivable loans to businesses struggling to pay workers and stay afloat amid the coronavirus pandemic. Instead,...

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Two Men Charged In First US Case Of PPP Stimulus Fraud
Two Men Charged In First US Case Of PPP Stimulus Fraud
May 06, 2020  |  Cybersecurity

Two men were charged in Rhode Island with fraudulently seeking loans through the Paycheck Protection Program (PPP), the U.S. Department of Justice said in a...

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Nordstrom And Lord & Taylor Dampen Retail Reopening Plans
Nordstrom And Lord & Taylor Dampen Retail Reopening Plans
May 06, 2020  |  Retail

The retail reopenings underway hit a few roadblocks on Wednesday (May 6), as Nordstrom’s, L Brands and Lord & Taylor all checked in with bad...

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New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
May 06, 2020  |  Retail

As the coronavirus pandemic speeds up consumers’ transitions to online shopping, Shopify reported that new stores created on the platform jumped 62 percent from March...

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