Retail industry

Amid doom and gloom, retail credit card issuer predicts quick recovery

03/25/20

Alliance Data Systems, which has substantial exposure to the mall-based retail sector, sought Tuesday to assuage investors' fears about the impact of the COVID-19 outbreak.

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California settles with point-of-sale lender Afterpay

03/17/20

The Australian firm agreed to pay around $1 million in connection with allegations that it broke the law by operating without a license in the nation's largest state.

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Retail industry upheaval poses challenges for Alliance Data

03/04/20

The Ohio credit card issuer is seeking to rebound following a tumultuous year in which top executives departed and key retail partners declared bankruptcy.

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Synchrony looks beyond the store-branded card for growth

10/21/19

The credit card lender responded to the closing of Toys R Us stores last year by issuing Synchrony-branded cards to the retailer's customers. Now it's testing a general-purpose card with a wider array of clients.

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Capital One set to launch Walmart credit cards next week

09/18/19

The launch of the products comes more than a year after Capital One wrested the Walmart partnership from Synchrony Financial.

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Mall landlords weigh becoming lenders to blunt retail crash

08/07/19

Mall landlords accustomed to offering rent reductions to ailing retailers are mulling a new strategy to forestall the industry's collapse: positioning themselves as lenders to tenants struggling to stay afloat.

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One key to success: Destigmatizing failure

06/06/19

As banks seek to innovate, executives should accept that ignorance and mistakes are part of the process.

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Peril and promise in lending to retailers

03/05/19

Brick-and-mortar retail isn’t dead yet. Though the trend of retailers closing stores in the face of stiff competition from e-merchants is certainly troubling to commercial real estate lenders, it would be a mistake to conclude that all retail loans are risky. Here's a look at which ones are the safest and, potentially, the scariest.

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