Retail industry

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


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.


California settles with point-of-sale lender Afterpay


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.


Retail industry upheaval poses challenges for Alliance Data


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


Synchrony looks beyond the store-branded card for growth


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.


Capital One set to launch Walmart credit cards next week


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


Mall landlords weigh becoming lenders to blunt retail crash


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.


One key to success: Destigmatizing failure


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


Peril and promise in lending to retailers


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.