Uber Eats pivots to grocery delivery, Banks poised for SBA loan windfall, Restaurant operators on life after COVID-19

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

April 1, 2020

Retail

How Neiman Marcus Got Into The Medical Mask-Making Business

With their shops shuttered and plenty of fabrics and tailors between them, Neiman Marcus and Jo-Ann Stores have teamed up to make CDC-approved masks and gowns. Willis Weirich, Neiman Marcus’ senior vice president of supply chain and group operations, tells Karen Webster how it literally came together in just a matter of a few days.

 

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Credit Union Tracker

Senate Federal CEO On Protecting Member Trust During Digital Overhauls

Digital overhauls can help boost credit unions’ online presences, but member data must be fiercely guarded during this transformation. In this month’s Credit Union Tracker, PYMNTS speaks with Timothy Anderson, CEO of United States Senate Federal Credit Union, about how the firm works to keep the data of U.S. senators and their families secure while enabling access to digital banking services.

 

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Food Supply Chains

FoodMaven On Food Distributors' Pivot To B2C

As restaurants close and consumers rush, en masse, to the grocery stores, getting food to where it’s needed is a pressing challenge. Ben Deda, CEO of online marketplace FoodMaven, tells PYMNTS how new tech is helping supply chains flex — and pivot — to feed individuals and families in this time of need.

 

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B2B eCommerce

Market Volatility Gives B2C Sellers’ The Chance To Go B2B

Ad-hoc procurement is often inefficient, but in times of market volatility, the ability to quickly make emergency purchases is vital to maintaining operational flow. MSTS President Brandon Spear tells Karen Webster that this challenge opens up a big opportunity for B2C merchants to expand their business model into B2B commerce and ease the friction of supply chain volatility.

 

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Virtual Event: Restaurants on Lockdown

Restaurant Operators On Life Before, During And After COVID-19

Under the best circumstances, restaurants are a low margin, high challenge world to operate in — and the last few weeks have not been best of times. Karen Webster sat down with Paytronix CEO Andrew Robbins; Bamboo Asia CEO Sebastiaan Van De Rijt; Malibu Poke CEO Jon Alexis; and Zoku Sushi CEO Andrew Yi to talk about the reset happening today — and what it will mean for them — and restaurants in a post-COVID-19 world.

 

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