Today In Payments: Bitcoin Falls After Tesla Stops Taking Crypto; LendingClub Teams With FinTron For Mobile Banking
Today In Payments: Bitcoin Falls After Tesla Stops Taking Crypto; LendingClub Teams With FinTron For...
May 13, 2021  |  News

In today’s top news, bitcoin fell after Elon Musk said Tesla will no longer take cryptocurrency as a payment form, and LendingClub is partnering with...

READ MORE >
Walmart Buys Virtual Try-On Firm Zeekit In ‘Game-Changer’ For AI In Fashion
Walmart Buys Virtual Try-On Firm Zeekit In ‘Game-Changer’ For AI In Fashion
May 13, 2021  |  Retail

In the face of rising online sales and increased social commerce, Walmart said on Thursday (May 13) that it will acquire virtual fitting room firm...

READ MORE >
Alibaba Eyes New Markets After Topping 1 Billion Users And $1.2 Trillion Worth Of Goods
Alibaba Eyes New Markets After Topping 1 Billion Users And $1.2 Trillion Worth Of Goods
May 13, 2021  |  Retail

Chinese eCommerce giant Alibaba said it plans to seek growth in new international markets after closing the books on a record year that saw it...

READ MORE >
Apparel Resale Platforms See Pent-Up Consumer Demand For Refreshed Wardrobes
Apparel Resale Platforms See Pent-Up Consumer Demand For Refreshed Wardrobes
May 13, 2021  |  Retail

The surging secondhand clothing resale business got a double dose of optimism from two separate reCommerce platforms on Wednesday (May 12), as both Poshmark and...

READ MORE >
Obstacles And Opportunities In Retail
Obstacles And Opportunities In Retail
May 13, 2021  |  Today In Data

Celebrity-backed The Honest Company made its trading debut on the Nasdaq last week, but shares in the company have declined for a number of days. In retail trends, the...

READ MORE >
Canada Goose’s Sales Surge, With Triple-Digit eCommerce Growth
Canada Goose’s Sales Surge, With Triple-Digit eCommerce Growth
May 13, 2021  |  Retail

Canada Goose, a performance luxury apparel maker, reported that total revenue surged by roughly 48 percent from $140.9 million in Q4 fiscal 2020, reaching $208.8...

READ MORE >
US Senators Want Regulators To Crack Down On Travel Scams
US Senators Want Regulators To Crack Down On Travel Scams
May 13, 2021  |  Regulation

With pandemic scams on the rise, two U.S. senators are calling on the Federal Trade Commission (FTC) to increase the agency’s efforts to protect consumers...

READ MORE >
New Jobless Claims Tumble Again, Beating Expectations
New Jobless Claims Tumble Again, Beating Expectations
May 13, 2021  |  Economy

Initial jobless claims tumbled to 473,000, beating expectations and marking a new record low from the pandemic’s historic highs.  Get the Full Story Complete the...

READ MORE >
YETI Reports Soaring Net Sales And Raises 2021 Forecast
YETI Reports Soaring Net Sales And Raises 2021 Forecast
May 13, 2021  |  Retail

YETI reported that net sales jumped by roughly 42 percent to $247.6 million in the three months ended April 3, 2021 from $174.4 million in...

READ MORE >