SMBs And The Consumer Loyalty Challenge Worldwide
SMBs And The Consumer Loyalty Challenge Worldwide
June 02, 2021  |  SMBs

In theory, the pandemic period has done wonders to boost consumers’ connections to their local businesses worldwide. When PYMNTS, in cooperation with Pollinate, surveyed 4,519...

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Shippo Hits Unicorn Status With $50 Million More In Venture Funding
Shippo Hits Unicorn Status With $50 Million More In Venture Funding
June 02, 2021  |  Investments

Shipping platform Shippo said on Wednesday (June 2) that it has raised $50 million in new funding. The company said in a blog post that this...

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AMC Caters To Retail Shareholders With Promos, Perks And Free Popcorn
AMC Caters To Retail Shareholders With Promos, Perks And Free Popcorn
June 02, 2021  |  Retail

AMC Entertainment Holdings, which is among the so-called “meme stocks,” has launched a new communications program called AMC Investor Connect aimed at its “sizable retail...

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China’s Lottery Shows Increased Focus On CBDC For Retail
China’s Lottery Shows Increased Focus On CBDC For Retail
June 02, 2021  |  Cryptocurrency

To crowd out the cryptos, hand out the central bank digital currency (CBDC). To that end, China is ramping up pilots of its soon-to-be-widely deployed digital...

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Early Amazon Prime Day Will Trigger Competitors, Reduce Pressure On Black Friday
Early Amazon Prime Day Will Trigger Competitors, Reduce Pressure On Black Friday
June 02, 2021  |  Retail

The world’s worst-kept secret in retail was confirmed overnight, with Amazon announcing that it will hold its annual Prime Day sales event on June 21...

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Bed Bath & Beyond Introduces Three More Owned Brands
Bed Bath & Beyond Introduces Three More Owned Brands
June 02, 2021  |  Retail

Bed Bath & Beyond is introducing three more owned brands by mid-July, the company said in a Wednesday (June 2) press release. The new brands...

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Etsy Raises Stakes In Apparel Resale Segment With $1.6 Billion Acquisition Of Depop
Etsy Raises Stakes In Apparel Resale Segment With $1.6 Billion Acquisition Of Depop
June 02, 2021  |  Retail

Etsy, the self-titled “global marketplace for unique and creative goods,” is set to add secondhand clothing to that list, as the Brooklyn-based platform dives headfirst...

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Digital Transformations In The US And Abroad
Digital Transformations In The US And Abroad
June 02, 2021  |  Today In Data

Secondhand eShop Sellpy, which is majority-owned by H&M, will be expanding to additional European nations. In brick-and-mortar, a sizable share of America’s malls will close over the next few...

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Advance Auto Parts’ Net Sales Soar Amid ‘Strong Industry Backdrop’
Advance Auto Parts’ Net Sales Soar Amid ‘Strong Industry Backdrop’
June 02, 2021  |  Retail

Advance Auto Parts reported as part of its first quarter 2021 results that net sales surged by about 23 percent from the prior year, while...

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