The 2021 initial public offering (IPO) season is off to a fast start for the payments and commerce business, including an expected filing next week from reCommerce platform Poshmark. The closely-watched filing should list sometime before the end of the month, according to reports, and...
In today’s top retail news, Walgreens is growing its financial services offering with the help of Mastercard and Synchrony, while Big Lots, Inc. said it has seen quarter-to-date comp sales grow by roughly 7.5 percent. Plus, Target reported that comparable digital sales increased by over...
Struggling or shuttered shopping malls are sometimes redeveloped into medical buildings, multifamily residences and even Amazon distribution centers, but some are finding new life as headquarters or campuses for major corporations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
General Motors is launching a new division called BrightDrop to offer what the automaker describes as an entire “ecosystem” of software, services, electric trucks and other equipment to provide shippers with eco-friendly first- to last-mile delivery. Get the Full Story Complete the form to unlock...
Target reported Wednesday (Jan. 13) that comparable digital sales more than doubled during the holiday period, while in-store sales also surprisingly grew despite the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Big Lots, Inc. said on Wednesday (Jan. 13) that it had experienced a roughly 7.5 percent comparable sales rise on a quarter-to-date basis, showing double-digit comps in all categories of products besides seasonal, which dropped by a mid-teen percentage, and food, which increased by a...
Amid its continuing commitment to provide healthcare offerings and benefits to shoppers, Walgreens is growing its financial services offering with the help of Synchrony and Mastercard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Toshiba Global Commerce Solutions unveiled its ELERA unified commerce platform that will let merchants operate without the bounds of traditional retail IT infrastructures, according to a Wednesday (Jan. 13) announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and...
As COVID has battered the economy and changed the way merchants do business, the time has come for them to analyze their clients and customers to see if recouping some or all of their transactional costs makes sense. Get the Full Story Complete the form...
