Just days after Amazon’s latest round of record earnings results, as well as a new PYMNTS prediction that its sales growth will outpace Walmart’s by a 3-to-1 margin over the next five years, the dominant online retailer is starting to home in on Prime Day...
After more than a year of lockdowns and COVID-related lifestyle restrictions, consumers’ pent-up demand and desire to play again could be seen in a trio of sports-related forecasts Friday (May 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
eCommerce shipping provider Stamps.com reported as part of its financial results that total revenue surged 25 percent from $151.3 million in Q1 2020 to $189.1 million in Q1 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Spectrum Brands, whose portfolio includes brands like Repel, George Foreman and Kwikset, reported that net sales climbed 22.6 percent for the second quarter of fiscal 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In the surge of eCommerce lies a double-edged sword. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
In today’s top retail news, Sally Beauty reported that its second-quarter consolidated same-store sales increased by 6.5 percent, while Wayfair reported that its total revenue surged by nearly 50 percent year over year. Plus, a new economic analysis indicates that consumers are eager to spend....
As newly vaccinated consumers return to restaurants for dine-in experiences, grocery sales remain elevated, but growth is slowing. In a news release on Monday (May 3), Publix announced that sales for the first quarter of 2021 totaled $11.7 billion, a 3.9 percent increase year over...
If earnings season has a common theme, beyond the verticals – it doesn’t matter if it’s been the payment networks, the ride-hailing firms or the retailers – it’s that the consumer has been resilient. And also, they’re venturing outside their homes more, which means they’ll...
Macy’s has partnered with buy now, pay later (BNPL) firm Klarna to exclusively offer its “Pay in 4” solution across all Macy’s brands and websites, Klarna announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
