On this year’s National Returns Day (Jan. 5), more than 1.3 million packages were shipped back to retailers, with a total of 5.8 million slated to find their way back sometime this week. That’s up nearly 30 percent from 1 million packages on last year’s National...
The New Year is here — and we have high hopes that 2017 will keep us even more glued to the edges of our collective seats than 2016 did. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Macy’s announced that it will close down another 68 stores and cut an additional 6,200 jobs following disappointing holiday sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In 2017, Starbucks is planning to expand its store footprint 8 percent over the course of the next nine months and grow worldwide sales about 5 percent. With a growing presence, Starbucks could see revenue expand in the double digits and earnings per share increase...
According to Nielsen, last year was a big year for digital, including new devices, new apps and the market for virtual reality (VR) devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Paytm, the mobile wallet provider in India, is gearing up to bring on board 5 million merchants — more than tripling its current merchant customer count of 1.5 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Apple has officially outperformed Samsung in holiday sales this year. 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...
It’s that time of year again — now that all the holiday gifts are opened, the returns start rolling in. Some 10 percent of all holiday purchases are returned, a percentage that often triples when it comes to purchases made online. Holiday sales, excluding autos,...
Holiday spending is now projected to hit more than $1 trillion — yes, with a T—a nearly 4 percent increase over last year. The average adult is expected to spend more than $400 this holiday season on gifts. And while some people are more generous than...
