Hobbies and habits picked up during quarantine continue to affect consumers’ cooking behavior, according to spices, seasonings and flavorings company McCormick & Company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As soaring inflation has many consumers anxious about their spending, Darden Restaurants, parent company of Olive Garden and Longhorn Steakhouse, among others, is leveraging its scale to price out smaller brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Twice as many electric vehicles (EVs) were sold in 2021 than in the previous year, so a lot of new owners and operators are learning how to live with EVs and keep them charged. Get the Full Story Complete the form to unlock this article...
Online B2B marketplace Xometry saw its revenue increase more than 54% last year after making its debut as a public company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Chinese eCommerce startup Pinduoduo, which is also China’s largest agriculture platform, reported a 3% increase in revenue for the fourth quarter and a 46% increase in gross merchandise value (GMV) for the full year of 2021 compared to the prior year. Get the Full Story...
As of January, FedEx Corp. has seen its volume of shipments grow to more than 110 million every day — more than 40 billion packages every year. The company has handled the surge thanks to planning for the growth several years ago, even though they...
Automotive eCommerce platform Shift has announced an acquisition that will accelerate its ability to build a digital marketplace that will enable dealers and independent sellers to list their used cars alongside Shift’s owned inventory. Get the Full Story Complete the form to unlock this article...
Consumers want online grocery options now even more than they did when they were stuck inside all day, or at least that is what the fourth-quarter 2021 results of membership-free wholesale eCommerce retailer Boxed suggest. Get the Full Story Complete the form to unlock this...
For payments firms — the ones that have put up astronomical top-line growth through the past few years — earnings season has offered variations on a theme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
