A common theme in recent earnings calls involving The Home Depot, Lowe’s and Target has been the “cautious consumer” as shoppers are becoming more selective about their spending, often waiting for the right moment to make a purchase rather than buying impulsively. Get the Full Story...
With cautious consumers making forecasting more difficult, Target on Tuesday (March 4) announced a plan to increase revenue by $15 billion over the next five years, a goal that underscores the company’s strategic push to deepen customer engagement through its physical stores and digital platforms....
Best Buy said Tuesday (March 4) that the U.S. tariffs on China that went into effect Feb. 4 could have a negative impact of about one point of comparable sales if they remain in place for a full year. Get the Full Story Complete the...
Paysafe says it is looking to its digital wallet business as a growth driver for the coming 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...
Artificial intelligence (AI) is at the core of ThredUp’s strategy, driving growth and improving customer engagement. New customer volume rose 32% year over year, according to CEO and Co-Founder James Reinhart, and AI has played a pivotal role. Get the Full Story Complete the form...
Ongoing financial pressure has forced many consumers to live paycheck-to-paycheck, prompting retailers to adjust their strategies to meet the demands of cost-conscious shoppers. With inflation continuing to outpace income growth, PYMNTS Intelligence data shows 67% of U.S. consumers are living paycheck-to-paycheck. Get the Full Story...
Venture capital investors once claimed that FinTech was eating the world, but now it appears that artificial intelligence (AI) is eating FinTech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Under the leadership of new CEO Wendy Barnes, GoodRx is preparing for growth in 2025, aiming to address the challenges of rising prescription costs and limited access to medications. By integrating eCommerce with digital prescriptions and expanding the company’s Integrated Savings Program (ISP), Barnes believes...
Payoneer is enjoying a boom in its B2B business along with its highest-ever volumes. 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...
