Rent the Runway, a web-retailer that allows women to rent designer clothing at affordable prices, has reportedly raised $60 million in venture capital. This pushes the firm’s overall valuation to between $500 million and $600 million and brings its total lifetime corporate fund-raising to $116...
Deck the halls, light the menorah, prepare the feast of karamu, shop ’til you drop, then ring in the new year. Wait, something is missing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Apple Pay could pose a significant threat to PayPal’s current dominance in digital payments, according to a report by investment company ITG, which says Apple Pay was responsible for 1 percent of digital payment dollars in November — but half of Apple Pay use was...
More than two-thirds of Americans wear sweats or pajamas while shopping online or on mobile devices. How do we know this? Because PayPal asked, according to eCommerceBytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Almost one in every six holiday shoppers waits until the last minute to do their gift buying, according to a new survey by location-based promotion service Retale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The end is near! Well at least in terms of holiday retail is concerned. As the sun rises on Panic aka Super Saturday, American consumers can be split almost evenly into two groups – those who can congratulate themselves on having already completed their Christmas...
PYMNTS.com Bitcoin Price and Volatility index. 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, you agree to...
A study to be released Friday (Dec. 19) shows that mobile interactions are soaring, but that’s not entirely a good thing. The report, from Bain & Co., also shows that digital-only customers are less loyal, less engaged and purchase fewer products. Looks like those branches...
Unveiling a series of proposed new virtual currency regulations for New York state—which will likely be copied by other states and potentially federal regulators as well—Benjamin M. Lawsky, the superintendent of the New York State Department Of Financial Services, said that virtual currency startups need...
