News

Retail
Retailers Rethink Strategies as Consumer Spending Sinks
March 16, 2023

January’s consumer spending numbers have turned out to be a temporary reprieve, as customers continue to cut back. 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...

Retail
SVB Collapse May Be the Final Nail in Boxed’s Coffin
March 16, 2023

Boxed may file for bankruptcy as the SVB collapse exacerbates existing economic challenges. 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...

Investments
Tamara Secures Debt Financing to Expand BNPL in GCC Region
March 16, 2023

Tamara has secured $150 million in debt financing for its shopping and payments platform. 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...

Retail
Klarna and Clarity AI Promote Sustainability Achievements by Electronics Brands
March 16, 2023

Klarna and Clarity AI have teamed up to provide environmental impact information to consumers who have purchased electronics. 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...

Faster Payments
FedNow Scheduled to Launch In July
March 16, 2023

The Federal Reserve has a launch date for its long-awaited payments service FedNow. 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....

Retail
Glossier Partners with Sephora, Makes Changes to Leadership Team
March 16, 2023

Glossier has made some changes to its leadership team and its business model that includes offering products in Sephora stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

CFPB
CFPB Goes After Data Brokers
March 16, 2023

The Consumer Financial Protection Bureau (CFPB) has begun an investigation into companies that track and collect consumer data. 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...

Retail
StoryStream Taps Into Video Commerce Trend With Live Shopping Tool
March 16, 2023

Visual commerce platform StoryStream is tapping into a growing consumer demand for live video shopping. 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,...

Retail
Five Below Courts High Earners With Five Beyond
March 16, 2023

Specialty discount store Five Below is looking to appeal to a new demographic of customers with its Five Beyond concept, which sells items priced above $5 but “still below the rest,” according to the company website. Get the Full Story Complete the form to unlock...