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Retail
Best Buy Says Customers Lack Urgency But Are Hungry for Joy 
November 22, 2022

Fighting a highly promotional environment for consumer electronics, Best Buy sees holiday shopping patterns this year returning to some pre-pandemic norms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Dollar Tree Says Customers Respond to Lower Food Prices and Cleaner Stores
November 22, 2022

After being jeered for raising its long-standing $1 price point strategy a year ago, Dollar Tree said Tuesday (Nov. 22) that the change is working, and that the retailer is planning to add more $3 and $5 items to its fleet of 16,000 stores. Get the Full...

Retail
American Eagle Boosts Profit With Inventory and Logistics Improvements
November 22, 2022

Right-sizing inventory, reducing costs and scaling its new logistics services business paid off for American Eagle Outfitters (AEO) during the third quarter, the company said Tuesday (Nov. 22) in its quarterly earnings release. Get the Full Story Complete the form to unlock this article and...

Retail
Dick’s Sees Sales Climb in ‘Transformational’ Q3
November 22, 2022

Dick’s Sporting Goods’ continued efforts to redefine itself through its experiential, omnichannel offerings appears to have paid off during its third quarter, with the retailer seeing a 6.5% increase in sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

eCommerce
56% of Consumers Say Storing Payment Info With Retailers Improves Checkout
November 22, 2022

Manually entering credit card information for each online purchase is such a source of friction and irritation that more than half of consumers are setting their security concerns aside and choosing to store their payment credentials with retailers. Get the Full Story Complete the form...

Retail
‘Fashion Newness’ Helps Drive Record Sales for Urban Outfitters
November 22, 2022

Urban Outfitters is heading into the holiday shopping season enjoying record sales, primarily driven by shoppers at its Anthropologie and Free People brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Featurespace Looks to Tackle $2T Money Laundering Wave
November 22, 2022

Anticipating a wave of fraud tied to a global recession in 2023, financial crime prevention firm Featurespace says it is building an artificial intelligence (AI) system to help banks and payments service providers (PSPs) detect financial crime. Get the Full Story Complete the form to...

B2B Payments
As RTP Turns 5, Matching Experience to Expectation Is the Challenge
November 22, 2022

The customer experience encompasses all of the touch points that customers take advantage of when interacting with a company’s employees, assets or operations — including and especially the payment experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payments Innovation
Why ‘Every Single Business’ Will Soon Be Using Embedded Payments
November 22, 2022

Embedded finance — where financial products and payments pop up in any number of consumers’ daily activities — is now an expectation, a “need to have” for banks and enterprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...