News

Retail
Restaurants Lead 8.1% Rise in Retail Sales in November
December 09, 2022

Consumers spent more in the restaurant, fuel and convenience, and grocery sectors in November. 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...

IPO
Indian eCommerce Firm Snapdeal Halts Planned IPO 
December 09, 2022

Indian eCommerce retailer Snapdeal has reportedly halted its planned initial public offering (IPO).  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...

Security & Fraud
Ransomware Groups Target Public Companies and Healthcare 
December 09, 2022

Fake medical documents and fabricated “evidence” are two new schemes being deployed by ransomware groups. 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
RH Sales Slide as High-End Retailer Rejects Promotions
December 09, 2022

In a declining market for home furnishings, RH is targeting upscale buyers.  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...

Retail
Amazon and Walmart Add Tech to Boost Buying and Fulfillment
December 09, 2022

Amazon and Walmart are hoping new tech will make the holidays a little less difficult. While no one thought 2022’s busy season was ever going to be easy, the embrace and use of new digital processes — in stores, websites and warehouses — by the...

Retail
Chewy Says Pet Owners Want Convenient Delivery of Essential Items
December 09, 2022

Pet owners are paring back on nonessentials but boosting their purchases of the basics. 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
Black Friday Marked ‘Biggest Day Ever’ for Lululemon’s Revenue
December 09, 2022

Athleisure retailer Lululemon Athletica reported earnings on Thursday with a positive look at its eCommerce expansion. 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...

Security & Fraud
Young Digital Natives Getting Scammed Online in High Numbers
December 09, 2022

New government data shows digital natives are falling for some online scams more than elders. 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
Costco’s Record Black Friday Not Enough to Stem eCommerce Slump 
December 09, 2022

Costco’s strong membership and renewals were not enough to offset a slump in digital sales. 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,...