News

Retail
Tight Holiday Sales Outlook Heightens Demand to Reduce Retail Returns
November 15, 2022

At a time when retailers are competing aggressively on price to drive sagging sales, the need to limit returns via virtual try-on tools and tougher sales policies is expected to rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Walmart Says Inventory is Down and $100K+ Shoppers Are Up
November 15, 2022

The country’s largest retail chain said Tuesday that its efforts to reduce inventory were paying off thanks in part to an increase in customers seeking price relief in the face of high inflation — especially more affluent households.  Get the Full Story Complete the form...

Regulation
The Bahamas Appoints Liquidators for FTX
November 15, 2022

The Securities Commission of the Bahamas — the country in which now-bankrupt cryptocurrency exchange FTX is headquartered — has announced the appointment of liquidators for the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Strong Home Improvement Demand Powers Home Depot’s Q3
November 15, 2022

Despite inflation, supply chain snags and a tight labor market, Home Depot enjoyed an increase in sales in its third quarter due to continued demand for home improvement projects. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Autonation Looks to Boost Digital Reach With Stake in TrueCar
November 15, 2022

Aiming to collaborate on the development of new digital tools, automotive retailer AutoNation has acquired a 6.1% minority ownership stake in automotive digital marketplace TrueCar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Amazon Expands Virtual Healthcare With Clinics in 32 States
November 15, 2022

Amazon is deepening its healthcare offerings with the launch of Amazon Clinic, a virtual care service that offers treatment for common health ailments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Social Commerce
YouTube Will Delve Deeper Into Social Commerce
November 15, 2022

YouTube will deepen its investment in shopping programs next year as the video platform looks to capture a growing social selling market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Merchant Innovation
GlassesUSA Aims for D2C Disruption Through Customer Clarity
November 15, 2022

In the highly competitive online eyeglasses sector, the ability to predict the experiences consumers want can make all the difference.  Whether that comes from surfacing the right products with the help of digital tools, targeting the right promo to be competitive on price, or striking...

Financial Inclusion
Is Diversity Equity and Inclusion Making FinTechs Stronger?
November 15, 2022

In what began as a recognition of workplace imbalances and inequities, diversity, equity and inclusion (DE&I) efforts are now evolving into a way of strengthening companies with a broad chorus of voices that add measurable value to the business. Get the Full Story Complete the...