More people enjoyed weddings, social gatherings and increased travel during the first quarter of fiscal year 2022, leading to a record active subscriber count for Rent the Runway in the three months through April 30, according to a company press release. Get the Full Story...
Artificial intelligence (AI)-powered personal styling site Stitch Fix continues to struggle to retain existing customers and captivate new ones, leading the company to slash about 4% of its workforce during the third quarter of fiscal year 2022, the company said in a company press release....
The U.K. will start live testing crypto blockchain technology in financial markets activities such as trading and settlement as part of the drive to become a global “crypto hub,” the finance ministry said on Tuesday (June 7) in an event in London. Get the Full...
After a year of sparse shelves, rampant out-of-stocks and a strained holiday season that saw seasonal sales pulled back to Halloween, it is understandable that the nation’s leading retailers would want to load up on merchandise early to not be caught short. Get the Full...
Earlier this week, Senators Lummis and Gillibrand introduced new legislation to regulate the crypto space, and most of the headlines focused on the “win” for the Commodity Futures Trading Commission (CFTC) over the Securities and Exchange Commission (SEC). If the bill is approved in its...
Today is Friday, June 10, and banks are happy that people are finally using credit cards again and letting the balances rack up interest. But with record-high inflation, gas at $5 per gallon, and runaway prices for food, housing and just about everything, it could...
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In the misty years between 2008 and 2013 or so, as the mobile internet was bringing change to every part of our lives, it was a kind of Mesozoic business era, bridging old and new worlds. Get the Full Story Complete the form to unlock...
As social commerce evolves into a serious contender, eCommerce and social media platforms are partnering to create new online experiences where entertainment triggers a sale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
