At a time when more consumers are living paycheck to paycheck and belt-tightening is putting a dent on discretionary spending, Amazon is looking to tap into the resilience of high-end consumers by expanding its 2-year-old Luxury division to the five wealthiest nations in Europe. Get...
Small business working capital startup Factris secured 10 million euros in funding from NN Investment Partners, a Goldman Sachs-owned asset manager. 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...
An increase in social events and travel and the rise of more casual workplaces spelled good news this quarter for Oxford Industries, parent company of lifestyle brands Tommy Bahama and Lilly Pulitzer. Get the Full Story Complete the form to unlock this article and enjoy...
The Consumer Financial Protection Bureau (CFPB) on Wednesday (June 8) issued an order to terminate Upstart Network from its list of approved “no action letters” (NALs). Surprisingly, the request to terminate the NAL didn’t come from the regulator but from the company, and it may...
Sandwiched between aggressive, deep discount rivals like Dollar Tree, Dollar General and Ollie’s on one side, and increasingly cash-strapped consumers on the other, Philly-based Five Below says it is forging ahead with its “Triple-Double” growth plan that will triple its store count to 3,500 while...
Walmart has made its selections for its Open Call, its largest sourcing event, the company announced in a Wednesday (June 8) news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
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Given the amount of data subscription services generate, the biggest challenge for a chief financial officer (CFO) is getting the data, reporting it and identifying actionable insights that can be shared with business partners. Get the Full Story Complete the form to unlock this article...
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