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...

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...

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...

B2B Payments
Firms With Manual AP Processing Miss Out on Early Payment Discounts 
November 14, 2022

The cost of maintaining the status quo just went up.  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...

Investments
Indian FinTech Lentra Nets $60M on $400M Valuation
November 14, 2022

India-based lending software provider Lentra has raised $60 million in a Series B funding round and said it will use the new capital to expand into international markets, make acquisitions and enhance its products.  Get the Full Story Complete the form to unlock this article...

Banking
Stash Adds Venture Investor Liza Landsman as Independent Board Member 
November 14, 2022

As it enters its next stage of growth, investing and banking app Stash has added eCommerce expert and venture investor Liza Landsman as an independent board member.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...