News

Retail
AMZN vs WMT Weekly: With Q4 Results Out, Fight Over Food, Delivery, Digital Resumes
February 18, 2022

Last year, Q4 eCommerce sales at Walmart US grew 69%. This year, they rose just 1%. Although CEO Doug McMillon told investors Thursday (Feb 17) that Walmart was an “increasingly digital” omnichannel business, this stalled eCommerce sales progress in the face of myriad changes and...

Retail
7 Months After Privatization, At Home Group Begins to Open New Locations
February 18, 2022

At Home, a home décor superstore, is opening six new locations this month, bringing its total store count to 241, according to a Thursday (Feb. 17) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Retailer and Consumer Shift to Open-Air Malls Will Continue Past Pandemic
February 18, 2022

One of the country’s leading retail landlords says tenants and customers are returning to more of the activities they were doing before the COVID-19 pandemic began ripping around the world almost two years ago — including shopping. Get the Full Story Complete the form to...

Regulation
FTC Rules Seek Redress for Victims of Sham Schemes
February 18, 2022

New rules proposed by the Federal Trade Commission would seek redress for victims of sham money-making schemes and impose steep fines against violators, including multilevel marketers, for-profit colleges and gig economy platforms. Get the Full Story Complete the form to unlock this article and enjoy...

Faster Payments
Embedding Payouts Into Payments Flows Key to Consumer’s Real Time Money Mobility Experience
February 18, 2022

The move to embed payments into all manner of customer experiences — be that on platforms, through disbursements, or even via cryptocurrencies — is a process that demands collaboration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
FinTechIPO™ Index: Game Changers of Financial Services Could Be In For Volatile Ride
February 18, 2022

We tend to think of the stock market with a bit of mental shorthand. 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
Allbirds, Trove Team on ‘ReRun’ Resale Platform
February 17, 2022

Allbirds, an eco-friendly clothing and shoe brand, debuted its Allbirds ReRun resale platform Thursday (Feb. 17), a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
India’s DealShare Hits $1.7B Valuation After $210M Funding Round
February 17, 2022

DealShare, an Indian social commerce platform, has raised $210 million in Series E funding, according to a report Thursday (Feb. 17) from The Economic Times of India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Mobile Payments
GoDaddy App to Offer Mobile QR Code Payments
February 17, 2022

GoDaddy is offering a way to streamline payments for small businesses, both in eCommerce and in person, through QR codes for on-the-go transactions, a press release said Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...