News

Retail
Dollar Tree Makes Higher Price Point Permanent
November 23, 2021

Executives at Virginia-based discount retailer Dollar Tree said Tuesday (Nov. 23) that the majority of its merchandise will be sold for more than $1 by the end of April, a shift away from the approach that has been a cornerstone for over three decades. Get...

Retail
Tiffany Sees Gold in Iconic Supreme Silver Heart Necklace
November 23, 2021

In the early 2000s, the heart-shaped pendant sold by Tiffany & Co. was a must-have item for young girls — for a few hundred dollars, anyone could have access to the Tiffany blue box experience, from celebrities to recent graduates. Get the Full Story Complete...

Retail
WatchBox Set for Global Growth With $165M Funding Round
November 23, 2021

Online luxury watch retailer WatchBox on Tuesday (Nov. 23) announced it had closed a $165 million fundraising round for equity capital that it plans to use to scale its digital platform, expand into new geographic markets and boost its inventory.  Get the Full Story Complete...

Retail
Dick’s Sporting Goods’ Focus on Experiential Retail Boosts Q3 Sales
November 23, 2021

Dick’s Sporting Goods spent the early part of 2021 focusing on experiential retail and bringing products to consumers in new ways, as shoppers returned in higher numbers to stores when the spread of COVID-19 began to slow down and more people were vaccinated against the...

B2B Payments
B2B Spend Management Startup Payhawk Closes $112M Series B
November 23, 2021

B2B spend management startup Payhawk closed a $112 million Series B all equity round, the biggest Series B in Central and Eastern Europe for a B2B company, and comes just seven months after a $20 million Series A. Get the Full Story Complete the form...

Retail
Best Buy Pins Future Sales On HealthTech, Virtual Stores
November 23, 2021

Small-format locations, outlets, virtual stores and an increased presence in the healthcare category are among the initiatives that Best Buy executives say will carry the electronics retailer into the future and help connect with consumers. Get the Full Story Complete the form to unlock this...

Retail
Walmart’s Loyalty Program Walmart+ Struggles to Grow Paid Membership
November 23, 2021

After over a year of offering consumers free delivery, discounted prescription drugs and other benefits, the growth of Walmart+ remains in neutral, with nearly 1 in 10 consumers who have access to the service getting it through a free trial. Get the Full Story Complete...

Merchant Innovation
Thirstie Debuts Branded Gift Cards for Liquor Industry
November 23, 2021

White-label eCommerce firm Thirstie is launching gift cards for liquor brands, the first offering of its kind in the U.S., according to a press release emailed to PYMNTS on Tuesday (Nov. 23). Get the Full Story Complete the form to unlock this article and enjoy...

Fintech Investments
Venture Funding Chases FinTech Focus on Payments Last Mile, Compliance
November 23, 2021

The conventional wisdom in payments holds that over the past few years, everything has changed. 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,...