Amazon has now struggled to meet earnings expectations for two quarters in a row as eCommerce sales growth slows and the labor shortage adds additional costs, undermining the investments the Seattle-based company has made to create an efficient logistics network. Get the Full Story Complete...
As shortages of supplies and labor continue to plague businesses and retailers across the country, many small and medium-sized businesses (SMBs) are pushing an age-old message: come shop with us. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
South Korea’s online grocery startup Kurly is looking to go public in June of 2022, and estimates a value of $5.9 billion following its initial public offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The global semiconductor shortage is getting worse almost a year into the crisis, with longer wait times, increased hoarding by those who are lucky enough to score the chips and no end in sight, according to a report Friday (Oct. 29) in The Wall Street...
As we’ve learned through a series of studies this year, paycheck-to-paycheck living is more widespread than previously thought, including high earners and other consumers not traditionally associated with making ends meet. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Global footwear brand Skechers kept its 2021 momentum going with third-quarter sales of $1.55 billion for the three-month period that ended Sept. 30, up almost 20% from the same time a year ago, even as supply chain bottlenecks continue to suppress inventory. Get the Full...
Just as consumers grasped the appeal of contactless payments and other pandemic-era innovations, so too has the advertising industry — an unsettled sector in need of solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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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 form, you agree to receive marketing communications from PYMNTS and...