News

Retail
AMZN vs. WMT Weekly: Labor Shortage Could Hold Retail Giants Back During Holidays
October 29, 2021

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...

Retail
SMBs Tout Local Shopping as Salve for Supply Chain Issues, but Concerns Still Loom
October 29, 2021

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...

IPO
Grocery Startup Kurly Seeks $5.9B Valuation After IPO
October 29, 2021

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...

Retail
No End in Sight for Global Chip Shortage
October 29, 2021

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...

Payment Methods
New Study: Mass Payment Preferences Emerge Among Paycheck-to-Paycheck Consumers
October 29, 2021

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...

Retail
Skechers Expects Supply Chain Constraints Into 2022
October 29, 2021

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...

B2B Payments
New Report: Advertising Firms Embracing Digital B2B Payments
October 29, 2021

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...

Banking
Deep Dive: How Banks Can Tap APIs To Meet Shifting Commercial Banking, Payment Expectations
October 29, 2021

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Payments Innovation
NEW DATA: Payments Automation Can Reduce Firms’ DSO by 22%
October 29, 2021

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...