The secondhand market continues to boom, as resale platforms Poshmark and thredUP reported in separate earnings announcements on Tuesday (Aug. 10), with both companies doubling down on investments in their platforms in an attempt to gain the upper hand. Get the Full Story Complete the...
Digital luxury watch marketplace Chrono24 announced on Wednesday (Aug. 11) that it has raised more than 100 million euro ($118 million) in a Series C round, in an effort led by General Atlantic with participation from Aglaé Ventures. Get the Full Story Complete the form...
With continuing labor shortages, tangled supply chains, increased costs and renewed concerns about COVID-19 because of the Delta variant, it would be easy to assume that retailers’ optimism about the second half of the year is misplaced. But pent-up consumer savings and the new expanded...
Much has been written about buy now, pay later (BNPL) in recent months, and for good reason. Major payments players are stepping in, including Visa, Mastercard and Discover; and last week, Square announced plans to acquire Afterpay for $29 billion. Get the Full Story Complete...
Canada Goose’s eCommerce operation continues to grow, with a jump of more than 80 percent in the first quarter of its 2022 fiscal year after a triple-digit leap in the previous three months. Get the Full Story Complete the form to unlock this article and...
The 12th edition of PYMNTS’ ongoing study series Delivering on Restaurant Rewards, a Paytronix collaboration, begins with a thought that all restaurant operators should internalize with urgency: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Already under investigation over its acquisition of alcohol delivery service Drizly, Uber once again is on the radar of the Federal Trade Commission (FTC) for its partnership deal with delivery platform Gopuff, according to The Information, citing a document it reviewed and two sources. Get...
Despite continuing discussion and concern around the issues of delayed and late B2B payments, small suppliers continue to struggle with managing cash flow and promoting growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Collaboration is the name of the game in this week’s Commercial Card Innovation roundup as industry players enhance their existing solutions with integrated card capabilities. Plus, new card-based products step into the scene targeting payroll, business travel spend and more. Get the Full Story Complete...
