Zippin announced Thursday (Sept. 2) it has raised $30 million in Series B funding, bringing its overall total to more than $45 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
When finding deals online at a lower cost than in-store, it could mean eCommerce sellers are peddling stolen goods, according to a Thursday (Sept. 2) report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Both Amazon and Walmart have seen their shares of the clothing and apparel category slowly slip for two quarters in a row, as consumers have begun returning to more stylish and trendy retailers that they favored prior to the pandemic in order to refresh their...
The platform economy is taking shape around the globe — it has wheels, you might say. To that end, Cazoo, the U.K.-based online platform focused on buying and selling cars, went public at the end of last week on the NYSE, having completed its business combination...
American Eagle Outfitters saw its revenue jump 35% to a company-record $1.19 billion in the second quarter of fiscal 2021, up $311 million from Q2 of 2020, riding higher full-priced sales, reduced promotions and controlled costs to a three-month peak for the company. Get the...
Five Below added 34 new stores across 19 states in the second quarter amid growth in sales, as millennials and bridge millennials struggle to pay bills despite healthy paychecks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Kirkland’s, Inc., struggled in the second quarter of fiscal 2021, watching net sales and comparable sales dip, but the company remains confident it has the infrastructure in place to achieve its long-term financial goals. Get the Full Story Complete the form to unlock this article...
Unfair market practices are at the center of a new crackdown on ride-hailing companies in China, with the country’s Ministry of Transport and other watchdogs ordering 11 app-driven platforms to halt unfair practices, the Associated Press and other news outlets reported on Thursday (Sept. 2)....
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