In spite of its postage-themed name, California-based Stamps.com accepted a $6.6 billion all-cash offer Friday (July 9) from private equity giant Thoma Bravo, in a deal that, at $330 per share, marks a nearly 70 percent price premium and an enormous bet on the future...
Warehouse club operator PriceSmart, which runs 47 locations in 12 nations and one U.S. territory, said that total revenues for its third quarter increased by approximately 12 percent to about $895 million. Get the Full Story Complete the form to unlock this article and enjoy...
Warby Parker is looking to grow its brick-and-mortar presence before a possible initial public offering (IPO). An additional three dozen locations for the direct-to-consumer (DTC) eyewear brand will open by 2021’s conclusion, Bloomberg reported, citing the company. Get the Full Story Complete the form to...
Levi Strauss recorded better-than-expected revenue and profit in the second quarter, buoyed by accelerated omnichannel and eCommerce capabilities alongside consumer demand for refreshed wardrobes post-pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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Investors are diversifying their B2B FinTech targets this week as startups operating in the B2B eCommerce and alternative business lending arena secured funding. Commercial card innovation earned the spotlight, however, thanks to new funding for fleet cards, corporate cards for online content creators and a...
There are dozens of FinTech platforms on the market today targeting small- to medium-sized businesses (SMBs), and the list of solutions designed to help entrepreneurs manage money continues to grow longer. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
“The criminals are always opportunistic.” 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...
There’s a reason why paper checks have stuck around for multifamily property management companies for so long, and it’s not just because the platforms they use to collect payment from renters have hardly seen in upgrade in the past few decades. Get the Full Story...
