CarMax, the largest used car dealership chain in the U.S., is seeing a bright future, reporting record quarterly results amid the company’s push to expand its digital presence and a supply chain shortage for new cars that is pushing buyers into the secondhand vehicle market....
In case you hadn’t heard, Amazon and Walmart had some pretty big sales earlier this week — though consumers bought smaller items and overall spent slightly less than in previous years, at least from Amazon. Get the Full Story Complete the form to unlock this...
Nike remains bullish on the growth of its digital and direct-to-consumer (D2C) business, executives told investors Thursday (June 24), projecting that digital will account for 50 percent of the sports apparel company’s business by 2025. Get the Full Story Complete the form to unlock this...
Amid Canada Goose’s concentration on its HUMANATURE purpose-based platform, “relentless innovation” and “expanding lifestyle relevance,” the luxury outerwear brand plans to end the use of fur in all of its merchandise, according to an announcement. Get the Full Story Complete the form to unlock this...
Off-price retailer Five Below has expanded its collaboration with Instacart following a successful pilot launch with the logistics firm in December 2020, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As more corporations gain interest in embracing cryptocurrency, the logistics of having crypto on the books continue to stand in the way of supporting efforts to accept digital currency as payment — an increasingly attractive proposition for businesses and their customers. Get the Full Story...
Europe’s startup funding ecosystem is booming, with the latest data signaling a combined $60.9 billion in new investments for startups in the region in the first six months of 2021 — more than all of 2020 combined. That’s despite the number of investment deals coming...
The ability to switch banks seamlessly is necessary but often rare for small businesses. But with emerging FinTechs and neobanks driving competition in the small to medium-sized business (SMB) banking arena, fewer business owners are willing to settle for less than the type of financial...
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