Peloton, the maker of upscale fitness equipment and workout programs, said Thursday (May 6) its connected fitness subscribers rose 135 percent to a record 2 million users despite being embroiled in an ongoing government-mandated safety recall of its two treadmill products. Get the Full Story...
Just days after Amazon’s latest round of record earnings results, as well as a new PYMNTS prediction that its sales growth will outpace Walmart’s by a 3-to-1 margin over the next five years, the dominant online retailer is starting to home in on Prime Day...
After more than a year of lockdowns and COVID-related lifestyle restrictions, consumers’ pent-up demand and desire to play again could be seen in a trio of sports-related forecasts Friday (May 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
eCommerce shipping provider Stamps.com reported as part of its financial results that total revenue surged 25 percent from $151.3 million in Q1 2020 to $189.1 million in Q1 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Spectrum Brands, whose portfolio includes brands like Repel, George Foreman and Kwikset, reported that net sales climbed 22.6 percent for the second quarter of fiscal 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Consumers can drift along in a happy sort of haze, extending trust to brands that appeal, and enjoying a loose but very real connection — until a company lets data get stolen. New PYMNTS research indicates that merchants are more on the hook for data...
Payroll has, perhaps to the surprise of some, emerged as a popular focus of B2B FinTech innovators looking to disrupt the way companies manage funds and issue payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
After several weeks of B2B FinTech funding activity, the market has cooled a bit with about $220 million in total investment for the sector. Saudi Arabia’s B2B eCommerce sector enjoyed a fundraising boost, while in the U.S., the digitization of SMBs drove VCs to welcome...
Supply chain disruptions and major swings in customer buying behavior drove organizations of all kinds to suddenly shift their business models amid the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...