News

Retail
Vaccine Rollout Prompts CPG Brands To Look Toward Away-From-Home Offerings
April 30, 2021

As newly vaccinated consumers return to activities enjoyed in pre-pandemic life, brands that have struggled through the last 13 months have an opportunity to re-establish themselves, while those that have boomed will be challenged to find ways to make these changes stick in years to...

IPO
Banking And PropTech Firms Get IPO Traction
April 30, 2021

The latest edition of the ongoing SPAC/IPO Tracker finds that traditional listings held sway in the past week. 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...

News
Today In Payments: Amazon Q1 Profits Triple; Mastercard Says Domestic Spend At Pre-Pandemic Levels
April 30, 2021

In today’s top news, Amazon reported record profit in its first-quarter earnings, and Mastercard’s quarterly earnings showed a continued surge in debit spending. Plus, PayPal users can now link their wallets to Coinbase to purchase cryptocurrency. Get the Full Story Complete the form to unlock...

Retail
Stimulus Checks And eCommerce Lift Kidswear Retailer Carter’s Q1 Results And Full Year Outlook
April 30, 2021

Carter’s, the largest children’s clothing retailer in North America, said Friday (April 30) it saw growth in each of its retail, wholesale, and international business segments as stimulus checks and progress with COVID vaccines got kids back to school and people shopping again. Get the...

Retail
AMZN vs. WMT Weekly: Growth Rates, Subscriber Wars And In-Home Groceries
April 30, 2021

In a week filled with hundreds of different earnings reports, none drew more attention than the lead-up and aftermath of Amazon’s first-quarter results, which broke records on a trailing basis but stoked concerns on the guidance front, as the company said its sales growth rate...

Retail
From Candles To Cookware, Newell Sees Improving Consumer Demand, Raises Outlook
April 30, 2021

At a time when consumers are increasingly heading outdoors and back to work again, consumer products giant Newell Brands said demand for its home, cooking and stationery products remains strong with no slowdown in sight. Get the Full Story Complete the form to unlock this...

Retail
Goodyear’s Sales Rise Amid Strong Consumer Replacement Business
April 30, 2021

The Goodyear Tire & Rubber Company reported as part of its financial results that sales climbed to $3.5 billion in the first quarter of 2021, according to a Friday (April 30) announcement. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Deriving Value From Procure-To-Pay Beyond Early Payment Discounts
April 30, 2021

As a department designed around the need to spend company cash, procurement is not always considered a value-added function of the enterprise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Brex Leads A Busy Week In B2B FinTech Funding
April 30, 2021

Corporate card startup Brex made headlines this week with its funding round that propelled its valuation to $7.4 billion. It was certainly the largest deal of the week, but with more than $836 million in new investments for the B2B FinTech community, it was far...