News

Investments
QR Code Payment Provider Netstars Secures $60 Million Funding
April 14, 2021

Japanese QR code payment gateway provider Netstars Co. has completed a $60 million (6.6 billion yen) funding round, the company announced Wednesday (April 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Social Commerce
Facebook Romances The Super App With New Dating Platform
April 14, 2021

Facebook is aiming to help users make a love connection with a new dating app called Sparked. The experimental app will allow users to enroll with their Facebook profiles. According to reports, Facebook is positioning the free platform as “video dating with kind people.” Get...

Delivery
US Demand For Trucking Fuels Pay Increases For Drivers
April 14, 2021

As the U.S. emerges from the COVID-19 crisis, a surge in truck traffic has shippers boosting drivers’ pay. 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...

Retail
As Bed Bath & Beyond’s 3-Year Transformation Plan Progresses, Investors Get Antsy
April 14, 2021

By most measures it has been an extraordinary year for Bed Bath & Beyond, as the operator of more than 1,000 stores and a half dozen branded websites scrambled early on to adapt to COVID stores closures, then hustled to adapt to changing consumer habits...

Retail
Big Money Pours Into Makeup Business Amid ‘Roaring 20s’ Rebound
April 14, 2021

When the head of the world’s largest fragrance and cosmetics company said two months ago that L’Oréal was counting on a post-pandemic euphoria rally that would resemble the “roaring 20s,” some cynics may have snickered, while other believers seem to have taken note. Get the...

Retail
1847 Goedeker, Appliances Connection Post Triple-Digit Order Growth
April 14, 2021

Appliance and furniture eCommerce retailer 1847 Goedeker and Appliances Connection posted “strong order growth” in March, according to a Wednesday (April 14) announcement. Appliances Connection is under a definitive deal to be purchased by 1847 Goedeker, the news release stated. Get the Full Story Complete...

Retail
Value Retailer Citi Trends’ Sales Surge Fueled By Customer Loyalty, Stimulus Funds
April 14, 2021

Citi Trends, Inc., a value retailer of clothing, accessories and home trends that has nearly 600 stores throughout the country, said that its total sales for the first quarter, through April 3, 2021, soared by 77.2 percent in contrast to the same timeframe in 2020,...

Retail
Salesforce Survey Of 1 Billion Digital Consumers Says Online Habits Are Here To Stay
April 14, 2021

A new survey of 1 billion shoppers from 40 countries released Wednesday (April 14) shows that the digital gains retailers have experienced during the pandemic extended their growth into the first quarter of 2021. Get the Full Story Complete the form to unlock this article...

B2B Payments
Deep Dive: How B2B Firms Are Confronting Increased Security Threats As Work Goes Remote
April 14, 2021

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