This year found many of the world’s young people living their lives online in ways they might never have dreamed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
This week, the world celebrated the ignominious anniversary of the COVID-19 pandemic period being declared a global pandemic by the World Health Organization. While it is not quite accurate to hold out March 11, 2020 as the day everything officially changed, it was the point...
The last year has been enormously transformative for restaurants. As COVID restrictions and economic fluctuations ate away at traditional revenue sources, the industry took a serious hit. However, the year has also showcased the ingenuity of restaurants, as technological and operational changes were adopted with...
Japanese eCommerce and technology giant Rakuten is hoping to notch $2.2 billion with the issuance of new shares to Walmart, Tencent and Japan Post, the company said in a press release on Friday (March 12). Get the Full Story Complete the form to unlock this article...
After closing the books on her most challenging year ever with better than expected earnings, Ulta Beauty CEO Mary Dillon told investors that she was also closing the books on her career leading the largest chain of beauty and cosmetics stores in the country. Get...
A short but optimistic 100-word “unscheduled trading update” issued by British designer and retailer Burberry on Friday (March 12) gave a lift to the company, as well as the broader luxury segment. Get the Full Story Complete the form to unlock this article and enjoy...
Kirkland’s Inc., which runs more than 370 stores in 35 states, reported as part of its financial results that comparable sales climbed 1.8 percent, including eCommerce growth of 35.5 percent, for the fourth quarter of 2020, according to a Friday (March 12) announcement. Get the...
Mid-priced casual retail chain The Buckle, Inc. posted an 18 percent increase in same-store sales Friday (March 12), led by an 81.5 percent increase in its online business that accounted for about one-fifth of the total, according to an announcement. Get the Full Story Complete the...
Increased regulatory scrutiny has prompted the CEO of China’s Ant Group to step down and also spurred the company to develop financial self-discipline rules, Reuters reported on Friday (March 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
