News

Retail
Body-Shaping D2C Maëlys Sees Sales Jump On Surging eCommerce And BNPL Option
March 02, 2021

For a company that was launched in 2017 and has steadily built a loyal customer base for its body-shaping creams and lotions among new moms and 25-35 year old millennials, nothing can compare to the growth Maëlys has experienced over the past year. Get the...

Regulation
Beijing Demands More Consumer Data From Jack Ma’s Ant Group
March 02, 2021

Although Jack Ma agreed to turn over Ant Group’s customer financial data, the People’s Bank of China (PBoC) and Beijing regulators are not satisfied with the quality of what’s been submitted, the Financial Times (FT) reported on Tuesday (Mar. 2), citing sources. Get the Full...

Retail
eBay Targets Female ‘Sneakerheads’ In Today’s Red-Hot Shoe Trend
March 02, 2021

You may not be a “sneakerhead” — or even know what one is — but chances are you caught wind of the attention that Vice President Kamala Harris received when she stepped out at a campaign event in a black pair of Converse “Chuck Taylor”...

Retail
Kohl’s Digital Sales Temper Broader Revenue Decline
March 02, 2021

Kohl’s, the embattled operator of 1,100 department stores, said Tuesday (March 2) that its fourth quarter sales fell 10.1 percent, tempered by a 21 percent increase in its digital operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
‘Safe, Reliable, Convenient’: Target Posts Record Digital, Q4 And 2020 Results  
March 02, 2021

Target, the country’s second-largest retailer, said on Tuesday (Mar. 2) that years of investment into its omnichannel capabilities drove record sales and earnings for the fourth quarter and full year, as pandemic-related shopping habits led to exponential increases in its digital and drive-up offerings. Get...

Retail
AutoZone Expands Retail Presence As Net Sales Climb
March 02, 2021

AutoZone, Inc., an automotive parts and accessories retailer, reported that net sales jumped 15.8 percent in the second quarter of fiscal 2021 as it expanded its store count, according to a Tuesday (March 2) announcement. Get the Full Story Complete the form to unlock this...

Partnerships / Acquisitions
PayPal, Stripe Join Spreedly’s New Partnership Program For PSPs
March 02, 2021

Spreedly has announced the formation of a new partnership program developed for gateways and other payment service providers (PSPs), according to a Tuesday (March 2) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
How A2A Payments Can Help Businesses Ease Their Cash Flow Pains
March 02, 2021

The pandemic’s strain on B2B suppliers’ cash flows has left many scrambling for manual process alternatives. In The Next-Gen AR & AP Digitization Report, Pascal Yammine, Salesforce revenue cloud general manager, explains how tapping automated account-to-account payment tools can give vendors faster access to funds...

B2B Payments
The Big Picture Of Small Business Finance
March 02, 2021

Small- to medium-sized businesses (SMBs) are finally front-and-center in the FinTech innovation boom as new platforms emerge to address a variety of financial workflows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...