A month-long investigation by Luckin Coffee into its current CEO found no evidence of misconduct, Reuters reported Wednesday (Feb. 17). 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...
Retail sales rose in January by 5.3 percent on the wings of long-delayed action on the part of Congress, which OK’d a $900 billion COVID-19 stimulus package. As part of that, COVID stimulus checks went out to millions of Americans. Get the Full Story Complete...
The eCommerce platform Shopify posted better-than-expected fourth-quarter results on Wednesday (Feb. 17), but warned that the rate of growth triggered by the pandemic was not sustainable. Officially, the Ottawa-based eCommerce giant reported a four-fold increase in adjusted net income for the three months ending Dec. 31,...
When the world’s largest retailer reports its Q4 results on Thursday morning (Feb. 18), analysts are expecting Walmart to deliver record holiday sales that outpaced Amazon’s by $2 billion a week. But even that won’t be enough, as investors also seek updates on digital and...
Who’s ordering most of the mobile meals we’ve come to love in the age of COVID? 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 daily...
Camping World Holdings, Inc. has purchased two locations in the Northeast amid continued expansion of its physical presence. Stores in Albany, N.Y. and Hamburg, Pa. were created via the purchase of Boat-N-RV Superstore, according to a Wednesday (Feb. 17) announcement. Get the Full Story Complete the...
Price satisfaction. Exclusivity. Affinity. These are some of the main factors making use of product drops, flash sales and related tactics part of an effective 2021 eCommerce strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With more financial service providers positioning corporate cards in the market, interest in value-added functionality is on the rise. 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...
Local economies cannot underestimate the value that small businesses bring to their markets. In the logistics space, whether it is building new highways, transporting produce or facilitating the transportation of waste and recycling, the trucking sector is critical to supporting national infrastructure — and it’s...
