The Home Depot rode the pandemic-driven home improvement wave to a big jump in its in-store comp sales for Q3. The company reported sales of $33.5 billion for the third quarter of fiscal 2020, an increase of $6.3 billion, or 23.2 percent above 2019. Comparable...
U.S. retail sales rose 0.3 percent in October to $553.3 billion, missing forecasts but still up for the sixth consecutive month, according to the monthly U.S. Census Bureau report released on Tuesday (Nov. 17). Get the Full Story Complete the form to unlock this article...
New York’s Wardrobe has expanded its geographical footprint in the emerging online clothing rental space by acquiring Dallas-based rival Rent My Wardrobe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Shopify has expanded its payment options for merchants with a new partnership with Alipay, China’s payments app. 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...
Boost Payment Solutions, Inc., is partnering with Global Healthcare Exchange (GHX) to help healthcare organizations pay suppliers with commercial cards, Boost announced today (Nov. 17), in a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy...
Over 60 percent of banks say fraud volumes are rising, with over 40 percent reporting that average fraud hit value is going up. Under COVID, one study finds that 22 percent of Americans had been targeted by pandemic-related fraud attempts as of April. Get the...
At the height of the pandemic in the U.S., an unprecedented surge in demand for medical equipment like N95 masks, respirators and isolation gowns has created a nightmare procurement scenario for the healthcare industry. Get the Full Story Complete the form to unlock this article...
Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The rising trend of digitization in commerce and the increased occurrence of card-not-present fraud were not created by the COVID-19 pandemic. Instead, it would be more accurate to note that those macro trend lines were both already on the move quite notably, and then the...
