Grocery giant Kroger Co. had signaled that its third-quarter 2020 report would deliver excellent earnings. And when the company released its Q3 results on Thursday (Dec. 3), it did highlight that its online sales shot up 108 percent. The company also raised its full-year guidance on...
The holiday shopping season is becoming the holiday shipping season. What was in previous years a minor inconvenience (late holiday gifts) is now the star of the show as UPS and FedEx take center stage as key players in the highly pressured digital-first economy. Get...
Walmart is reportedly laying off an additional 1,200 workers as part of a reorganization that encompasses the big consumer shift to online shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Of the many data-based insights contained in the new Black Friday 2020 Report: Crossing the Digital-Physical Shopping Divide, one line captures the mood of this just-concluded commerce holiday weekend: “Concerns over COVID-19 were present, but were secondary to consumers who craved convenience.” Get the Full...
Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. In this week’s look at payment rails innovation, Visa embraces blockchain and digital currency to facilitate corporate and small business payments,...
As a B2B Software-as-as-Service (SaaS) organization, 6Sense is a digital-first company with an emphasis on Big Data and automation capabilities. They’re concepts that naturally extend in the back office and into 6Sense’s own workflows, particularly when it comes to finances. Get the Full Story Complete...
For all of the innovation that’s occurred in the banking landscape, it’s often consumers – not corporates – that benefit from the latest technologies. While FinTech innovators continue to drive competition with a focus on product functionality and an optimal end user experience, businesses are...
Uber has engaged in “advanced talks” about selling its air taxi business Uber Elevate to Joby Aviation, a report from Axios says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The U.S. House of Representatives has unanimously passed a new measure to allow the delisting of Chinese firms if they don’t comply with U.S. auditing rules, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
