In 1990, someone asked Sam Walton about the recession the country was in at the time. “I thought about it,” he said, “and decided not to take part.” That turns out to be sage advice as the retail sector sets out to recover from an...
In what appears to be an unprecedented move, a major eCommerce retailer is connecting its suppliers directly to consumers. Newegg, which is arguably the largest computer component and consumer electronics retailer, has announced a new program to help vendor partners sell directly, albeit through its...
The digital shift is definitely on. But when it comes to the digital customer experience, retailers are playing catch-up. 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 provide a one-stop-shop for nursery design and inspiration, buybuy BABY rolled out Design Squad in conjunction with sister brand and digital interior design firm Decorist. The companies are both Bed Bath & Beyond Inc. subsidiaries, according to an announcement. Get the Full Story Complete...
California-based FinTech Marqeta has grabbed $150 million in a venture funding round that values the card-issuing and payments processing company at $4.3 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Amid increases in average transaction amount and shopper traffic, Dollar General Corp. reported that same-store sales rose 21.7 percent for fiscal year 2020 Q1 compared to Q1 2019. The company reported a rise in same-store sales in consumables, home products, seasonal and clothing categories, noting...
Talent enablement platform Oyster™ has announced its acquisition of cross-border hiring firm Carrom with the intent to boost Oyster’s cross-border hiring pool and offer new opportunities for customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bombay Stock Exchange (BSE) has relaxed guidelines for how Indian small- to medium-sized businesses (SMBs) can tap the capital market, loosening restrictions on net tangible assets and positive cash flow in order to jump-start the country’s virus-ravaged economy. Get the Full Story Complete the form...
Giant tech companies are seeking deals at their fastest pace in years, fueled by COVID-19 despite an increase in scrutiny by regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
