Urban Outfitters’ announcement that it was moving into the world of fashion for rent about a month ago was surprising — and also not. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Radio-frequency identification (RFID) technology is carrying more weight in retail these days, helping merchants to innovate and win over consumers, and even serving to tie together web, mobile and in-store experiences as part of the focus on omnichannel commerce. Get the Full Story Complete the...
Online brands are expanding their brick-and-mortar footprints: Online handbag marketplace Rebag, for instance, is opening a new store in Miami’s Design District with more stores said to come. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With results that implied a pickup in consumer spending, retail sales in the U.S. rose in May and sales for the month before were revised upward. The Commerce Department report that was fairly positive came after mild readings for inflation and a step-down for hiring,...
Through an expanded initial public offering (IPO), Chewy Inc. and its investors took in $1.02 billion. The eCommerce pet food and accessories supplier sold 46.5 million shares at a price of $22 a piece, Bloomberg reported. The company had increased its price range to $21...
Most consumers probably don’t have strong opinions about their banks, since the relationship tends to be more transactional than emotional. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A number of retailers have recently seen a surge in eCommerce sales. Lululemon revealed this week that online sales this past quarter increased 35 percent, while Target’s online sales rose 42 percent and Walmart reported 37 percent growth. In addition, online sales at Dick’s Sporting...
It’s not just about invoices and BEC. In one recent example, payments fraud reached into the crypto realm – and a publicly listed company. Elsewhere, fraud at a health center in Manitoba received more than a million dollars in questionable payouts.
U.K. MPs are criticizing the Financial Conduct Authority (FCA) after it decided not to take action against RBS despite finding that the bank mistreated small business customers, Reuters reported on Thursday (June 13). Get the Full Story Complete the form to unlock this article and...
