Footwear giant Skechers is seeing its eCommerce investments pay off. The company shared Tuesday (Oct. 25) in its third-quarter 2022 earnings announcement that direct-to-consumer (D2C) sales were up 12% year over year. “As one of our key long-term growth strategies, the investments we are making...
Walgreens said it has begun offering customers in some markets the option of order pickups that are ready within 30 minutes. According to an announcement sent to PYMNTS Wednesday (Oct. 26), the program launched this week at locations throughout New Mexico and Oklahoma and select...
Expense management software company Center has raised $15 million in a Series B round and said it will use the new capital to expand its product offerings and support the evolving needs of small- to medium-sized businesses (SMBs). This funding round brought the company’s total...
The European Commission (EC) published a draft proposal on Wednesday (Oct. 26) intended to force banks and payment service providers (PSPs) to offer 24/7 instant euro payment services. The new rules will take the form of an amendment to the Single Euro Payment Area (SEPA)...
The Consumer Financial Protection Bureau (CFPB) is facing legal challenges to its very structure and its reach — and where it gets it funding. But for now, at least, the rulemaking (or something like it) continues, shaping consumer finance, competition, open banking and data sharing....
New York State Superintendent of Financial Services Adrienne A. Harris has issued a revised proposed regulation that would allow the state’s Department of Financial Services (DFS) to collect data regarding how well New York-regulated banks are serving minority- and women-owned businesses. The proposal is pursuant...
Adding to the trend of store-in-store partnerships, Target and Apple have expanded their collaboration to include more Apple shops within Target locations as well as exclusive offers for members of the Target Circle loyalty program. The retailer has more than tripled the number of Apple at...
You might only be looking to buy a plunger but from Google’s point of view, these kind of “in stock near me” search queries remain its bread-and-butter product within its most dominant business — albeit one that it is planning to dramatically modify through the...
While acknowledging the broader economic obstacles facing his company along with others, Mattel’s CEO says he’s counting on demand for toys for the holidays. “While we’re seeing higher volatility related to macroeconomic challenges that may impact consumer spending, the toy industry has historically demonstrated its...
