Thanks to its robust direct-to-consumer (D2C) sales strategy, better inventory management and a rebound in China, Nike is finding itself in a better position than expected. The company reported its revenue for the third fiscal quarter to be $12.4 billion, above projections of $11.48 billion,...
GameStop’s turnaround continued this week as the company reported its first profit in years. The video game retailer announced in a Tuesday (March 21) earnings release that it had seen a net profit of $48.2 million in the quarter that ended in January, versus a...
Amazon Pay has unveiled a tool to give merchants faster access to working capital. Express Payout is available now for eligible merchants via the company’s Seller Central, Amazon said Tuesday (March 21) in an announcement provided to PYMNTS. “Express Payout for Amazon Pay helps businesses...
When professional makeup artist, author and the founder of Bobbi Brown Cosmetics, Bobbi Brown, founded her clean beauty makeup brand Jones Road Beauty in 2020, she made it her mission to create products with “the best, most efficacious formulas” and avoided including any ingredients that...
As grocers look to mitigate inflation-related margin decreases, Sam’s Club is improving its ad offerings. The Walmart-owned membership warehouse club chain announced Tuesday (March 21) that it has made it possible for advertisers to attribute in-store sales to their advertising — search ads and sponsored...
Dropping perks may seem like smart cost-cutting for small retailers, but one cut in particular could come at the expense of repeat business. As consumer spending continues to slump following January’s seemingly temporary bump, shoppers are seeking any small savings. This is especially true when...
Egyptian FinTech Paymob is working with IKEA to give furniture buyers more payment options. The partnership, announced in a news release provided to PYMNTS Tuesday (March 21), will let customers at IKEA Egypt pay by digital wallets, bank-offered easy payment plans (EPP) and consumer finance...
Luxury fashion brand Telfar wants to let consumers set their own prices. In an era when high-priced goods continue to show durability, the New York-based designer is set to begin offering a “live price” model, Fast Company reported Monday (March 20). “Many brands use price...
In-store media opportunities are making a comeback, but this time with a little more zest than before — interactive displays, as brands and retailers look to attract more consumers, who are increasingly making their way back to in-store experiences. Despite the significant investments made...
