Given that 90 percent of new car purchases and half of used car purchases are financed, it’s no surprise that the lifestyle changes and digital shift brought on by the pandemic have disrupted auto loans, that age-old corner of the vehicle industry. Whether a car loan...
Target has canceled its subscription service, a foray into bulk discount purchasing launched seven years ago. Through the service, Target customers were able to automatically reorder items in bulk while earning a 5 percent discount, with the items shipped their homes. Get the Full Story...
Consumers are flocking to shopping areas in India’s major cities and towns in advance of Diwali, India’s festival of lights, this Saturday (Nov. 14), boosting optimism among business owners while also stoking concerns over the potential for a rise in coronavirus cases, reported AP News....
A department store reported a profitable Q3 this week. Really. 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 our daily newsletter, PYMNTS Today. By completing this...
The intellectual property (IP) of Century 21 Department Stores is up for sale, including the company’s domain name, trademarks, social media assets, shopper data and more, according to an announcement from Hilco Streambank, which focuses on the sale of IP assets. Get the Full Story...
Farfetch Limited reported on Friday (Nov. 13) as part of its Q3 results that Gross Merchandise Value (GMV) surged to $797.8 million from $492 million in Q3 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It’s been a busy time in the grocery world this week, with digital innovation at the core of the headlines in the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A couple of years back, before the COVID craziness, PYMNTS wrote that “In 1887, Asa Candler, the founder of the Coca-Cola Company, had a novel idea: He decided to give away some of his product for free. And so, he wrote tickets for consumers to try a glass...
Alibaba smashed Singles’ Day sales records this year with help from an aggressive push into European and other foreign markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....