After the company posted better-than-expected fourth-quarter earnings amid its turnaround and hit a milestone in gross merchandising sales, analysts are anticipating slightly lower earnings for Etsy’s first quarter as the online marketplace seeks to refocus on its core eCommerce offerings. Get the Full Story Complete...
As Alibaba looks beyond eCommerce to expand its empire, some investors are getting nervous: Since January, the eCommerce retailer has lost approximately $60 billion in market value, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As it tests out new retail concepts such as pop-up shops, Macy’s has acquired a retail store in New York City that has a rotating selection of items called STORY. Every few months, the store picks a theme such as Love, Home For The Holidays...
The race to win India’s eCommerce power player Flipkart is over and won by Walmart with a $15 billion bid on the firm. The deal will give Walmart of a majority stake in the firm, roughly 75 percent of the entire Flipkart group. The final outcome...
More retailers are adopting the view that closing stores isn’t a failure or a loss, but simply a pathway to greater success. Closing 10, 20 or 100 locations is simply a way to remove the weak links and focus more heavily on locations and strategies...
A new startup is looking to use facial recognition to disrupt the ticketing business and take on Ticketmaster. 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...
With MoviePass’ booming movie ticket subscription success, it’s unsurprising a competitor is looking to steal away some of their cinema-enthused customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Walmart is far along in discussions with Flipkart for a controlling stake in the Indian eCommerce marketplace, but Flipkart’s board hasn’t yet firmed up the deal. However, a source close to the matter said a resolution could happen in a matter of days, Reuters reported. Get the...
Buying secondhand sports gear isn’t as easy as it sounds. Neither is selling the kids’ old hockey skates or baseball bats. It may seem like perfect material for eBay, Craigslist, letgo or Facebook Marketplace, but according to SidelineSwap Co-Founder and CEO Brendan Candon, that can be...
