Online car-buying continues its momentum as CarMax, which bills itself as the largest retailer of used cars, has announced the completion of its digital rollout, which the company says gives CarMax the largest addressable market in the used car industry. Get the Full Story Complete...
Back before social distancing, when people used to have cocktail parties, “metaverse” would have been a cocktail party word. After all, it’s hot, trendy, digital and no one seems to know exactly what it means, hence its power as a discussion starter. But as it...
Neiman Marcus Holding Company Inc. has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
“Digital transformation” has been the buzz phrase for small- to medium-sized businesses (SMBs) of all types over the past half-year as they rushed to reorganize their operations end to end amid the pandemic. Get the Full Story Complete the form to unlock this article and...
The holiday season is months away, but food distributors and supermarkets are stockpiling food to prepare for what could be a sales surge if COVID-19 cases rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Dining out has taken on new meaning in New York City. 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...
COVID-19’s early days simply took dining out off the table, so to speak, for most Americans as restaurants shut down for on-premises dining alongside most other non-essential businesses. But as closures have eased in many U.S. regions, restaurants are coming back. The NPD Group reported...
With 44 percent of U.S. eCommerce business, it’s hard to say that anyone truly competes with Amazon. But there is a small group of companies competing to buy their sellers. Last week PYMNTS reported on one such company, AccrueMe, that injects capital into leading Amazon...
Even with challenges brought by the COVID-19 health crisis, Edmunds analysts indicate that Q3 marks a “positive turning point” for the automotive space. They anticipate that 3,850,707 new cars and trucks will be sold domestically, marking a 11 percent drop from Q3 2019 and a...
