A long-running theme this earnings season has been that — through the final quarter of the year and beyond — consumers have continued to spend using cards while buy now, pay later (BNPL) has seen hockey stick-like growth as a payment option. Get the Full...
Fourth-quarter 2021 earnings numbers looked largely positive for resale platform thredUP Monday (March 7), but investors — and even CEO and Co-Founder James Reinhart — understand secondhand is a tough idea to get behind. Get the Full Story Complete the form to unlock this article...
South Africa-based retail group Massmart Holdings said on Monday (March 7) that it was still feeling the severe impact of a July 2021 civil unrest in its core market that led to the closure of 43 stores and resulted in lost sales of 2.7 billion...
In its fourth-quarter results, commerce tech company Payoneer said it wants to keep growing, according to a Thursday (March 3) company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As food prices continue to rise, grocers are at an inflection point when it comes to price-conscious consumers. Their responses to this rapid inflation could either cement these shoppers’ loyalty or send them running to competitors. Get the Full Story Complete the form to unlock...
In its first quarterly earnings report as a public company, Southeast Asian super app Grab Holdings posted a decline in revenue as spending increased to offer higher commissions to attract drivers and greater incentives to users and partners. There were also additional expenses relating to...
Burlington Stores’ stock price saw a double-digit, pre-market dip Thursday (March 3) triggered by the company’s fourth-quarter earnings report and the announcement that the clothing retailer had seen a decline in foot traffic to its brick-and-mortar stores for the three-month period. Get the Full Story...
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SoFi Technologies, which offers digital financial services, reported its quarterly results on Wednesday (March 2) and said the company had been growing in members exponentially. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
