Starbucks’ sales continue to rise, and its digital platforms continue to grow, but none of these initiatives are enough to escape the challenges created or worsened by the pandemic — high inflation, supply chain shortages and staffing challenges. Get the Full Story Complete the form...
South African wireless network provider Vodacom said the company’s VodaPay app, which debuted in October, is the centerpiece of its quarterly growth for the three months ending Dec. 31, which saw its revenue jump 12.5% to 2 billion South African rand (about $131 million), according...
Retailers are not the only food sellers taking advantage of the sales opportunities posed by the digital shift; brands are getting in on the action as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The stock price for VF Corporation — whose stable of brands include Dickies, Timberland, The North Face and Vans — continued its six-month languish, dipping more than 6% Friday (Jan. 28) and almost 25% in the past six months, even as it announced in a...
Robinhood’s stock fell 12% trading after the brokerage app reported a loss of $423 million for the fourth quarter, a Wall Street Journal report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
For most businesses, the thought of doing $124 billion in sales in a year — or even a decade for that matter — would be considered a lofty achievement. For Apple, that feat took just 90 days. Get the Full Story Complete the form to...
Payment network Visa showed resilience in cross-border spend, and tap-to-pay gaining in key markets. Along the way, consumer spending on debit and credit cards has continued into the current quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In its forecast for 2022, Robinhood said it’s planning to expand its services by helping people invest as well as move money faster, according to a press release regarding the company’s fourth quarter earnings results. Get the Full Story Complete the form to unlock this...
Mastercard’s latest earnings results show double-digit gains in debit and credit spending, a rebound in cross-border activity — and contactless payments, increasingly, becoming the preferred way to pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
