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Just when you thought it was safe to travel — omicron. Sounding more like an expensive watch than a contagious disease, the COVID-19 variant smacked down Delta Air Lines’ fourth quarter hopes in its latest earnings report and has grounded an optimistic travel and hospitality...
Merchant point-of-sale (POS) commerce platform Lightspeed Commerce said its U.S.-based merchants achieved twice the average industry growth of their peers last year, with 35% same-store gross traction value (GTV) from 2020 to 2021, compared to the 18% industry average, according to a Wednesday (Jan. 12)...
On the strength of its digital investments, Albertsons continues to see its sales rise not only over pre-pandemic levels but also over late-2020, mid-quarantine highs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
While the ongoing spread of the omicron variant of COVID-19 across the U.S. and around the world has severely hampered the retail sector and forced the corporate and education worlds to rethink their plans, it’s meant big business for CVS Health and other companies focused...
U.S. commercial banks and savings associations reported trading revenue of $6.8 billion in the third quarter this year, a 15.5% decrease, according to stats from the Office of the Comptroller of the Currency (OCC). Get the Full Story Complete the form to unlock this article...
Nike. A small word but a mighty brand that can perk-up retailers’ — and consumers’ — ears in an instant, while its ‘Swoosh’ logo is a proven driver of blockbuster sales in almost every category. Get the Full Story Complete the form to unlock this...
Delivery giant FedEx posted an upswing in revenue of 14% to $23.5 billion for the second quarter, despite higher wages and labor shortages that were offset by an increase in shipping rates. Get the Full Story Complete the form to unlock this article and enjoy...
Sotheby’s has sold $7.3 billion in art sales this year, a new high for the 277-year-old company, The Wall Street Journal (WSJ) reported Wednesday (Dec. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
