News

 ‘High Spenders’ May Seek Credit Card Alternatives as Balances Build 
Payment Methods
 ‘High Spenders’ May Seek Credit Card Alternatives as Balances Build 
May 11, 2023

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Vitamin Shoppe Parent Goes Private in $2.6 Billion Deal
Retail
Vitamin Shoppe Parent Goes Private in $2.6 Billion Deal
May 11, 2023

Franchise Group, owner of retailers like Vitamin Shoppe, is set to become a private company. 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,...

Best Buy Adds More Affordable Paid Tier to Membership Offerings
Retail
Best Buy Adds More Affordable Paid Tier to Membership Offerings
May 11, 2023

Best Buy has modified its membership programs and added a more affordable paid tier. 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...

The RealReal Sharpens Resale Focus but Still Reports Loss 
Retail
The RealReal Sharpens Resale Focus but Still Reports Loss 
May 11, 2023

It was once said, “The RealReal is a total mess and I can’t quit it.” That said, keeping up with the company’s progression has been an engrossing tale to follow, as it has looked to various ways to craft its path to profitability but continues...

Etsy Hopes Brides Will Say I Do to Personalized Wedding Registry Experience
eCommerce
Etsy Hopes Brides Will Say I Do to Personalized Wedding Registry Experience
May 11, 2023

Etsy continues to rework its positioning to encourage consumers to think of Etsy as a go-to destination for all things shopping, instead of a niche platform for handmade and vintage items. The company is launching its Wedding Registry experience, in a bid give customers more...

Everseen Raises $71 Million to Battle Retail Theft With AI
Investments
Everseen Raises $71 Million to Battle Retail Theft With AI
May 11, 2023

Artificial intelligence (AI) platform Everseen has raised $71 million to help retailers prevent theft. 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...

Blackstone Wants to Partner with Regional Banks in Loan Originations
Banking
Blackstone Wants to Partner with Regional Banks in Loan Originations
May 11, 2023

Blackstone wants to give regional banks more lending power ahead of a looming credit crunch. 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,...

APIs Plus AI Reset Working Capital Management as Faster Payments Gain Ground
Payment Methods
APIs Plus AI Reset Working Capital Management as Faster Payments Gain Ground
May 11, 2023

A lot changes in just a few months. 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 this form, you...

Business Spend Management Goes Real Time as CFOs Conserve Cash
Risk Management
Business Spend Management Goes Real Time as CFOs Conserve Cash
May 11, 2023

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. Mesh Payments CFO Anna King says CFOs don’t have the luxury of assuming the current company spend is the best...