Retail behemoth Walmart is earmarking more than $1 billion across the next five years to help its employees in the U.S. further their education in a move to cover tuition and books, per a Walmart press release on Tuesday (July 27). Get the Full Story Complete...
In today’s top retail news, Klarna is adding to its stable of social commerce companies, while BigCommerce makes an acquisition of its own to expand the platform’s capabilities. Also, thredUP is preparing to enter the European market amid a reCommerce frenzy, and Shopify will now...
Shopify will allow its merchants to sell non-fungible tokens (NFTs), the head of the eCommerce platform announced on Monday (July 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Japan’s buy now, pay later (BNPL) firm Paidy is rolling out a new discovery app to help users find what they want from thousands of digital retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
With capacity limits lifted in most parts of the U.S., it may be expected that retailers would start phasing out customers’ ability to schedule shopping appointments as pre-pandemic shopping spontaneity returns. However, retailers are actually doubling down as consumer demand for appointments surpasses levels seen...
California-based thredUP is preparing to enter the European market via the acquisition of reCommerce platform Remix, a move that comes as the resale market is poised to explode in both the U.S. and Europe. Get the Full Story Complete the form to unlock this article...
Payments and shopping platform Klarna announced plans to acquire another social commerce company on Tuesday (July 27), in a move aimed at helping it round out its retail services and meet rising consumer demand for better interactive shopping experiences. Get the Full Story Complete the...
The continued growth of eCommerce deliveries, increases in air shipments and record levels of parcels requiring special handling — including COVID-19 vaccines — were key factors in the higher-than-expected revenues reported Tuesday (July 27) by United Parcel Service. Get the Full Story Complete the form...
The Sherwin-Williams Company reported an overall increase in net sales of 16.9 percent to almost $5.4 billion for the second quarter of 2021, but the numbers show a 25 percent dip in the consumer sales segment of the business, which saw lower sales volume and...