Uniqlo wants to grow by selling good-quality apparel at affordable prices. That’s the stance the Japanese retailer is taking when it comes to securing its spot in the world of consumers and fast fashion. The move comes as consumers are increasingly examining where and how...
A few years ago, many consumers focused on enhancing their beauty routines, setting up home offices, and engaging in at-home fitness activities, with companies like Mirror, Peloton and Tonal gaining popularity due to the pandemic. The trend prompted brands and retailers to emphasize health and...
Digital technologies are being built to help solve one of the key challenges facing the construction industry: delayed payments. The construction industry’s days sales outstanding (DSO) stands at 94 days, according to “Under Construction: Improving Payments in the Construction Industry,” a PYMNTS and Ingo Money...
One might expect consumers of older generations, such as baby boomers and seniors, to be most loyal to brands or stores where they shop. These consumers can have built familiarity and comfort with brands for a longer time and may be reluctant to explore new...
Before the pandemic, over half of business payments were done by paper check. But that iceberg of inertia that was freezing innovation within B2B payments is slowly starting to melt under the heat of new necessities around enhancing liquidity and improving cash flow visibility. Payments...
B2B payment platform OnlineCheckWriter.com has expanded its cloud banking service to provide entrepreneurs and freelancers in Oman with the ability to open a U.S. account remotely. This expansion aims to facilitate effortless payments to U.S. vendors, affiliates, employees and partners globally, allowing Omani businesses to...
While ridesharing giants Uber and Lyft experienced significant growth in revenue in 2023, they reportedly facechallenges in 2024. For different reasons, financial services group Nomura recently downgraded both Uber and Lyft, Seeking Alpha reported Friday (Dec. 29). Uber, the dominant player in the ridesharing industry,...
Shein or Temu reportedly could be potential merger partners for Wayfair. Either of the two Chinese-founded eCommerce companies could be a good fit for a merger with the Boston-based home goods retailer, Seeking Alpha reported Friday (Dec. 29), citing a paywalled list of 2024 predictions...
As the year comes to an end, most consumers have completed their holiday shopping, although there were still stragglers and undecided shoppers deep into December. Market data reveals that in the last days of the campaign, merchants seem to have reduced their promotions and discounts,...
