News

Retail
Neiman Marcus to Close One Dallas Location, Renovate Another
February 19, 2025

A Neiman Marcus store in downtown Dallas is reportedly set to close on March 31 after owner Saks Global received a notice from the landlord to terminate the occupancy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

eCommerce
eCommerce Grabs 17.9% of Overall Retail Sales in 2024’s Fourth Quarter  
February 19, 2025

The fourth quarter of 2024 capped a strong year for online retail sales, as holiday spending shifted to digital channels, capping a double-digit increase over the third quarter — and a nearly double-digit boost over last year’s levels. Get the Full Story Complete the form...

eCommerce
Etsy Prioritizes Mobile App and Loyalty Program to Up Consumer Engagement
February 19, 2025

In 2024, Etsy focused on strengthening its core offerings, specifically its mobile app and the launch of its new loyalty program, to retool customer engagement and increase purchase frequency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
Shift4 Explores Tencent and Ant Pacts After Acquiring Global Blue
February 19, 2025

Payments company Shift4 acquired tax-free shopping provider Global Blue in a deal that represents about $2.5 billion in enterprise value. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Ridesharing
Report: Rising Cost of Rideshare Services May Cause Lower Demand
February 19, 2025

The rising cost of rideshare services may lead to lower demand, according to a report released Tuesday (Feb. 18) by gig worker app provider Gridwise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
Senate Democrats: Musk’s CFPB Dealings Present Ethical Conflict
February 19, 2025

A pair of Senate Democrats say they want to kick DOGE out of the Consumer Financial Protection Bureau (CFPB). 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...

Cross-border Payments
Lili Adds International Wire Payments to Small Business Financial Platform
February 19, 2025

Lili added international wire payments to its financial platform designed for small business owners. 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...

Retail
Report: Walmart Earnings Results Will Show Impact of Tariffs
February 19, 2025

When Walmart reports its fourth-quarter earnings results and guidance Thursday (Feb. 20), analysts will reportedly be looking for signs of the impact of new and potential tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Stacks Raises $10 Million for AI-Powered Financial Close Solution
February 19, 2025

Self-described “AI-powered workspace” Stacks says it is now $10 million richer. 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,...