What did holiday shopping look like this year? Well, we recently reported on how Mastercard — a company that just acquired Dynamic Yield from McDonald’s to personalize and contextualize offers to consumers — reports that retail sales overall were up 8.5% this holiday season (between Nov....
A new Mastercard report released Sunday (Dec. 26) says holiday retail sales were up 8.5% this year for the time between Nov. 1 through Dec. 24. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The high infection rates from the COVID Omicron variant have had a dampening effect on the U.K. shopping scene around Christmas weekend, a report from Financial Times said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With 2021 ending shortly and 2022 kicking off soon, we thought now is a good time for retailers to hit pause. This article represents a time to reflect on how retail is becoming more consumer-driven in new and unexpected ways. From TikTok to Nike, we...
Life may get a bit easier for urban, suburban and rural consumers alike who want to shop at a big-box retailer for big-ticket items like furniture. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
It’s a rough world out there right now, to put it lightly. And the retail industry is seeing the effects. Inflation is at the highest level in nearly four decades, with average prices rising by nearly 7%, although many individual categories, such as food and cars, have...
Used car retailer CarMax, Inc.’s retail and wholesale sales shot up almost 30% in the third quarter of fiscal 2022, largely because of increased consumer demand for buying their vehicles online as well as improved inventory and staffing levels and better vehicle sources from consumers....
Retail and logistics technology platform Optoro, Inc. on Wednesday (Dec. 22) closed a $25 million strategic funding round led by enterprise solution platform Zebra Technologies Corporation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
If the last 20-plus months have taught us anything, it’s to expect technological change to be faster and more profound than before, with payments connecting almost all of it somehow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
