That grocery has spent much of 2020 getting digitized isn’t breaking news as the year is settling into its last few weeks, but this week we did start seeing figures rolling in from PYMNTS and other sources marking just how big that shift has been...
Academy Sports and Outdoors, Inc. reported on Thursday (Dec. 10) that comparable sales for Q3 2020 rose 16.5 percent over Q3 2019, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Ascena Retail Group Inc. has received the green light to sell the Lou & Grey, Loft, Lane Bryant and Ann Taylor labels to Sycamore Partners in a deal valued at approximately $1 billion that might close by next week, The Wall Street Journal reported. Get the Full...
There’s arguably never been a better time to worry about healthy food. The pandemic has pushed shoppers to seek out new choices and that has led to a spike in organic food and beauty products. And, as for most everything these days, there’s an app...
Tennis star Serena Williams is continuing her new turn as a venture capitalist. In keeping with its focus on early-stage funding, Serena Ventures is funding ShoppingGives, the social impact commerce platform that was started five years ago, which provides turnkey cause marketing and donation processing...
PayPal Holdings, Inc. said on Wednesday (Dec. 9) that it processed a record-breaking $185 million around the world this GivingTuesday, which was the most raised on its platform for the worldwide day of giving as of the event’s start in 2012, according to an announcement....
The vaccines are locked and loaded. Now comes the hard part. As various governmental agencies, healthcare organizations and drug companies step up their efforts to get vaccines distributed, it looks like retail will have a major role to play. Get the Full Story Complete the...
Square’s digital wallet startup Cash App has introduced its first apparel collection, Cash by Cash App, The Wall Street Journal reported on Tuesday (Dec. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
At a time when the pandemic has seen a massive shift toward digital commerce, the Mexican arm of Walmart – the world’s largest retailer – is looking to leverage the river of remittances that its customers receive from the United States, and to keep more...
