News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Parachute Selling Furniture, Holiday Serves as Retail Test, Amazon and Walmart Left Behind in Wellness

Parachute Selling Furniture, Holiday Serves as Retail Test, Amazon and Walmart Left Behind in Wellness
Parachute Selling Furniture, Holiday Serves as Retail Test, Amazon and Walmart Left Behind in Wellness
September 16, 2021  |  Today In Data

Retailers are hoping shoppers will return en masse to their stores during the 2021 holiday shopping season. Plus, Amazon and Walmart retain a small slice...

READ MORE >
Brilliant Earth Says Millennials, Gen Z Key to Future Growth
Brilliant Earth Says Millennials, Gen Z Key to Future Growth
September 16, 2021  |  Retail

Direct-to-consumer (D2C) jeweler Brilliant Earth says its path to growth after its expected public trading debut next week relies on omnichannel capabilities and a younger...

READ MORE >
Amazon’s Food Fight Fails to Minimize Walmart’s 10-to-1 Lead
Amazon’s Food Fight Fails to Minimize Walmart’s 10-to-1 Lead
September 16, 2021  |  Retail

Over the past year, Amazon has increased its focus on sales of food and beverage, the lone category where it seriously lags behind Walmart, but...

READ MORE >
Supply Chain Issues Could Hamper Artificial Christmas Tree Sellers
Supply Chain Issues Could Hamper Artificial Christmas Tree Sellers
September 16, 2021  |  Retail

Some U.S. sellers of artificial Christmas trees plan to raise their prices by 20-25% this holiday season to offset the higher shipping costs they’re being...

READ MORE >
Back-to-School, eCommerce Help Boost August Retail Sales by 0.7%
Back-to-School, eCommerce Help Boost August Retail Sales by 0.7%
September 16, 2021  |  Retail

U.S. consumer spending unexpectedly rose 0.7% in August, reversing a slump in July and defying concerns that a surge in COVID cases and business restrictions...

READ MORE >
European Shipping Startup Sendcloud Notches $177M Series C Funding
European Shipping Startup Sendcloud Notches $177M Series C Funding
September 16, 2021  |  Investments

European eCommerce shipping startup Sendcloud closed a $177 million Series C funding round led by SoftBank Vision Fund 2, with sizable backing from L Catterton and participation...

READ MORE >
AMC Brings Bitcoin to Big Screen With Crypto
AMC Brings Bitcoin to Big Screen With Crypto
September 16, 2021  |  Cryptocurrency

It’s like something out of a movie, at least in its broadest strokes. New-fangled tech comes along, is embraced by the masses and saves troubled...

READ MORE >
DoorDash Takes On Restaurants In Fight Over NYC Data-Sharing Mandate
DoorDash Takes On Restaurants In Fight Over NYC Data-Sharing Mandate
September 16, 2021  |  Data

In New York City, businesses and lawmakers are playing tug-of-war over consumer data. On Wednesday (Sept. 15), DoorDash sued New York City over a new...

READ MORE >
ShipBob Expands Platform Ahead of Holiday Shopping
ShipBob Expands Platform Ahead of Holiday Shopping
September 16, 2021  |  Retail

Global eCommerce fulfillment startup ShipBob on Thursday (Sept. 16) announced that it has added a new customization suite for gift notes and kitting, an integration...

READ MORE >