News

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

Source: pymnts.com

In Q1, Blue Apron Touts Retention While Competitor Spotlights Customer Acquisition

In Q1, Blue Apron Touts Retention While Competitor Spotlights Customer Acquisition
In Q1, Blue Apron Touts Retention While Competitor Spotlights Customer Acquisition
May 07, 2021  |  Earnings

In Blue Apron’s view, the post-pandemic future of meal kits is less about getting everyone on board and more about engaging more fully with the...

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Nonfarm Jobs Increase By 266,000 In April, Lower Than Expected
Nonfarm Jobs Increase By 266,000 In April, Lower Than Expected
May 07, 2021  |  Economy

Signals that the U.S. economy had turned a corner and was now red hot and surging back from the COVID-19 crisis had sprung up everywhere....

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Peloton Adds 400K New Fitness Subscribers, Will Invest To Restore ‘Pristine Brand’
Peloton Adds 400K New Fitness Subscribers, Will Invest To Restore ‘Pristine Brand’
May 07, 2021  |  Retail

Peloton, the maker of upscale fitness equipment and workout programs, said Thursday (May 6) its connected fitness subscribers rose 135 percent to a record 2...

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Increasing Momentum In Online Retail And Digital Banking
Increasing Momentum In Online Retail And Digital Banking
May 07, 2021  |  Today In Data

Etsy reported in its quarterly results that the “incredible momentum” it saw last year during pandemic-related lockdowns continued, although it cautioned that the fast pace of...

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AMZN vs. WMT Weekly: Prime Day Is On The Move, Walmart Goes All-In On Health And Pets
AMZN vs. WMT Weekly: Prime Day Is On The Move, Walmart Goes All-In On Health...
May 07, 2021  |  Retail

Just days after Amazon’s latest round of record earnings results, as well as a new PYMNTS prediction that its sales growth will outpace Walmart’s by...

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Adidas, DraftKings, Planet Fitness See Sports Rebound As Consumers Look To Play Again
Adidas, DraftKings, Planet Fitness See Sports Rebound As Consumers Look To Play Again
May 07, 2021  |  Retail

After more than a year of lockdowns and COVID-related lifestyle restrictions, consumers’ pent-up demand and desire to play again could be seen in a trio...

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Stamps.com’s Revenue Surges As Paid Customer Base Grows
Stamps.com’s Revenue Surges As Paid Customer Base Grows
May 07, 2021  |  Retail

eCommerce shipping provider Stamps.com reported as part of its financial results that total revenue surged 25 percent from $151.3 million in Q1 2020 to $189.1 million in Q1...

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Spectrum Brands’ Net Sales Rise Amid Higher Reinvestments
Spectrum Brands’ Net Sales Rise Amid Higher Reinvestments
May 07, 2021  |  Retail

Spectrum Brands, whose portfolio includes brands like Repel, George Foreman and Kwikset, reported that net sales climbed 22.6 percent for the second quarter of fiscal 2021. Get the Full Story...

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New Study: Consumers Will Now Drop A Merchant Over A Single Data Breach
New Study: Consumers Will Now Drop A Merchant Over A Single Data Breach
May 07, 2021  |  Security & Fraud

Consumers can drift along in a happy sort of haze, extending trust to brands that appeal, and enjoying a loose but very real connection —...

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