Sections
sales
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1.3KRetailAlbertsons Sees Rise In Same-Store Sales, eCommerce Growth
Albertsons has reported strong numbers for its fourth quarter and full year of fiscal 2018. The Boise, Idaho-based operator of more than...
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5.5KSecurity & FraudChipotle Hacked, Payment Credentials Compromised
Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of...
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2.6KRetailRite Aid To Quit E-Cig Sales, Add CBD Items In Select States
Rite Aid said it will no longer sell electronic cigarettes amid what it calls an “epidemic” of teen vaping, and that it...
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2.7KInvestmentsCredit Suisse: iPhone Sales Could Plummet 12 Pct. This Year
With Apple suffering from lackluster demand for its iPhone devices, Wall Street firm Credit Suisse was prompted to start the Cupertino, California...
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3.2KRetailAnalysts Predict 75K More Store Closings
A new report by investment firm UBS warns that an estimated 75,000 stores are likely to shut down by 2026. Analysts said...
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2.5KMobileChinese Mobile Phone Shipments Down 6 Percent In March
Mobile phone shipments declined six percent in March compared to a year ago in China as the country contended with a slowdown...
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5.7KMPOS TrackerHow mPOS Sweetens Girl Scout Cookie Sales
The use of contactless payments is heating up worldwide, and retailers are looking to their mobile point-of-sale (mPOS) providers to help them...
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4.8KInnovationRetail, RFID And Real-Time Sales
Probably every shopper knows the thrill of the retail treasure hunt — that odd, unexpected, but perfect product discovered on a shelf;...
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4.6KEconomyLower-Income Households More Confident In Economy
Consumer sentiment improved in March as Americans felt better about the economy and the potential to earn money. According to a report...
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3.3KInvestmentsOpendoor Raises $300M, Reaching $3.8B Valuation
Opendoor, the startup that operates an online platform for buying and selling homes, has raised $300 million, giving it a valuation of...
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6.2KDigital PaymentsFirst Data Helps Merchants Boost Card-On-File Sales
First Data, a commerce-enabling technology and solutions company, announced Tuesday (March 19) the launch of Authorization Optimization, a digital commerce tool that...
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4.7KRetailCan Merchandise Make A Presidential Campaign?
The presidential running season, like the holiday shopping season, seems to get a little longer every time. The next presidential election is...
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4.4KRetailCostco Wholesale Broadens Online Selection Amid eCommerce Growth
Amid growth in its eCommerce sales and online selections, Costco Wholesale Corporation beat analysts’ estimates for earnings, but fell short on top-line...
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3.2KRetailLaCroix Maker National Beverage Corp. Reports Drop In Sales
Marking its first fall in quarterly sales in half a decade, LaCroix sparkling water maker National Beverage Corp. reported revenue of $220.9 million...
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2.8KRetailFoot Locker Shares Soar After It Beats Wall Street Projections
Foot Locker shares surged 5.96 percent on Friday (March 1) after the company beat Wall Street’s projections and reported same-store sales growth...
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5.2KRetailGap Inc. Plans Big Channel Changes Amid Evolving Retail Landscape
As Gap Inc. looks to improve the channel mix of its eponymous brand and shutter specialty stores, the retailer beat analysts’ earnings...
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6.2KEarningsBitcoin Sales $166M Of Square Q4 Revenue
When Square released its Q4 financial results, the company reported that bitcoin sales accounted for $166 million of its revenue last year,...
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2.8KEarningsEtsy Enjoys Strongest Revenue Growth In Four Years
After-hours trading saw shares in eCommerce handcrafted marketplace Etsy jump 6 percent after the firm logged stronger than expected earnings during the...
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4.1KB2B PaymentsTrueCommerce Launches Microsoft Dynamics 365 Business Central Integration
TrueCommerce has announced an Advanced Sales, Purchasing and Warehouse integration with Microsoft‘s Dynamics 365 Business Central. As a provider of trading partner connectivity,...
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3.7KEarningsEarnings Show Power Of Digital Commerce — And Cash At The ATM
Continuing in the tradition of PYMNTS earnings roundups: Walmart’s eCommerce efforts, including grocery delivery and pickup options, soared in the fourth quarter...
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3.0KRetailGlobal Smartphone Shipments Fell Flat In Fourth Quarter
The fourth quarter saw global shipments of smartphones stall, with unit growth of just 0.1 percent compared to the fourth quarter of...
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2.7KRetailColorado’s Marijuana Industry Tops $6B
The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014....
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3.9KEarningsMoneyGram CEO: 2019 Is The ‘Year Of The Consumer’
Restructuring efforts continue at MoneyGram, and — amid a tougher compliance environment — the company missed Wall Street expectations as sales declined....
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2.9KRetailDunkin’ Deepens Digital Delivery Push Amid Espresso Relaunch
Amid a push to relaunch its espresso offering and open Next-Gen stores, Dunkin’ Brands reported better-than-expected bottom-line results, but fell short of expectations...
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4.0KRetailL’Oreal’s Q4 Sales Exceed Expectations
L’Oréal’s fourth-quarter sales exceeded analyst expectations, allaying fears over how the slowing Chinese economy will affect the beauty industry. Bloomberg reported that...
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2.1KAmazonInvestors Looking For Revenue Rebound When Amazon Reports
With Amazon reporting its earnings tomorrow, the hanging question is whether Q4 will avoid the disappointments that rocked the company’s stock price...
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2.2KB2B PaymentsNew Mexico Lawsuit Sparks Marijuana Business Tax Debate
Paying business taxes is a key source of friction for many legal marijuana companies in the nation, particularly for companies that operate...
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2.0KAppleApple Analyst Predicts Q2 Earnings Will Beat Market Consensus
Despite a warning by Apple CEO Tim Cook about lower revenues for Q1 and disappointing sales of new iPhones and Apple Watches,...
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2.0KAppleThe World Anxiously Anticipates Apple’s Earnings
All eyes are on Cupertino, 24 hours almost to the minute before Apple’s earnings will be reported. Apple faces a very different...
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3.2KRetailLegal Canadian Marijuana Sales Top $40M In First Month
One month after Canada legalized marijuana for everyone in the country, Canadians spent C$54 million ($41 million) on the product, according to...
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5.0KRetailChina To Displace US As Leading Retail Market
China is expected to displace the U.S. this year as the leading retail market around the world. According to eMarketer’s worldwide retail...
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4.0KAppleApple To Drop LCD Displays In Next iPhone Lineup
Apple is expected to get rid of LCD displays for its 2020 line of iPhones, offering completely organic light-emitting diode (OLED) displays....
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7.6KB2B PaymentsBlockchain Tries To Jolt B2B eCommerce Into The Digital Age
The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. While that characteristic...
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4.0KSMBsWhy One-Size POS Does Not Fit All SMBs
From hardware to software, from cash registers to digital wallets, the way commerce is done at smaller firms (SMBs) is changing, especially...
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2.9KInvestmentsAlibaba Shares Fall On Slowing Chinese Economy
Stocks for Alibaba, China’s eCommerce giant, are down 1.7 percent after the president of the company admitted that China’s consumer market is...
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3.5KAppleiWhat? Apple Does A Number On Its Numbers Game
Tim Cook’s recent statement about Apple wearable sales is a reminder of Apple’s mastery of reporting numbers that are not really numbers....
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4.9KAppleiPhone XR Proves Difficult To Sell
Demand has been low and sales have been weak for Apple’s iPhone XR. When it launched in October, Apple had high expectations...
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3.6KAppleGetting To The Core Of Apple’s (And Everyone Else’s) China Issue
Live by the Chinese consumer, die by the Chinese consumer. Apple, of course, is getting cored, on the heels of a surprise...
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3.2KMPOS TrackermPOS Helps In-Flight Payments Take Off
Serving food and drinks to 200 passengers at 37,000 feet in the air used to mean balancing snack boxes in one hand...
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8.8KMPOS TrackermPOS At 37,000 Feet
With the global mobile point of sale (mPOS) market projected to experience a compound annual growth rate (CAGR) of 18.8 percent from...
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5.5KAppleCiti Latest To Lower Q1 iPhone Forecast
Apple was dealt more bad news on Friday (Dec. 28) when Citi Research cut its estimates for iPhone production in the first...
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4.5KAmazonSEC Eyes Amazon Prime Data
Amazon has reportedly refused to disclose information about Prime memberships to the U.S. Securities and Exchange Commission (SEC) after it was asked...
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6.3KeCommerceVW To Debut eCommerce Marketplace For Connected Cars
Volkswagen (VW) is expecting to generate around $1.1 billion in additional revenue by 2025, through the launch of a cloud-based marketplace that will...
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4.4KConsumer FinanceConsumer Credit Default Hits Low For Nov 2018
New data has found that the default levels for bank cards, auto loans and first mortgages have reached their lowest levels of...
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2.9KAppleApple’s Stock Dips As Low iPhone Demand Prompts Price Target Cuts
Apple’s stock was under pressure in trading Thursday (Dec. 6) after two Wall Street firms reduced their price targets on the iPhone...
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3.2KTaxesFacebook, Google Targeted In Revised Franco-German Tech Tax
France and Germany have come up with a compromise for a European Union (EU)-wide digital tax, abandoning a wide-ranging 3 percent tax...
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4.0KAuthenticationHow Authentication Tech Is Stamping Out Illegal eCig Purchases
Water always finds the lowest point — that’s a fact of life. So, too, is this: Underaged consumers will always try, and...
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5.1KRetailChina’s Tourism Lull Tarnishes Tiffany’s Stock
The stock may have rebounded a bit, but the news may linger – and may portend some speed bumps ahead for Tiffany...
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3.4KRetailDick’s Sees Sales Slide, But Profits Hold In Q3
Sales were down in Q3 at Dick’s Sporting goods, as the retailer announced a net sales decline of 4.5 percent year over...
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4.1KRetailBlack Friday Online Spending Jumped 24 Pct From 2017
Black Friday sales soared this weekend, with more Americans choosing to skip the crowds and do the majority of their holiday shopping...
