Sections
sales
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2.2KPayments As A ServiceHow To Build A High-Performing Platform Payments Fraud Team
In recent years, no type of business has expanded globally at the pace and scale of digital platforms. If there is a...
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507B2B PaymentsWESCO Partners With Plug And Play On B2B Accelerator
WESCO International has announced that WESCO Distribution has partnered with Silicon Valley-based startup Plug and Play to launch their newest accelerator, B2B Sales...
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408SMBsSmall Business Optimism Rises To Historic Highs
New data showed that small business optimism rose 1.5 points to 105 in May, surpassing pre-shutdown levels. According to the National Federation...
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584RetailRetail Sales Grew 0.5 Pct In May
With results that implied a pickup in consumer spending, retail sales in the U.S. rose in May and sales for the month...
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1.4KAmazonAmazon’s Share Of Total eComm Sales: Now 37 Percent?
New estimates from eMarketer say that Amazon’s share of the U.S. eCommerce market is far below previous projections. According to reports in The Information, eMarketer has lowered...
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849EconomyJobs Number Shows Trade War Hitting Home?
The headline numbers are these: The latest jobs report shows that 75,000 jobs were created in the United States last month. A slew...
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2.2KeCommerceStripe Says SCA Puts Billions Of Online Sales At Risk
Amazon, Worldpay, and Stripe — the eCommerce and payment companies — are expressing concern that a lack of preparedness by the industry to...
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1.1KRetailSamsung Eyes Smartphone Sales Growth In India
With a new array of budget-friendly devices, Samsung Electronics is looking to double its online sales of smartphones in 2019 to reach...
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1.4KEconomyRetailers In Britain Say Sales Are The Worst In 10 Years
A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month...
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2.0KEarningsLowe’s Sees Online Sales Rise 16 Pct.; Shares Hit By High Costs
Lowe’s reported its Q1 earnings on Wednesday (May 22), and the results were mixed – the company’s online sales were up 16...
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3.1KRetailUnexpected eCommerce Boost Pushes Earnings Beat For Target
Target notched an impressive beat when it reported its Q2 earnings earlier this morning (May 22), with earnings and sales both clearing...
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2.1KInvestmentsAI-Driven Sales Startup People.ai Raises $60M In Funding Round
An artificial intelligence (AI)-driven predictive sales startup called People.ai has raised $60 million in a funding round, and has attracted some of...
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2.2KEarningsWalmart’s Q1 Earnings Driven By Grocery, eCommerce
Despite a recent string of disappointing news updates out of the retail sector, Walmart managed to surprise investors with better-than-expected earnings when...
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1.9KEarningsDigital Delivers An Earnings Beat For Macy’s
Today’s news is something of a departure from the more mournful tone of Macy’s Q4 earnings release, when a holiday shopping season...
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1.9KRetailEtsy Hits 41M Active Buyers In Q1
With a push to improve search and discovery on its platform, Etsy beat analysts’ earnings estimates for the first quarter, but fell...
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1.5KRetailAmazon Helped SMBs Earn More Than $160B In 2018
In the digital age, Amazon has reportedly aided millions of small businesses in flourishing. The eCommerce retailer claims it has helped 1.9...
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1.8KRetailDunkin’ Runs On Mobile Innovation In Q1
With efforts to bring convenience to its guests through mobile technology, Dunkin’ Brands reported first-quarter results that beat analysts’ top-line and bottom-line...
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1.5KAppleImproved Trade Talks Boost Apple Business In China
Apple CEO Tim Cook said that improved relations and trade talk progress between the U.S. and China have bolstered the company’s prospects...
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2.4KEarningsApple Earnings Soar, While iPhone Declines Continue
With a top and bottom line beat, a stock buyback and stronger than expected guidance for Q3, there was a lot for...
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2.0KEarningsBank Upgrades, Worldpay Buy Fuel FIS Q1 Growth
Fidelity National bested first quarter estimates on the heels of transaction growth and increased spending by banks as they embraced upgrades to...
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2.2KEarningsBlue Apron Achieves Profitability Under New CEO
Blue Apron continued to shed customers in the first quarter of 2018, but it reported a smaller net loss for the period...
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3.8KPayments As A ServicePayments 2022: Why Payments Is Make-Or-Break For Digital Platforms
The last decade has seen the emergence of a new generation of fast-growing, multinational businesses. Digital platforms — fueled by the convergence...
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2.4KRetailAlbertsons 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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7.2KSecurity & 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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3.1KRetailRite 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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3.2KInvestmentsCredit 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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3.9KRetailAnalysts 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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2.9KMobileChinese 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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6.5KMPOS 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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5.7KInnovationRetail, 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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5.0KEconomyLower-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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3.6KInvestmentsOpendoor 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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6.8KDigital 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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5.2KRetailCan 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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5.0KRetailCostco 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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3.7KRetailLaCroix 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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3.0KRetailFoot 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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5.5KRetailGap 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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6.5KEarningsBitcoin 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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3.1KEarningsEtsy 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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4.3KB2B 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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3.8KEarningsEarnings 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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3.2KRetailGlobal 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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3.1KRetailColorado’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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4.3KEarningsMoneyGram 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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3.1KRetailDunkin’ 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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4.4KRetailL’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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2.2KAmazonInvestors 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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2.3KB2B 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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2.2KAppleApple 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,...