Sections
sales
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1.5KeCommerceIndia’s Festive Season Fails To Revive Slowing Economy
India’s biggest festive season, which runs from the start of October until the end of November, has failed to revive the economy...
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1.6KRetailBRC Reports 1.3 Pct Drop In September UK Sales
After the British Retail Consortium (BRC) indicated the weakest growth in eCommerce and high street spending since the survey began in the...
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1.6KDeliveryDeliveroo Expansion Triggers Big Revenue Growth, Losses
Food delivery company Deliveroo saw huge revenue growth in 2018, but its losses also grew as it expanded and poured money into...
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1.4KAppleJPMC Boosts Apple Price Target On Strong iPhone 11 Demand
The iPhone 11 rolled out just over a week ago, and Apple CEO Tim Cook told the German newspaper Bild that the...
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2.1KAmazonIndia’s Festive Season Starts Strong For Flipkart, Amazon
Both Amazon and Flipkart announced record sales on the opening day of their annual festive season sales in India. The sales launched...
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2.1KAppleFew Turnout For iPhone 11 Debut In China
Shanghai and Beijing Apple stores were relatively quiet when the new iPhone 11 hit shelves on Friday (Sept. 20), Reuters reported. Previous...
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1.5KRetailAnalyst Boosts iPhone 11 Shipment Forecast
With the help of Chinese consumers, increased demand for new iPhones is coming out ahead of the expectations of one analyst. Ming-Chi...
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1.6KRetailAuto Purchases Boost Retail Sales In August
While purchases of building supplies and new vehicles gave U.S. retail sales a large boost in August, many other stores noted declining...
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4.0KSubscriptionsPeloton’s IPO To Test Subscription Model’s Fitness
Peloton is coming to market with its IPO. A look at the S-1 filing reveals an embrace of the razor/razor blade model...
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3.7KRetailForever 21 Considers Bankruptcy As Mall Sales Decline
One source has revealed that Forever 21 might be filing for bankruptcy. The retailer has been looking into ways to restructure its...
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3.0KInternationalHuawei Expects US Restrictions To Slash Smartphone Revenue By $10B
Huawei said that revenue loss from U.S. trade restrictions will hit it for about $10 billion, which is $20 billion less than...
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2.2KSizzle/FizzleKohl’s Third-Time’s-No-Charm Fizzle
Third time’s no charm. Three quarterly reports, three straight declines in quarterly sales for Kohl’s. Beyond the vagaries and volatility in stock...
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2.8KRetailThe Big Winners (And Losers) Of Retail Earnings Season
As the results from the nation’s most prominent names in retail came rolling in for Q2, one could not help but think...
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1.6KEarningsNordstrom’s Mixed Earnings Enough To Bolster Investors
While Nordstrom’s overall earnings report couldn’t quite be classified as a home run, the better-than-expected results were enough to bolster investors and...
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2.5KRetailRestaurant Industry Sales Projected To Reach $863B In 2019
As more consumers spend a larger part of their budgets on dining, U.S. Census Bureau data noted that sales at establishments for...
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3.4KEarningsAlibaba’s Core Commerce Sales Gain 44 Pct.
Alibaba posted results that topped expectations as eCommerce sales continued to surge by double-digit percentages, and the company made strides in tapping...
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3.0KRetailBoA: Amazon’s Prime Day Boosted Retail Sales In July
A new report has revealed that Amazon’s Prime Day — along with promotions by other retailers — led to a boost in...
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2.4KRetailPrime Day 2019 Was Amazon’s All-Time Biggest Shopping Event
Amazon said this year’s Prime Day was its biggest shopping day ever, even bigger than any previous Black Friday and Cyber Monday...
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2.1KRetailRetailers See Big Rewards From Amazon Prime Day
Initial tallies of data from the 48-hour Amazon Prime Day show that other retailers have seen significant benefits, reporting online sales that...
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1.3KRetailReady, Set, Go: Here Comes 2019 Amazon Prime Day(s)
Only Amazon could alter the meaning of long-established units of time. We at PYMNTS occasionally employ benign exaggeration for journalistic purposes, but...
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1.3KMPOS TrackerHow mPOS Systems Help July Fourth Sales Boom Year After Year
mPOS providers deck out their offerings with features ranging from eCommerce integrations to mobile wallet payment acceptance. But what really matters to...
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2.4KBitcoinBitcoin Daily: Britain Wants Ban On Retail Crypto Sales; Blockchain Firm Uses Bot To Prevent Crypto Scams
The U.K.’s Financial Conduct Authority (FCA) has proposed a ban on retail cryptocurrency sales. The FCA explained that the products are a...
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1.5KRetailWalmart Expands Next-Day Delivery
Walmart is expanding its next-day delivery service before the start of back-to-school shopping season. The retailer is adding more than a dozen...
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3.0KInvestmentsShopify Stock Drops After Analyst Concerns Over Competition
Shopify’s shares fell 8.9 percent on Tuesday (June 25), its biggest drop of the year. The fall comes after its shares more...
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2.7KPayment MethodsCan Legal Pot Thrive With Closed-Loop Payments?
People can say what they will about the wisdom of legal retail sales of marijuana (we here at PYMNTS take no position),...
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6.2KPayments 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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2.7KB2B 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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1.3KSMBsSmall 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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1.3KRetailRetail 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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4.3KAmazonAmazon’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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1.4KEconomyJobs 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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3.4KeCommerceStripe 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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1.6KRetailSamsung 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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1.8KEconomyRetailers 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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2.7KEarningsLowe’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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4.2KRetailUnexpected 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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2.9KInvestmentsAI-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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3.4KEarningsWalmart’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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2.8KEarningsDigital 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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2.5KRetailEtsy 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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1.9KRetailAmazon 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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2.5KRetailDunkin’ 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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1.8KAppleImproved 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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4.1KEarningsApple 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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2.5KEarningsBank 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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3.3KEarningsBlue 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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4.4KPayments 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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2.9KRetailAlbertsons 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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8.3KSecurity & 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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3.7KRetailRite 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...
