Sections
sales
-
2.2KEarningsAlibaba’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...
-
2.2KRetailBoA: 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...
-
1.9KRetailPrime 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...
-
2.0KRetailRetailers 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...
-
1.1KRetailReady, 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...
-
1.1KMPOS 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...
-
2.2KBitcoinBitcoin 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...
-
1.3KRetailWalmart 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...
-
2.7KInvestmentsShopify 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...
-
2.3KPayment 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),...
-
5.8KPayments 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...
-
2.0KB2B 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...
-
1.1KSMBsSmall 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...
-
1.1KRetailRetail 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...
-
3.2KAmazonAmazon’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...
-
1.2KEconomyJobs 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...
-
3.1KeCommerceStripe 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...
-
1.4KRetailSamsung 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...
-
1.6KEconomyRetailers 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...
-
2.4KEarningsLowe’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...
-
3.6KRetailUnexpected 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...
-
2.7KInvestmentsAI-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...
-
2.7KEarningsWalmart’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...
-
2.3KEarningsDigital 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...
-
2.3KRetailEtsy 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...
-
1.7KRetailAmazon 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...
-
2.3KRetailDunkin’ 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...
-
1.7KAppleImproved 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...
-
3.8KEarningsApple 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...
-
2.3KEarningsBank 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...
-
2.8KEarningsBlue 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...
-
4.2KPayments 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...
-
2.6KRetailAlbertsons 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...
-
7.8KSecurity & 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...
-
3.4KRetailRite 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...
-
3.6KInvestmentsCredit 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...
-
4.3KRetailAnalysts 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...
-
3.0KMobileChinese 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...
-
6.8KMPOS 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...
-
6.1KInnovationRetail, 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;...
-
5.2KEconomyLower-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...
-
4.1KInvestmentsOpendoor 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...
-
7.2KDigital 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...
-
5.6KRetailCan 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...
-
5.5KRetailCostco 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...
-
4.1KRetailLaCroix 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...
-
3.1KRetailFoot 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...
-
5.9KRetailGap 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...
-
6.8KEarningsBitcoin 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,...
-
3.3KEarningsEtsy 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...
