Small and medium-sized businesses (SMBs), which play a crucial role in powering the U.S. economy, are facing increasing difficulties in accessing working capital and other financing. In fact, according to the 2023 PYMNTS report titled “Main Street Health Q2 2023: Credit’s Key Role in SMBs’ Plans,”...
If you know the term “nepo baby,” it might be because of New York Magazine. A cover story by the magazine on the concept went viral late last year, sparking conversations on the phenomenon of famous people with famous parents. Now, New York Magazine (NYM)...
As consumers increasingly turn to eCommerce platforms to get their day-to-day needs met alcohol remains largely left out of the digital shift, leaving a significant opportunity for those that can navigate the tangle of rules and regulations. In an interview with PYMNTS, Zac Brandenberg, co-founder and...
Consumers overall may be increasing their digital engagement with grocers, but Gen Z is bucking the trend, pulling back. By the Numbers Additional research from the survey of nearly 2,500 U.S. consumers behind PYMNTS’ study last month, the “ConnectedEconomy™ Monthly Report: The Urban-Rural Health Divide...
eCommerce giant MercadoLibre could feel a pinch from Brazil’s new tax rules. As Seeking Alpha reported Monday (July 10), Bank of America has lowered its rating on the company with the advent of a rule change that exempts cross-border eCommerce purchases of $50 or less from a 60% tariff...
Tapping or clicking the hashtag #TikTokMadeMeBuyIt will bring users to pages upon pages of videos in which TikTokers show off viral purchases they first discovered on the platform: iced coffee slushy cups, hair gem stampers, live pet axolotls, levitating bulb lamps and beyond. The hashtag...
When it comes to online grocery, consumers are more willing to hop in their cars and pick up their orders than wait around (and/or pay the extra price) for delivery. For the study “12 Months of the ConnectedEconomy™: 33,000 Consumers on Digital’s Role in Their...
Affirm is sunsetting Returnly and transitioning the merchants using that platform to Loop. Returnly, which was acquired by buy now, pay later (BNPL) provider Affirm in 2021 and offers shoppers a self-service online returns experience, will be closed by early October, Affirm said in a Thursday (July 6) blog...
Jenny Craig is poised for a digital comeback as the rise of direct-to-consumer (D2C) enables weight loss brands to find an audience in more targeted ways than ever. As Wellful, an omnichannel health and diet food company behind competing brand Nutrisystem, announced Wednesday (July 5), it has acquired Jenny Craig’s...
