So far, this year’s holiday has been one of superlatives. Record online spending on Black Friday. Record Cyber Monday sales. The most people ever to shop during Thanksgiving weekend. But despite all this fanfare, Black Friday ended up being a disappointment for a number of retailers that depend on that day,...
Families with children constitute the largest group of consumers with merchant or store credit cards — more than millennials, baby boomers, childless couples or high-income singles. Specifically, 63% of this group own at least one of these cards, and almost 15% use them regularly. Traditionally,...
In addition to interest rates and terms, many consumers value the speed with which money becomes available after they apply for a credit product. Reducing the time between application submission, approval and availability of funds when accessing credit products contributes to attracting new customers and...
DoorDash is offering on-demand delivery of consumer electronics from Best Buy. The new partnership marks the appearance of a national consumer electronics retailer on the local commerce platform, DoorDash said in a Wednesday (Nov. 29) press release. “This partnership provides consumers access to Best Buy’s...
Several direct-to-consumer (D2C) brands, such as apparel brand Madhappy, are taking a detour from the original playbook and stepping into the retail arena to weave closer connections with consumers. However, its venture into retail doesn’t entail partnering with an existing retailer to leverage their established...
Payments company PayU plans to go public in India in the second half of next year. Ervin Tu, interim CEO of parent company Prosus, revealed that information Wednesday (Nov. 29) during an earnings call, per a report by Reuters. The company’s half-year earnings show that...
Consumer packaged goods (CPG) companies, through their retail partners, sell scores of items every day that are essentials for individuals and households. In these days of stress and uncertainty, as the holidays loom, it may be no surprise that candy and cookies are top of...
Clara, a Latin American FinTech company, has launched a payment account in Brazil. The new payment account offering complements Clara’s existing range of products, which includes corporate cards and expense management solutions, Reuters reported Tuesday (Nov. 28). With this expansion, clients in Brazil will gain access to...
Lineage Logistics, a major player in the cold storage and logistics industry, is reportedly aiming for a valuation of over $30 billion in its upcoming initial public offering (IPO). The firm and its advisers are engaged in discussions with potential investors to garner support for...
