News

Retail
Year-End Surge in Car Sales Expected to End in 2025
January 03, 2025

A surge in U.S. car sales seen at the end of 2024 is reportedly not expected to last into 2025. Driven by a strong fourth quarter, the annualized rate for total car sales in 2024 reached 15.9 million, up from the previous year’s 15.5 million,...

B2B Payments
Silo Busting: Why Businesses Must Fix the Past to Embrace the Future
January 03, 2025

Operational silos, fragmented and disconnected functions within organizations, have long been a roadblock to efficiency and innovation. As 2025 kicks off, the stakes for businesses to dismantle these calcified roadblocks to business process optimization are higher than ever, with the risks of keeping them intact...

Retail
UK Retail Store Traffic Declined 2.5% During Holiday Shopping Season
January 03, 2025

Fewer consumers visited retail stores in the United Kingdom during the holiday shopping season and the entire year of 2024. Compared to the previous year, footfall — the number of people entering a store or shopping area — was down by 2.5% during the three...

News
Beyond Shopping: Malls Seek New Life as Dynamic Destinations
January 03, 2025

Paco Underhill is a name synonymous with the evolution of retail spaces, particularly malls. As an environmental psychologist, retail consultant and the author of “Why We Buy,” Underhill has dedicated his career to understanding the behavior of consumers and how the retail world responds to...

B2B Payments
Boost CEO Sees ‘Second Opportunity’ for Digital Transformation in B2B
January 03, 2025

As 2024 gives way to 2025, the payment landscape is set to pivot from uncertainty to a focus on strategic sophistication. It’s a goal that informed a recent conversation between PYMNTS’ Karen Webster and Boost Payment Solutions founder and CEO Dean M. Leavitt during a...

Payments Innovation
Thredd’s McCarthy: Payments Execs Need to Take a Lesson From NASCAR
January 03, 2025

2025 is here, and the payments industry will navigate uncertainty across regulatory, geopolitical and economic fronts. A new presidential administration will sweep into office, and as Jim McCarthy, CEO of Thredd, told Karen Webster, it’s anyone’s guess how things will shape up. We may see...

Fintech Investments
2025 Debuts With a Platform Plunge as FinTech IPO Index Slides 3.6%
January 03, 2025

The last few trading days bridged two separate years for the FinTech IPO Index, as the last calendar page turned on 2024. And as Thursday’s trading wrapped up, ushering in the first volatile day in the markets for 2025, the overall markets got off to...

Retail
Retail’s Gen Z Playbook: Bridging the Digital Divide In-Store
January 03, 2025

While Amazon and Walmart take a breather and process a fresh influx of returns, we thought we’d take a look into the interplay between online and in-store retail, which has been getting a lot of attention these days. As 2025 begins, what roles will physical...

Retail
Carvana Rejects Hindenburg Research Allegations of ‘Accounting Grift’
January 02, 2025

Hindenburg Research said Thursday (Jan. 2) that it has taken a short position in shares of online car dealer Carvana, alleging a “father-son accounting grift” at the firm. In a report posted Thursday, Hindenburg said that Carvana’s turnaround is a “mirage,” that the company engaged...