Despite an unprecedented early start to the holiday shopping season, the world’s largest delivery service says consumers are unmoved and are holding off until December. “This year we anticipate our volumes will peak later in December compared to last year as we expect consumers will...
New digital tools and supply chain improvements have contributed to a leap in revenue at direct-to-consumer (D2C) lease-to-own and retail home goods seller The Aaron’s Company. During the quarter ended Sept. 30, the company got a boost from operational improvements driven by its centralized lease...
As Adidas officially joins Gap and other businesses and brands in severing ties with the controversial musician turned fashion entrepreneur Kanye West, one unexpected winner is emerging from the ashes of the latest celebrity endorsement deal gone bad: small time, self-made creators. Despite the current...
In the latest edition of PYMNTS’ Provider Ranking of Digital Banking apps, 13 apps have earned a place on this month’s Top 10 list. Highlights from this month’s picks include two leaders that hold down the first ranking slot, two apps that have fallen down...
The chief executive of real estate startup Bilt Rewards says his company has seen its valuation grow fourfold to $1.5 billion following a $150 million equity funding round. In an interview with Bloomberg News Tuesday (Oct. 25), founder and CEO Ankur Jain said Bilt —...
The cost, time and experience upgrade that digital payments promise cross-border senders and receivers may be crystal clear to some, but it hasn’t happened yet. Even though there’s every reason to get it done with all speed, holdouts abound in parts of the world that...
Along with the pressure to speed up digital transformation at the onset of the pandemic, businesses around the world soon realized that the acceleration would need to be accompanied by security-reinforced identity verification and user authentication to fight growing online fraud, while offering users a...
Kroger is making a long-term bet on the growth of eCommerce and Gen-Z consumers via a new grocery delivery partnership with the University of Kentucky. In announcing the new pact, the nation’s largest pure-play grocer said it would drop off online grocery orders to a...
Once hot FinTechs are now facing continued pressure, particularly on the funding front. The business models, by and large, have been propelled less by profits than by customer acquisition. And the question remains as to whether the cash on hand is enough to get through...
