If this is TikTok’s last Christmas in America, it’s not going out quietly. The social media platform’s shopping arm, TikTok Shop, has seen heavy levels of consumer spending so far this holiday shopping season, Reuters reported Saturday (Dec. 7), citing its own analysis of spending...
Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Walmart reported record sales for its third-party Marketplace during the early holiday shopping season, with the period from Nov. 25 to Dec....
Sovos says it saw “record-breaking” tax processing performance on Black Friday/Cyber Monday sales. The compliance company announced Thursday (Dec. 5) that it had processed taxes on close to 300 million items just on those two days, out of the more than 16 billion it processes each year. According...
America’s biggest retailers kicked off the holiday shopping season with record spending. However, the actual number of people shopping during the Thanksgiving-to-Cyber-Monday stretch declined slightly this year, according to data published Tuesday (Dec. 3) by the National Retail Federation (NRF). Still, the 197 million people who shopped this year...
December 06, 2024
Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Walmart reported record sales for its third-party Marketplace during the early holiday shopping season, with the period from Nov. 25 to Dec. 2, including Cyber Monday, marking its highest-ever sales day and […]
November 01, 2024
Walmart and Amazon are both ramping up their strategies for Black Friday and Cyber Monday, seeking to capture consumer interest during the holiday shopping season. Walmart’s Black Friday events will...
December 05, 2023
’Tis the season … … to puzzle out how to get everyone on your list, well, satisfied. Without breaking the bank. PYMNTS Intelligence data, headed into the holiday shopping frenzy...
December 30, 2020
The pandemic has heaped financial hurt on millions of consumers globally, prompting them to trim their shopping lists and seek flexible ways to make purchases. Evidence reveals that these habits...
December 17, 2024
Visa’s artificial intelligence (AI) and machine learning capabilities enabled it to block 85% more suspected fraud globally on Cyber Monday compared to a year earlier. It did so at a time when suspected fraudulent transactions at physical and digital stores rose by 200%, due in part to fraudsters’ use of AI, the payments technology company […]
December 08, 2024
If this is TikTok’s last Christmas in America, it’s not going out quietly. The social media platform’s shopping arm, TikTok Shop, has seen heavy levels of consumer spending so far...
December 05, 2024
Sovos says it saw “record-breaking” tax processing performance on Black Friday/Cyber Monday sales. The compliance company announced Thursday (Dec. 5) that it had processed taxes on close to 300 million items just on...
December 04, 2024
America’s biggest retailers kicked off the holiday shopping season with record spending. However, the actual number of people shopping during the Thanksgiving-to-Cyber-Monday stretch declined slightly this year, according to data published Tuesday...
