In an industry that’s currently being pinched by pricing and held back by headwinds, a growing appetite is emerging among consumers and investors for something new and different that can serve as an antidote to the present gloom. Oddly, that “new thing” may actually turn...
Once thought of as just a fad, cryptocurrencies are gaining, well, currency as a conduit for mainstream commerce. BitPay CEO Stephen Pair, PacSun CEO Michael Relich and Verifone Head of Advanced Payment Methods Jeremy Belostock told PYMNTS’ Karen Webster that merchants need to heed the...
In today’s top retail news, increased memberships at Planet Fitness and slowing growth at Peloton suggest in-home fitness may be a pandemic fad for some consumers, while retailers look for ways to combat abuse of their return policies and promotions. Also, Pinterest said it’s fine...
Pacsun is introducing a dedicated store for kids and just launched its first location at the Mall of America, the largest mall in the U.S. located in Bloomington, Minnesota, according to a Friday (Nov. 5) press release. The American retail clothing brand is moving to grow...
August 10, 2023
For consumers who can get credit, they’re racking up a ton of it. The most recent quarterly report from the Federal Reserve on household debt indicates that credit card balances have exceeded $1 trillion. The data reveals a $45 billion uptick in balances in the second quarter of 2023 from the prior quarter. Read more: Credit […]
October 14, 2021
Nearly one in five Americans, or 46 million consumers, say they would be likely to make a purchase with cryptocurrency, with over half of current or former cryptocurrency owners coming...
November 05, 2021
Pacsun is introducing a dedicated store for kids and just launched its first location at the Mall of America, the largest mall in the U.S. located in Bloomington, Minnesota, according to a Friday (Nov. 5) press release. The American retail clothing brand is moving to grow its in-store presence with a dedicated branch of Pacsun Kids […]
October 05, 2021
Youth fashion retailer Pacsun will accept bitcoin and other cryptocurrencies using 10-year-old blockchain payment provider BitPay, according to a Tuesday (Oct. 5) press release. Since cryptocurrency is a growing trend...
