The customers are still opening their wallets, and using the cards. Results posted by American Express on Wednesday (April 18) showed numbers that topped the Street. The key driver, of course, was customer spending amid a buoyant U.S. economy. The growth in card metrics disclosed by...
Quarter after quarter, Starbucks’ earnings remind everyone why CEO Howard Schultz can, time and time again, call his coffee company the “undisputed leader in mobile commerce.” He confirmed that assertion during the company’s first quarter earnings call with analysts when he revealed that 21 percent of...
If it wasn’t clear enough last quarter what Alibaba’s mobile-centric CEO was focused on, it was surely made clear during the eCommerce giant’s first-quarter earnings release yesterday (Aug. 12). In fact — between the executive team and the analysts’ questions — the term “mobile” was rattled off 107...
During a time when sales can be rocky for most major retailers, Target posted a better-than-expected first quarter earnings yesterday (May 20) — driven by the company’s push to ramp up its product offerings, as well as its investments in its digital initiatives. Growth across...
April 26, 2018
Visa logged double digit growth over several key areas, from overall transactions processed to cross-border volumes. Results topped estimates, and as management noted, debit remains strong -- and so does credit. Europe remains on track...and get ready for the uncluttered eCommerce experience via the recently debuted Digital Commerce initiative.
April 19, 2018
The customers are still opening their wallets, and using the cards. Results posted by American Express on Wednesday (April 18) showed numbers that topped the Street. The key driver, of course, was customer spending amid a buoyant U.S. economy. The growth in card metrics disclosed by the company echo other earnings reported by banks, including Citigroup […]
May 21, 2015
During a time when sales can be rocky for most major retailers, Target posted a better-than-expected first quarter earnings yesterday (May 20) — driven by the company’s push to ramp...
May 20, 2015
Like Target, Home Depot knows all too well that the true cost of a payments data breach won’t be known until long after the dust from the cyberattack settles. While...
May 14, 2015
While Macy’s first quarter revenue projections and sales fell short of expectations, the retailer’s executive team remained bullish on being able to bounce back. Macy’s CEO Terry Lundgren and CFO Karen Hoguet...
