Retail sales

Main Street Small Business Faces Fresh Tests as Recession Looms 
Main Street Small Business Faces Fresh Tests as Recession Looms 
December 23, 2022  |  Economy

Main Street SMBs can take a breather, having shown resilience during a year threatened by recession. The holiday season is winding down; the major gift-giving...

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Amazon and Walmart Market Share Battle Crossed New Lines In 2022
Amazon and Walmart Market Share Battle Crossed New Lines In 2022
December 21, 2022  |  Retail

The epic battle for wallet share between Amazon and Walmart entered uncharted waters in 2022. Tracking the action in the PYMNTS Amazon Versus Walmart report...

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$2.5M in Funding Raised by Nigerian Online Furniture Seller Taeillo
$2.5M in Funding Raised by Nigerian Online Furniture Seller Taeillo
December 21, 2022  |  B2B Payments

Nigerian online furniture store Taeillo now has $2.5 million in funding raised to ramp up production. The Lagos-based investment company Aruwa Capital Management, a female-founded...

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FedEx Earnings Put Discretionary Spending In Spotlight as Package Volume Drops 
FedEx Earnings Put Discretionary Spending In Spotlight as Package Volume Drops 
December 21, 2022  |  Earnings

Declining package volumes in the latest FedEx earnings report stoked new concerns about discretionary spending. This was after the company reported its fiscal second-quarter earnings Tuesday (Dec...

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What Is Buy Now, Pay Later?
What Is Buy Now, Pay Later?
December 21, 2022  |  BNPL

Buy now, pay later (BNPL) is a financing option that allows customers to purchase items and pay for them later, usually with no upfront payment...

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LatAm’s Digital Transformation Opportunity Is Best Viewed as 33 Different Puzzles
LatAm’s Digital Transformation Opportunity Is Best Viewed as 33 Different Puzzles
December 21, 2022  |  Payment Methods

The digital transformation of Latin America is a massive growth opportunity. That is, as long as you don’t treat Latin America as one big place....

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Mastercard’s Aikat: Installments Program Helps SoFi Tailor BNPL to Member Needs
Mastercard’s Aikat: Installments Program Helps SoFi Tailor BNPL to Member Needs
December 20, 2022  |  BNPL

BNPL’s appeal for merchants lies in increasing basket size amid a pressured macro environment.   Mastercard’s Chiro Aikat told Karen Webster that BNPL’s momentum has...

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High Cost of Living Breeds Selective Belt-Tightening
High Cost of Living Breeds Selective Belt-Tightening
December 17, 2022  |  Economy

Everywhere you turn these days, impacts from the high cost of living seem to bombard your senses. Whether it’s small businesses, single moms, CFOs or...

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Retail Sales Data Helps Send FinTech IPO Index 3.5% Lower
Retail Sales Data Helps Send FinTech IPO Index 3.5% Lower
December 15, 2022  |  IPO

Stocks, including those of the FinTech IPO Index, slumped as retail sales data disappointed. As PYMNTS reported Thursday (Dec. 15), retail sales in November declined...

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