Retail sales

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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Nov. Retail Sales Slump 0.6% on Weak Demand for Cars, Electronics, Furniture
Nov. Retail Sales Slump 0.6% on Weak Demand for Cars, Electronics, Furniture
December 15, 2022  |  Retail

Weak demand for big-ticket discretionary items led to the biggest retail sales decline in a year. According to the latest data from the Department of...

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Inflation Rate Eases but Cost of Food and Essentials Remains High
Inflation Rate Eases but Cost of Food and Essentials Remains High
December 15, 2022  |  Economy

The inflation rate may have peaked, but consumer sentiment remains low. The Bureau of Labor Statistics published November’s Consumer Price Index (CPI) Tuesday (Dec. 13)....

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Fast-Fashion Giant H&M’s Sales Reflect New Competition
Fast-Fashion Giant H&M’s Sales Reflect New Competition
December 15, 2022  |  Retail

H&M’s struggles continued this week with sales figures suggesting increased pressure from fast-fashion rivals. The Swedish retailer said Thursday (Dec. 15) that net sales for...

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Today In How We Eat: Starbucks Sweetens Loyalty And Meal Kit Subscriptions Soar
Today In How We Eat: Starbucks Sweetens Loyalty And Meal Kit Subscriptions Soar
September 16, 2020  |  Commerce Connected

Consumers’ appetite for change as to how they feed themselves has been particularly busy of late, pushing Starbucks to sweeten its loyalty offerings to customers...

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