Retail sales

Brick-and-Mortar Shoppers Struggle to Find Buy Now, Pay Later Options
Brick-and-Mortar Shoppers Struggle to Find Buy Now, Pay Later Options
May 23, 2024  |  Buy Now Pay Later

As consumers look for ways to manage their spending, in-store shoppers are unlikely to have the option to pay using buy now, pay later (BNPL), even as...

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TJX: Bargain Shoppers Want ‘Excitement’ From Their Retail Experiences
TJX: Bargain Shoppers Want ‘Excitement’ From Their Retail Experiences
May 22, 2024  |  Earnings

As consumers continue to spend cautiously, TJX is seeing bargain shoppers seek the surprise and delight of its stores’ luck-of-the-draw format, bringing joy in a financially stressful time....

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Target: Consumers’ Splurges on Experiences Cut Into Discretionary Retail Budgets
Target: Consumers’ Splurges on Experiences Cut Into Discretionary Retail Budgets
May 22, 2024  |  Earnings

As consumers look to balance their desire to treat themselves with ongoing economic concerns, Target is seeing shoppers’ shift to discretionary spending on experiences negatively impact their budgets for nonessential...

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Google Pay Expands BNPL and Says Goodbye to the CVV With Biometrics 
Google Pay Expands BNPL and Says Goodbye to the CVV With Biometrics 
May 22, 2024  |  Google

A week after Visa threw down the payments gauntlet with a series of announcements that merged the physical and digital worlds, Google took its turn...

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Lowe’s Targets Smaller Pros for Bigger B2B Growth
Lowe’s Targets Smaller Pros for Bigger B2B Growth
May 21, 2024  |  Earnings

The home improvement sector is getting its affairs in order while eyeing a macro improvement. That’s the news from home improvement retailer Lowe’s, which cited softer...

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Department Stores Aim to Attract Gen Z and Millennials
Department Stores Aim to Attract Gen Z and Millennials
May 20, 2024  |  Retail

Macy’s, Kohl’s, Nordstrom and other department stores are reportedly facing a pressing challenge in attracting younger customers. The rise of social media, specialty retailers, big-box stores and online...

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Why Gen Z Shops Merchants That Offer Pay Later Plans
Why Gen Z Shops Merchants That Offer Pay Later Plans
May 16, 2024  |  Consumer Finance

Pay later plans have gained value since they offer consumers flexibility and better spend management. PYMNTS Intelligence reveals consumers’ preferences for these plans, particularly around...

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Klarna and Nets Team on BNPL for Nordic eCommerce Merchants
Klarna and Nets Team on BNPL for Nordic eCommerce Merchants
May 15, 2024  |  Buy Now Pay Later

Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can...

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As Consumers Pause Spending in April, Is Summer Slowdown Looming for Merchants?
As Consumers Pause Spending in April, Is Summer Slowdown Looming for Merchants?
May 15, 2024  |  Economy

It remains to be seen if April will be the pause that refreshes or if consumers will pinch their wallets shut for a longer period, ushering in summer doldrums for...

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