Shopify has introduced Shopify Finance, a hub housing all of the eCommerce platform’s financial solutions. “Practices like rigid repayment terms, credit history requirements, or months-long loan approvals have stifled innovation for too long,” the company said Tuesday (Oct. 29). “That’s why, for years, we’ve enabled entrepreneurship with powerful...
As the holiday season approaches, consumer shopping habits are shifting to earlier purchases and retailers are scrambling to get ready for what may be a blockbuster fourth quarter. As consumer shopping habits evolve, the Black Friday to Cyber Monday (BFCM) weekend is projected to set...
The National Retail Federation (NRF) says the holiday shopping season got off to a strong start. The federation’s Retail Monitor, produced in tandem in CNBC and released Monday (Dec. 11), showed retail sales making strong gains, the organization said in a news release. “November Retail Monitor data...
Before the start of the holiday shopping season, market research data suggested there would be generalized cost cutting across all spending categories and demographic groups. Consumers were expected to be stretching their budgets, but despite widespread inflation, Black Friday saw a spending surge. Now, data...
November 01, 2024
Walmart and Amazon are both ramping up their strategies for Black Friday and Cyber Monday, seeking to capture consumer interest during the holiday shopping season. Walmart’s Black Friday events will unfold in three phases. The first event begins online on Nov. 11 at noon ET for Walmart+ members, with general access at 5 p.m. ET, […]
December 05, 2023
’Tis the season … … to puzzle out how to get everyone on your list, well, satisfied. Without breaking the bank. PYMNTS Intelligence data, headed into the holiday shopping frenzy...
November 29, 2023
The latest report from the Bureau of Economic Analysis, released on Wednesday (Nov. 29), noted the U.S. economy grew 5.2% annualized, as measured in the third quarter. That’s up from...
November 17, 2023
As Thanksgiving approaches, brands and retailers are pulling out all the stops to gobble up hesitant consumers’ inflated dollars, and Amazon and Walmart are no exception. However, this time, the...
October 29, 2024
Shopify has introduced Shopify Finance, a hub housing all of the eCommerce platform’s financial solutions. “Practices like rigid repayment terms, credit history requirements, or months-long loan approvals have stifled innovation for too long,” the company said Tuesday (Oct. 29). “That’s why, for years, we’ve enabled entrepreneurship with powerful financial offerings so merchants don’t have to depend on lengthy, […]
December 11, 2023
The National Retail Federation (NRF) says the holiday shopping season got off to a strong start. The federation’s Retail Monitor, produced in tandem in CNBC and released Monday (Dec. 11), showed...
December 01, 2023
Retailers are reportedly expressing optimism for the holiday season sales following stronger-than-expected figures during Black Friday and Cyber Monday. The heavy discounts offered during these peak shopping days attracted budget-strained...
November 29, 2023
So far, this year’s holiday has been one of superlatives. Record online spending on Black Friday. Record Cyber Monday sales. The most people ever to shop during Thanksgiving weekend. But despite all this fanfare,...
