Новости за 20.04.2021

In today’s top retail news, BJ’s Wholesale Club has named Bob Eddy as its new president and CEO, while Advance Auto Parts is forecasting comparable-store sales growth amidst demand from DIY and pro shoppers. Plus, lululemon has become part of the secondhand clothing trend with its "Like New" reCommerce division. BJ’s Wholesale Club Names New […]

Some rankings pack in the thrills and spills so much that they might as well be amusement park rides. Others are more resolute, like the latest PYMNTS Provider Ranking of Credit Card Apps. We’ll make short work of this new ranking because frankly, not much happened since we last checked in on this group of […]

Before the pandemic, fear of touching items that others had touched was the near-exclusive purview of germaphobes. Now, living through a pandemic, even those of us who were previously the most oblivious to the contagion risks associated with our daily activities have become aware of the danger. Contactless ordering options have become more popular than […]

San Diego-based Classy, which builds fundraising software for nonprofits, said on Tuesday (April 20) that it has raised $118 million in venture funding. In a press release, the “social enterprise” said it would use the cash to “double the size of its product and engineering organization over the next two years to meet rising demand.” […]

WeWork has begun accepting some forms of cryptocurrency for inbound and outbound transactions, the shared office space provider announced on Tuesday (April 20). Working with the crypto payment service provider BitPay, WeWork will accept bitcoin, Ethereum, USD Coin, Paxos and numerous other cryptocurrencies as payment for its services, while also holding the currency on its […]

United Airlines reported that Q1 2021 operating revenue was down 66 percent from Q1 2019, although the air carrier reported improved average core cash burn from the previous quarter. To that end, the company reported a Q1 2021 average core cash burn of $9 million daily, marking an improvement of approximately $10 million daily compared to […]

Facebook-backed digital currency project Diem could launch its first stablecoin in 2021 as a small-scale pilot, CNBC reported on Tuesday (April 20), citing sources. The Silicon Valley social media giant moved to roll out a digital currency — Libra — in June 2019 that Facebook had hopes of being a universal currency. The concept faced backlash from international […]

It was a good third financial Q3 for Australian buy now, pay later (BNPL) pioneer Afterpay, as confirmed when its North American earnings went out over the wires on Tuesday morning (April 20). Underlying sales were up 123 percent year on year in the quarter ending March 30, 2021 (Q3 FY21). Based on that performance, […]

If there's one thing we can all agree on, it's that the payments landscape has been utterly transformed in the past year. Todd Clark, president and CEO of CO-OP, dives into how credit unions can tap into that transformation by thinking less about “life stage” and more about “lifestyle” when serving their members. Read more […]

Chargebee, a subscription billing and revenue management platform, has reeled in an additional $125 million in venture funding. The Series G round was co-led by new investor Sapphire Ventures and existing investors Tiger Global and Insight Venture Partners, and existing investor Steadview Capital also participated, Chargebee said in a Tuesday (April 20) press release. The company said the […]

Six months after the rollout of its sweeping corporate sustainability agenda, the yoga and athletic apparel retailer lululemon has unveiled its first-ever venture to resell gently used clothes. In announcing its “Like New” reCommerce initiative, the retailer will join a growing movement within the apparel and footwear industry to reduce waste and extend product life, […]

Shahmir Khaliq, global head of Treasury and Trade Solutions for Citi, says that in order to succeed in today's quickly digitizing payments landscape, merchants must focus on delivering in three key areas: choice, convenience, and speed. Find out why in The Connected Economy’s Power Source – CEO Edition. Characteristics Of A Burgeoning Digital Economy In today’s highly […]

The country’s largest auto retailer said Tuesday (April 20) that rising new and used vehicle prices as well as its lucrative parts and service and financing businesses combined to deliver AutoNation’s most profitable quarter ever — the fourth time in a row that it has set a new record. For the three months ending March […]

At a time when online shopping has surged to represent almost 20 percent of total retail sales, fueled by the ubiquity of free shipping and free returns, San Francisco-based startup TryNow is challenging industry norms and transforming consumer behavior by allowing customers to try on their purchases at home to decide if they want to […]

BJ’s Wholesale Club has named Bob Eddy as its new president and chief executive officer, according to an announcement. “Looking ahead, the Board and I are confident that Bob is the right person to lead the Company and to drive profitable growth and long-term shareholder value,” Christopher J. Baldwin, executive chairman, BJ’s Wholesale Club, said […]

Amid formidable demand from DIY shoppers and professional customers, Advance Auto Parts said it anticipates comparable-store sales growth to be between 22 percent and 24 percent for the first quarter of 2021, according to a Tuesday (April 20) announcement. The aftermarket auto parts retailer expects the adjusted operating income margin rate to be between 8.5 […]