by Mike Duff | Jan 7, 2025 | Retail Articles
Business services provider Adobe reported consumers spent $241.4 billion online for the 2024 holiday season of November 1 through December 31, up 8.7% for the period year-over-year. Of the $241.4 billion spent online, 54% came from the electronics category, at $55.3...
by Mike Duff | Nov 19, 2024 | Home + Housewares
Gen Z is leaning on buy-now-pay-later funding to fuel its holiday spending, according to a survey conducted by Dynata for Glassbox, which provides customer intelligence support for banks in the United States. At a time when paying for goods and services is undergoing...
by Mike Duff | Sep 23, 2024 | Retail Articles
As part of its marketplace operation, Klarna has announced it is adding new features to the company’s artificial intelligence-enabled virtual shopping assistant powered by OpenAI. The AI assistant now provides a chat-based shopping experience, helping shoppers...
by Mike Duff | Jan 29, 2024 | Retail Articles
In another expansion of its financing options, Klarna has initiated a subscription service model that the company is calling Klarna Plus, which provides perks for a fee. Issued by WebBank, Klarna Plus is now available to eligible consumers in the United States through...
by Mike Duff | Nov 7, 2023 | Retail Articles
As it expands its business from strictly payments to a shopper assistance approach, Klarna reported that its third-quarter results in the United States include its fourth consecutive period of gross profit, a 46% year-over-year advance in GMV and a 28% improvement in...
