In the first quarter, Rent-A-Center worked through a changing marketplace as the COVID-19 pandemic wanes and managed to beat Wall Street estimates even if earnings stumbled. Net loss was $4.2 million, or eight cents per diluted share, versus net earnings of $42.6...
Buy now pay later provider Affirm and second-hand specialist Poshmark have extended and expanded their partnership in a two-year deal to deliver increased payment flexibility to shoppers, the companies have announced. With younger shoppers interested in reused goods...
According to the Salesforce 2021 Holiday Shopping Report, consumers spent $1.14 trillion online globally and $257 billion in the United States in 2021, compared to $1.1 trillion and $236 billion respectively in 2020, according to Salesforce. In its report, Salesforce...
Michaels has added Affirm payment at online checkout, allowing eligible customers to purchase on a buy-now-pay-later basis. Available on Michaels.com now, Affirm payment will launch at the retailer’s store across the United States in the coming months, the two...
Shopping rewards provider Rakuten has struck a deal with buy now pay later operator Afterpay to offer retailers the ability to combine cash back and BNPL purchasing as a shopper incentive. Rakuten announced that consumers shopping with participating merchants such as...
