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Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

PYMNTS research on consumer shopping habits showed that 24 percent of all consumers say they have taken at least one of their routine shopping activities online and do not plan to revert to shopping in stores for this activity, even after the pandemic is over. More consumers are going online to shop and pay as the pandemic progresses.

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3M Anti-Counterfeit Campaign Targets Respirator Knockoffs

PYMNTS

The Minneapolis-based giant said on Monday (Oct. million counterfeit respirators that were being falsely marketed as made by 3M. In addition, the company said it has set up “online resources” to help hospitals and other customers to identify authentic 3M respirators and ensure that sales agents are authorized distributors.

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Buy Now Pay Later Startup Sezzle Tops 1M Active Customers

PYMNTS

Founded in 2016 and headquartered in Minneapolis, Sezzle’s buy now, pay later (BNPL) payments platform is in the U.S. It gives user the freedom to shop online and spread four equal payments across six weeks. . BNPL providers are seeing market growth and new funding opportunities. 10) that it topped 1 million active customers. .

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Today's Top Retail News: Holiday Spending Looks Flat; Target Meets Amazon Prime Challenge

PYMNTS

The move comes after the prior introduction of contactless curbside pickup and buy online, pick up in store (BOPIS) earlier in 2020, according to a Tuesday (Sept. Consumers in certain ZIP codes can shop online and choose the same-day delivery selection at checkout for eligible products. 29) announcement. said on Tuesday (Sept.

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FinTech Startup Sezzle Tops 1M Active Customers

PYMNTS

Founded in 2016 and headquartered in Minneapolis, Sezzle’s buy now, pay later (BNPL) payments platform is in the U.S. It gives user the freedom to shop online and spread four equal payments across six weeks. . BNPL providers are seeing market growth and new funding opportunities. 10) that it topped 1 million active customers. .

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Warehouse Space Going For Premium Rates

PYMNTS

Brick-and-mortar merchants are far from being free from the problems that plague their particular brand of retail, but even they have to look at online retail rising rents for warehouse space with a little bit of mirth. Of the 57 major retail markets studied, 37 of them posted decreases to warehousing availability.

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Upsie Raises $5M For Revamped Warranty Program

PYMNTS

Minneapolis, MN-based Upsie will use the new funding to revamp its service, which aims to offer warranties for 70 percent less than retailers typically do. “If In addition, the company provides more flexible options for ordering, tracking and claiming against warranties, which is a $40 billion annual market.