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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. “One million active users is a huge operational achievement, and a testament to the value our users see in our product. It gives user the freedom to shop online and spread four equal payments across six weeks. .

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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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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. “One million active users is a huge operational achievement, and a testament to the value our users see in our product. It gives user the freedom to shop online and spread four equal payments across six weeks. .

Fintech 130
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Pop-Up Shops Fit Trend Toward Smaller Retail Spaces

PYMNTS

Fitz Frames is striving to combine its online and mobile strengths into in-person experiences via pop-up retail shops. Already it has operated a pop-up experience in the Los Angeles areas, CEO Gabriel Schlumberger told PYMNTS, with more such efforts planned for other locations. Smaller Space Trends. Amazon Moves.

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Target Lays Off 40 At Headquarters

PYMNTS

Target , the Minneapolis retailer, has eliminated close to 40 corporate headquarter jobs as part of a massive overhaul of operations. ” The moves came as Target reported the fourth quarter in a row in which sales declines as it struggles to keep shoppers in its stores in the face of competition from online. .”

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Wendy’s Adds Flavor To Ghost Kitchen Movement

PYMNTS

Delivery services, on the whole, have grown 20 percent over the past five years, and online food delivery revenue is projected to hit $24 billion by 2023. Minneapolis restaurant owner Luke Shimp converted the kitchen of his Red Cow Uptown restaurant to the Kenwood Food and Beverage, a virtual food hall that he opened about a month ago.

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Walgreens’ Prescription For Change

PYMNTS

Sales of things like personal care products, cosmetics and various other household goods have been slipping, as consumers are increasingly stocking up online or at alternative retail venues like dollar stores for those types of items. The pair-up will also see some private-label Kroger brands migrating onto Walgreens’ shelves.