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PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

PYMNTS

Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. Retailers] are seeing double-digit higher conversion rates when an extended warranty is shown – not on the extended warranty, but conversion rates on the product itself,” Levin said. “We

Online 334
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Amazon Focuses On Fulfillment After Another Record-Setting Quarter

PYMNTS

Amazon earnings announcements in 2020 have become an exercise in financial superlatives. It was almost a given that the company would post another such exercise for the third quarter as the pandemic has driven consumers online, 44 percent of which it lays claim to. It did not disappoint. In Q2, Amazon set aside “$4.0

Exercises 135
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‘reCommerce’ Marketplaces Eye Sustainability, Partnerships

PYMNTS

While the company made much progress on pricing automation , Wainwright noted that it also exercises human oversight to ensure that it capitalizes on market opportunities. Retail Partnerships. Each pair of jeans was reportedly chosen by hand, washed, refurbished and sold in some of the retailer’s stores for $50 per pair.

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ClassPass CEO On Getting The Fitness Industry Back Into Fighting Shape

PYMNTS

But CEO Fritz Lanman of ClassPass , a platform for online and in-person fitness classes, told Karen Webster that digital offerings have partly filled a hole — albeit not completely — for consumers unable to get to their gyms. What we are hearing from our customers is that they’re dying to go back to studios,” Lanman said. What’s Next.

Industry 207
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When Merchants Don’t Change But Shoppers Do

PYMNTS

Mondays can be rough, but at Vestis Retail Group, the start of the work week signaled a different kind of end entirely. While Eastern Mountain Sports and Bob’s Stores will likely be absorbed by Vestis’ parent organization, private equity firm Versa Capital Management, Sport Chalet’s 46 stores are in no such luck.

Retail 100
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What if it’s a perfect storm? Stronger evidence that insurers should account for co-occurring weather hazards

BankUnderground

By better modelling how this relationship might raise insurers’ capital risk we can more firmly argue that insurers’ model assumptions should account for key dependencies between perils. Taking whole years, we investigated how the level of capital required to remain solvent is affected. Error bands are 95% confidence. (b)

Capital 84
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Bankers: Here's What We Do

Jeff For Banks

We offer an online portal where clients can view their reports down to the general ledger level. If you want the head of commercial lending or retail banking to take ownership of the continuous improvement of their spreads so the bank can improve its net interest margin, you must first measure it.

Groups 85