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Tax Season Helps Green Dot to Beat Q1 Revenue Estimates

PYMNTS

Direct deposits, new products and tax refunds helped Green Dot beat revenue expectations for the first quarter of 2018. A “material contributor” to growth in the first quarter included the new branded prepaid card for TurboTax customers, CEO Steve Streit said on the post-earnings conference call Wednesday. The company processed 8.75

Taxes 100
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SmileDirectClub Aims To Boost Growth Via Healthcare Partnerships

PYMNTS

SmileDirectClub shipped 115,042 unique aligners over the fourth quarter in comparison to 76,372 a year prior. It foresees adjusted loss before interest, tax, depreciation and amortization in the range of $50 million to $75 million. The company’s marketing and sales expenses increased more than two times to reach $141.1

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Dollar Tree May Close Up To 390 Family Dollar Stores

PYMNTS

As it stands, Dollar Tree plans to convert roughly 200 of those stores to its eponymous brand, while closing as many as 390 locations. billion net loss in comparison to a $1.04 However, the report noted that a tax benefit had bolstered the company in that prior time.). And the retailer had a $2.31

Retail 109
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Modernizing the Health Plan Business Process

Perficient

Implement self-service quoting and plan comparison tool for small group fully insured employers, with lead capture and quote to cart capabilities. Replace paper-based processes for submitting tax forms, providing payment, and signature. Digitize the group set-up workflow when business has closed. We think our clients should, too.

Groups 294
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Why Target Crushed Holiday Sales While Nordstrom And Urban Outfitters Flopped 

PYMNTS

By brand, comparable sales fell 12 percent at Anthropologie and 8 percent at Urban Outfitters. Nordstrom also said in a statement that it expects shipping surcharges and “premium pay related to the holiday season” to contribute to anticipated weaker year-over-year earnings before interest and taxes for its fiscal fourth quarter.

Retail 153
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Saving Main Street: Advocacy Groups Propose New Government Relief Programs

PYMNTS

In comparison, small businesses selling similar products were forced to close. In Washington State, Frey said that “for every $1 it invests in a Main Street program, there is a $13 return to the public coffer” in the form of taxes and fees. Government agencies would lend at 1 percent, branding the program “One for America.”. “In

Maine 142
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Data Dive, The Bad, The Worse And The Ugly Edition: Store Closures, Coronavirus And Bitcoin

PYMNTS

By comparison, 2019 saw 9,200 stores closed as brands like Payless ShoeSource, Fred’s, Gymboree, Charlotte Russe, Family Dollar, Forever 21 , Charming Charlie, Sears, Kmart, A.C. And of course, the new year is roughly only a month old. Moore and GameStop either closed down entirely via bankruptcy or radically reduced their footprint.

Bitcoin 132