article thumbnail

Costco Wholesale Broadens Online Selection Amid eCommerce Growth

PYMNTS

Amid growth in its eCommerce sales and online selections, Costco Wholesale Corporation beat analysts’ estimates for earnings , but fell short on top-line revenues for the second quarter. For buy-online-pick-up-in-store, Galanti said Costco has expanded its selection within categories such as handbags, electronics and jewelry.

Online 130
article thumbnail

Glossier Brings Shops To Nordstrom

PYMNTS

The beauty brand has launched pop-up shops in cities such as Austin, Miami, Boston and London, but its success has primarily been in online sales of its lotions, lash products and soft, pink-colored lip balms since its 2014 inception. fragrance sales.”. fragrance sales.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

David Beckham Scores With Guild Esports IPO

PYMNTS

Beckham, co-owner of Major League Soccer team Inter Miami CF, owns nearly 5 percent of Guild. Blue Star Capital, Pioneer Media Holdings and Toro Consulting are the major shareholders. In 2019, more than 440 million viewers watched people play games online. The global esports market is currently valued at $1.1

New York 140
article thumbnail

How Swap.com Kept Fraudsters From Ruining Christmas

PYMNTS

Experts predicted that online commerce over the holidays would increase 35 percent from the previous year, while brick-and-mortar retail sales were expected to decline by 4.7 percent — a large jump even considering the gradual, long-standing trend toward increased online commerce. It turns out there was a big data breach. …

Fraud 143
article thumbnail

Sweetgreen Closes $150M Funding Deal On A $1.6B Valuation

PYMNTS

Restaurant disruptor sweetgreen raised $150 million in a new funding round co-led by Lone Pine Capital and D1 Capital Partners, sweetgreen said in a press release on Monday (Sept. The company believes that mobile dining is the future of food; more than 50 percent of its customers place orders online. .

Denver 116
article thumbnail

New RadioShack Owner Looks To Turn 'Fallen Angels' Into eCommerce Stars

PYMNTS

When Miami-based Retail e-Commerce Ventures (REV) recently announced that it purchased the remains of twice-bankrupt RadioShack , it wasn’t some one-off strategy to acquire distressed assets for pennies on the dollar. Re-Inventing for Online. Instead, it was the latest move in a business model that the company has long followed.

Branding 254
article thumbnail

Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”.

Company 130