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Crypto Trading Volumes Hit Record $68.3 Billion On Monday

PYMNTS

4) alongside volatility in highly leveraged futures markets before recovering losses. PYMNTS reported that this has the potential to make the coins more expensive, keeping them out of the hands of retail investors. Bitcoin had seen a string of days in which it continually broke records, passing $20,000 on Dec.

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Wayfair’s Q1 Sales Surge As Consumers Shop From Home

PYMNTS

Online retail giant Wayfair saw its sales surge in the first quarter of 2020, even while its net loss grew. The company’s net loss, however, grew to $285.9 million, compared with a net loss of $200.4 In first-quarter earnings, which Wayfair reported today, the retailer said it delivered 9.9 million to $2.3

Sales 52
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The RealReal Tops $1B In GMV In 2019

PYMNTS

reported a contribution profit per order of $19.72 She said the company also “made significant progress on our path to profitability, as our adjusted EBITDA margin improved by 540 basis points year on year, while making significant investments that position us to capitalize on the massive opportunity in front of us.”.

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Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market

PYMNTS

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. billion leveraged buyout in 2013.

Retail 55
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Lesara’s Agile Approach To Fashion Retail

PYMNTS

Berlin-based fashion retailer Lesara prides itself on thinking differently about apparel and being on trend. It calls its approach “agile retail” and it believes something different about who should set the course when it comes to deciding what is “in.” Agile retail is a model that will free us from time-consuming fashion shows.

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To Stem Losses, Papa Murphy’s Closes Stores, Adds Delivery To The Menu

PYMNTS

We have a clear opportunity to reduce short-term losses while giving new owners a more profitable portfolio of stores from the start,” said interim CEO and board Chairman Jean Birch. The 1,500-store chain believes this will boost annual EBITDA by about $1 million. “We

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SaaS Platform Kount Partners With Verifi To Help Firms Minimize Disputes, Fraud

PYMNTS

Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company.