Financial
Chase Bank Could Replace Goldman Sachs As Apple Card Partner, Says Report
Apple Card will soon have a new banking partner.
Financial
Financial
The Hows And Whys Of Offering Consumer Finance Options
Sometimes a consumer's eyes – and needs – are bigger than their budget. Why, how, and should consumer technology retailers offer their customers affordable...
Sponsored
Katapult Lease-To-Own: ‘Retailers, Don’t Leave Money on the Table’
Consumer tech dealers can incrementally increase their bottom lines by 3%-10% by selling to customers turned down for financing
Sponsored
Katapult Reinvents Turnkey Lease-To-Own Program For Retailers
Consumer tech dealers can incrementally increase their bottom lines by 3%-10% by selling to customers turned down for financing
Buying Groups
Nationwide Partners With “Buy Now, Pay Later” Powerhouse Zip
Zip brings access to nearly 10 million customers and lower negotiated member rates to Nationwide dealers
Financial
Klarna Partners With FreedomPay In Time For The Holidays
US retailers live with FreedomPay can immediately offer a more convenient, flexible in-store checkout experience with Klarna
Financial
Acima Unveils Lease-to-Own Anywhere Virtual Payments Card
Industry’s first LTO card powered by the Mastercard network enables consumers with or without credit to lease eligible goods at participating Acima merchants
Financial
Infographic: 87 Million Americans Have Had Smartphone Damage In The Past Year
Allstate Protection Plans survey finds smartphone owners underestimate both the likelihood they will damage their phone and the cost of repairs
Financial
STORIS, Kornerstone Credit Partner To Expanding Lease-To-Own Options
“No credit needed” program expands consumer accessibility to furniture, bedding, and appliances
Blogs
Why 20,000 Shareholders Is a Good Thing
As a founder, it is very important to maintain a “clean” (or an accurate and up-to-date) cap table at all times
Financial
Venture Capital vs. Equity Crowdfunding: Which Is Better For Your Business?
It’s important for entrepreneurs to understand how investors are reacting to the COVID-19 pandemic
Financial
Openpay Appoints U.S. Executive Team
Australian “buy now, pay later” provider commences U.S. market launch
Financial
Why 55% Of Remote US Workers Could Face An Unexpected Tax Liability, And How It Can Be Avoided
More than half of Americans who have worked remotely due to coronavirus could fall foul of not updating their state tax withholding
Buying Groups
BrandSource Launches ‘Apply & Buy’ Consumer Credit Program With Citi
On-the-spot approval gives independent dealers online payment parity
Distributors
Almo Professional A/V Launches Almo Financial Relief Alliance
Alliance in Partnership with Almo Manufacturing Vendors;Offers Additional 30 Days of Extended Credit to Qualified Resellers
Financial
Zuckerberg: Libra Won’t Launch Anywhere Without U.S. Regulator Buy-In
But warns D.C. hostility to U.S. tech could open door to others
Accessories
SquareTrade Available For Protection Plans At Nebraska Furniture Mart
Partnership offers customers tech support or help with smart device and appliance connectivity.
Another View
Retailers are Opening Their Doors to Paying with Crypto: Is Anyone Buying?
“Government regulations are the primary blocker in wider acceptance of crypto for payments.”
Financial
Indie Dealer Prep Help With Wells Fargo
Wells Fargo targets indie dealers with financial, succession planning tools
Distributors
D&H Q4 Results Show Tech Biz Is Back
Distributor reports explosive growth in notebooks, smart home
Financial
Sears Q1 Losses Widen
Like a slow-motion suicide, Sears started its new fiscal year by sinking deeper.
Financial
Apple On Track To Become First Trillion-Dollar Company
Apple’s stock rose 1 percent on Monday, raising the company’s market cap to an estimated $908 billion.
Financial
Sharp Ends Challenge To Hisense’s Right To Market Sharp-Brand TVs
Sharp Electronics has dropped legal action to regain control of its TV brand from Chinese manufacturer Hisense.
Financial
Samsung Looking At Record Profits In Q4
On the news that analysts expect Samsung Electronics to reach a record $13.6 billion in operating profits in the fourth quarter, the company’s strategy...
Financial
Apple Reports Record Growth For Services Division
It was another good quarter for Apple, even as consumers wait expectantly for the iPhone 8. The company announced its fiscal Q3 results on...
Financial
Amazon Sales Rise 25% In Q2 To Reach $38 Billion
Amazon’s net sales increased 25 percent to $38 billion in the second quarter, ended June 30, compared with $30.4 billion in Q2 2016. But...
Financial
LG Guidance Shows Profit & Revenue Growth, But Comes In Under Expectations
LG Electronics’ Q2 earnings guidance showed an increase in both operating profit and revenue over last year’s period, but failed to meet analysts’ expectations....
Financial
Amazon Earnings Up 41% In Q1
Amazon reported its profits grew 41 percent for the first quarter, in no small part thanks to the global expansion of its retail and...
Financial
Toshiba Questions Its Future After Disastrous Earnings Report
On the heels of releasing unaudited third-quarter results, Toshiba is facing a possible delisting by the Tokyo Stock Exchange, the rumored sale of its...
Financial
Sears’ Losses Deepen Amid Sales Declines
Sears Holdings said lower sales and a host of ledger expenses led to wider losses in its fiscal third quarter. Net loss was $748...
Financial
Conn’s Q3 Losses Widen
Stricter underwriting standards, which were implemented to steady Conn’s in-house credit business, took a toll on sales and earnings during the retail chain’s third...
Financial
Best Buy’s Q3 Profits Soar 55%
Best Buy delivered an early Christmas present to shareholders this morning. The No. 1 CE chain reported a 55.2 percent increase in net earnings,...
Financial
Losses Steepen At hhgregg
It was a rough quarter for hhgregg. The 220-store appliance, CE and home-furnishing chain reported a net loss of $18.4 million in its second...
Financial
Accounting Changes Pound Conn’s Q2 Profits
A series of accounting changes related to Conn’s troubled in-house credit operation contributed to a net loss of nearly $12 million in the company’s...
Financial
Sears’ Earnings Soured In Second Quarter
Sears Holdings reported another dour quarter. The retailer saw red in Q2 with a net loss of $395 million compared to net income of...
Financial
Best Buy’s Q2 Earnings Up 21%
Updated!Best Buy’s drive to cut costs and grow its online business was rewarded with a 20.7 percent increase in second-quarter profits and a 15-percent...
Financial
Foxconn Completes Deal For Sharp
Foxconn Technology Group’s acquisition of Sharp Electronics is finally official. The $3.8 billion deal for the Tokyo-based electronics maker closed earlier this month with...
Financial
Staples Posts $766M Q2 Loss
Nearly $1 billion in pretax charges stemming from its failed acquisition of Office Depot led to a massive second-quarter loss for Staples. Net loss...