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As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. It’s clear that there is a consumer-driven need for more flexible finance and smarter buying power. .
A few decades later when Sears merged with Kmart in 2005 the combined organization generated a substantial $55 billion in revenue. Consumers were finally given a way to access merchandise at much lower prices than what was available from nearby merchants. Struggling to achieve its past dominance Sears merged with Kmart in 2005.
3:26] And of particular note, and I know we’ll talk about this more, they’ve seen a significant uptick in use of Buy Now, Pay Later services, and they’ve seen deeper discounting than we saw last year. billion consumers are shaping shopping trends.
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