Kohl’s to Test Everyday Value Pricing vs Long-Standing Promotional Strategy
Kohl’s to Test Everyday Value Pricing vs Long-Standing Promotional Strategy
March 01, 2023  |  Retail

In the wake of a “kitchen sink” quarter that saw the ailing department store chain close out the year with a money-losing Q4, Kohl’s new CEO...

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Car Dealers See Increase in ‘Upside Down’ Trade-Ins
Car Dealers See Increase in ‘Upside Down’ Trade-Ins
March 01, 2023  |  Loans

America’s auto debt hole is reportedly getting deeper for car buyers. A report Wednesday (March 1) by Bloomberg News finds that the auto industry is...

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AMC Entertainment Touts Recovery With Walmart and Visa Partnerships
AMC Entertainment Touts Recovery With Walmart and Visa Partnerships
March 01, 2023  |  Retail

AMC Entertainment said the slow crawl out of the pandemic leaves the theater chain better positioned than competitors, innovating with partnerships like bringing its popcorn...

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Investors Withdraw $6B From Binance Coin Amid Crypto Crackdown
Investors Withdraw $6B From Binance Coin Amid Crypto Crackdown
March 01, 2023  |  Cryptocurrency

America’s cryptocurrency crackdown has reportedly led investors to pull $6 billion from a Binance-branded stablecoin. Last month, the New York Department of Financial Services (NYDFS)...

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PYMNTS Intelligence: Technology Is Needed to Safeguard Faster Payments
PYMNTS Intelligence: Technology Is Needed to Safeguard Faster Payments
March 01, 2023  |  B2B Payments

Robust fraud prevention measures, having always been an important tool for businesses, are now a must. When payments took hours or days to go through, companies had more...

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Report: Instacart Q4 Profit Jumps 80%
Report: Instacart Q4 Profit Jumps 80%
March 01, 2023  |  Earnings

Instacart’s fourth-quarter profit and sales reportedly spiked ahead of its long-awaited public listing. The grocery aggregator told employees this week that revenues jumped more than...

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PYMNTS Intelligence: Payment Challenges and Opportunities in High-Growth Markets
PYMNTS Intelligence: Payment Challenges and Opportunities in High-Growth Markets
March 01, 2023  |  Cross Border Commerce

Southeast Asia has become a tempting area of expansion for international corporates due to its high level of digital payments penetration, with a recent study indicating that...

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Zoom Integrating AI Across Its Product Suite As Enterprise Client List Grows
Zoom Integrating AI Across Its Product Suite As Enterprise Client List Grows
March 01, 2023  |  artificial intelligence

Pandemic-era go-to video meetings and online collaboration platform Zoom is leaning heavily into artificial intelligence (AI) in its expanding product suite as it serves a...

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The RealReal Looks to Consign Its Way to Near-Term Profitability 
The RealReal Looks to Consign Its Way to Near-Term Profitability 
March 01, 2023  |  Retail

With its stock trading at about $1.35 per share — after falling over 90% in the past two years — it could be argued there’s...

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