May 01, 2024
Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
If there’s a theme for retailers this earnings season, and especially for dining, it might be crystallized in the comments this week from McDonald’s CEO Chris Kempczinski, who told analysts:...
April 30, 2024
Walmart-Vizio Merger Gets FTC Antitrust Scrutiny
Federal regulators are examining Walmart’s plan to buy smart television maker Vizio. The Federal Trade Commission (FTC) is conducting an antitrust review of the proposed $2.3 billion merger, Vizio said in a regulatory filing Tuesday (April 30)....
April 29, 2024
Apple’s App Store and iPhone Challenges Create Services and Ecosystem...
Thursday (May 2) will see Apple announce its latest quarterly earnings results. Amid the volatility of hardware sales that springs to mind, there may be signs of pressure as the tech giant seeks to expand...
April 29, 2024
Amazon Says Prime Delivery Speed Reaches Record Pace
Amazon says its Prime deliveries have reached their fastest speed on record. The eCommerce giant announced Monday (April 29) that more than 2 billion items had arrived the same day or on...
April 29, 2024
InvoiceCloud Launches Deposit Control Feature for Billers
In a move to empower billers with more refined financial management tools, InvoiceCloud has announced the launch of a new deposit control feature within its Online Bank Direct solution. This functionality is...
April 29, 2024
AI Firms Rake in Billions Without Having Products
AI may represent a “field of dreams,” but investors are reportedly seeing a potential nightmare. As The Wall Street Journal (WSJ) reported Monday (April 29), startups in the artificial intelligence...
April 28, 2024
Google: DOJ ‘Made Up Markets’ as Excuse for Antitrust Suit
Google has accused the federal government of fabricating a market for its antitrust suit against the tech giant. Despite this, the Department of Justice (DOJ) has not shown that Google commands a...
April 26, 2024
Meta’s $35 Billion Bet on AI Fuels the Tech Arms...
Meta announced a $35 billion investment in artificial intelligence (AI) for this year, signaling an aggressive push in the escalating tech arms race. This colossal investment raises pivotal questions about...
April 25, 2024
Alphabet Q1 Earnings Focus on AI Monetization
Come for the comments about AI. Stay for the earnings call. That will most likely be the pattern of big tech earnings over the next two weeks as companies prioritize...
Subscription merchants that fail to offer multiple ways for consumers to buy their products will see their sales take a hit, says Bean Box CEO Matthew Berk. Only giving consumers one way to buy and pay is a key driver of voluntary churn, especially in these times. Read the “Subscription Commerce Tracker®,” a collaboration with Vindicia, for more.
Retail subscriptions are changing the shopping landscape, and nearly one-third of subscribers purchase most or all items using scheduled or auto-fill subscriptions. PYMNTS Intelligence’s latest study of 2,011 consumers and 188 retail subscription merchants, “The Replenish Economy: A Household Supply Deep Dive,” a collaboration with sticky.io, details the replenish economy and its impact on in-store shopping habits.