Search results for "amazon"

June 23, 2023
Steak ‘n Shake Partners With PopPay as More Restaurants Try...

As restaurants look to meet consumers’ demand for quick, convenient payments with stored credentials — and to gather more consumer data in in-store transactions — more brands are trying out...


June 23, 2023
Consumers Turn to Specialty eGrocers to Get Smarter With Splurges

As consumers manage their food budgets in response to inflation, many are turning to specialty and niche eGrocers to be selective about what they splurge on, according to Umamicart Co-founder and CEO Andrea...


June 23, 2023
Walmart Brings New Ammunition in Prime Day Battle With Amazon

Last year, Amazon was the clear winner during the dueling events. Will it keep the crown, considering Walmart’s changes? The next battle in the ongoing war between the world’s top...


June 23, 2023
 FinTech IPO Index Slips 2.7% Despite nCino’s Surge on Deal...

Even some skyrocketing performers — up double digits — were not enough to boost the FinTech IPO Index. The pantheon lost 2.7%, despite rumors of deal-making, despite economic data that...


June 23, 2023
Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition

Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After completing its preliminary review of...


June 22, 2023
TikTok’s COO Vanessa Pappas Steps Down Amid Security Concerns

Vanessa Pappas, chief operating officer at Chinese-owned video-sharing platform TikTok, is stepping down from her position after nearly five years with the company. The announcement comes at a crucial time...


June 22, 2023
Humanoid AI Robots Step Out of SciFi and Into the...

Are we entering the age of the machine? As sci-fi-styled hardware and futuristic software advance together nearly in step, observers could be forgiven for wondering if we’ll find out in...


June 22, 2023
Overstock.com Wins Auction for Bed Bath and Beyond Digital and...

Bankrupt Bed Bath and Beyond Inc. is expected to sell its intellectual property and some of its digital assets to online retailer Overstock.com Inc. for $21.5 million, according to court...


June 22, 2023
AWS Launches $100M Program to Help Customers Implement Generative AI

Amazon Web Services (AWS) has launched a program to help customers accelerate their implementation of generative artificial intelligence (AI). The new AWS Generative AI Innovation Center will connect the company’s AI and machine...


Walmart Vs. Amazon Whole Paycheck: Battle For The Digital-First Consumer
Amazon, Walmart Gain Q3 eCommerce Sales, But Lose Share of Total Spend  Spoiler alert: This edition of the Whole Paycheck Tracker report, the exclusive PYMNTS data dive on the claim Amazon and Walmart make on their share of the U.S. consumer’s whole paycheck, does not contain the customary exponential increases associated with these two retailers.
The Battle for Consumer Retail Spend: Amazon Versus Walmart Q2 2022: The Discretionary Spend Play
Amazon’s Lead in Consumer Discretionary Spend Remains Unchallenged  In the clash of the retail titans, Walmart leads in grocery and personal care spend, but Amazon dominates in clothing, furniture, appliances and hobbies, the Q2 2022 edition of "The Battle For Consumer Retail Spend: Amazon Versus Walmart" found, while also exploring ways consumers stand to gain from the rivalry.