August 22, 2024
40% of Consumers Paid Full Price During Amazon Prime Day,...
As summer sales events like Amazon Prime Day and Walmart+ Week annually draw significant consumer attention, a recent PYMNTS Intelligence report examines key insights into shopper behavior and sales trends....
August 21, 2024
TJX Sales Climb as Consumers ‘Keep Seeking Value’
TJ Maxx/Marshalls’ parent TJX continues to benefit from value-chasing consumers. The discount retail company released earnings Wednesday (Aug. 21) showing sales up 6% for the half year and 4% for...
August 21, 2024
India’s Commerce Minister Criticizes Amazon for Alleged Predatory Pricing
India’s Commerce Minister, Piyush Goyal, has raised concerns over the business practices of Amazon and other eCommerce giants, accusing them of engaging in predatory pricing that threatens millions of traditional...
August 21, 2024
Walmart Sells JD.com Shares Amid Increased Focus on China
Walmart has sold its entire stake in Chinese eCommerce giant JD.com. The move, announced in a securities filing Tuesday (Aug. 20), comes as Walmart is increasing its own focus on China’s retail sector. Walmart...
August 21, 2024
75% of Shoppers Hit Prime Day, Walmart+ Sales Looking for...
A recent PYMNTS Intelligence report, “BNPL Fuels Essential Spending Surge on Amazon Prime Day, Walmart+ Week,” compares data from this year’s Amazon Prime Day and Walmart+ Week special sales events....
August 20, 2024
Best Buy Introduces AI-Powered Delivery Tracking, Signaling Shift in Retail...
Best Buy is rolling out an artificial intelligence (AI)-powered delivery tracking system that promises minute-by-minute updates. The company aims to satisfy customers who are increasingly frustrated with vague delivery windows...
August 20, 2024
Embedded Finance and the Great Supply Chain Reset
The state of logistics is representative of the state of commerce. As shippers and carriers alike deal with spotty spot demand, inflation, and geopolitical tensions across key supply chain points,...
August 20, 2024
Shopify and YouTube Expand Video Offering to More Merchants
Thousands of additional brands that use Shopify can now make their products available for creators to tag in shopping-related videos on YouTube. YouTube and Shopify have expanded their partnership to...
August 20, 2024
Brands Focus on Post-Purchase Innovations to Foster Customer Loyalty
As competition for customer loyalty grows fiercer, brands are sharpening their focus on the post-purchase phase — a critical yet frequently neglected part of the customer journey. Understanding that the...
