April 17, 2023
Walmart Bets on Tattoos to Attract Gen Z With Inkbox...
In a bid to better align with Generation Z, Walmart has teamed up with Canadian direct-to-consumer (D2C) brand Inkbox temporary tattoos. The move marks the D2C brand’s first foray into...
April 16, 2023
Yellen Warns Banks Could Pull Back on Lending
America’s treasury secretary is warning of a tougher lending environment following two recent bank failures. In a Sunday (April 16) CNN interview, Janet Yellen said that such a pull back...
April 14, 2023
Best Buy Eliminates Hundreds of In-Store Consultant Roles
Best Buy has reportedly eliminated hundreds of roles in its brick-and-mortar stores. The cuts are centered on the electronics and appliance retailer’s “consultants” who focus on selling computers, smartphones and other...
April 14, 2023
SBA Lifting Moratorium on Licensing New Small Business Lending Companies
Non-federally chartered banks will soon be able to make Small Business Administration (SBA) loans. Effective May 12, the agency is lifting the moratorium on licensing new Small Business Lending Companies...
April 14, 2023
Amazon Touts Center-Aisle Grocery Selection 99X Larger Than Average Supermarket
Amazon is leveraging its extensive eCommerce marketplace to eat away at grocers’ center-aisle sales. The eCommerce giant’s annual report highlights the opportunity that the $800 billion U.S. grocery market poses,...
April 14, 2023
Express and WHP Global Buy Bonobos From Walmart
Express (EXPR) and WHP Global have acquired Bonobos from Walmart for a combined $75 million. Brand management firm WHP Global will buy the Bonobos brand for $50 million, while fashion...
April 13, 2023
Netflix and Lacoste Pact On TV-Inspired Clothes Misses Embedded Commerce...
While failing to take advantage of the obvious embedded shopping opportunity, the Netflix partnership with Lacoste on a clothing collection inspired by beloved streaming TV shows indicates the larger opportunity,...
April 13, 2023
AI Helps Banks and Merchants Fill Digital Payments Risk Management...
Digital commerce has a data problem. Jeff Hallenbeck, head of financial partnerships at Forter, told PYMNTS that “data droughts” exist between issuers, payment service providers and card networks when making...
April 12, 2023
Amazon Expands Palm Scan Payments in Bid for Grocery Shopper...
Amazon is adding pay-by-palm and smart carts to more grocery stores to drive brick-and-mortar adoption. The eCommerce giant shared in an emailed announcement that it is adding its Amazon One...
