July 03, 2024
Amazon Drops SMB Robot to Focus on Home Robot
Amazon is discontinuing its security robot designed for small and medium-sized businesses (SMBs) about eight months after introducing it. The company will instead concentrate its efforts in this field on...
July 03, 2024
Report: Amazon Taking Minority Stake as Saks Buys Neiman Marcus
Saks Fifth Avenue parent company HBC will reportedly buy rival Neiman Marcus, with Amazon taking a minority stake in the new company. The boards of the two companies have approved...
July 03, 2024
Saks Fifth Avenue’s Parent Company Acquires Neiman Marcus for $2.65...
The parent company of Saks Fifth Avenue has finalized a $2.65 billion deal to acquire its rival Neiman Marcus, with strategic support from Amazon. The Wall Street Journal reported on Wednesday,...
July 03, 2024
This Week in B2B: Declaring Independence From Paper-Based Payments
When it comes to business-to-business (B2B) payments, every transaction is an adventure. That’s because B2B payments aren’t your straightforward stroll in the park. Unlike consumer payments, B2B transactions are characterized...
July 03, 2024
Walmart+ Subscribers Break the 30% Mark
As Walmart and Amazon leverage their paid membership programs to drive loyalty, the former is seeing millennials prove to be the most eager to subscribe. By the Numbers “Walmart+ Week...
July 03, 2024
How the World Does Digital: Brazil Emerges as Leader in...
Brazil might be known for samba, soccer and sugar. But you can now add digital transformation to that list. According to PYMNTS Intelligence’s recently released landmark report “How the World...
July 02, 2024
Netflix Begins Previously Announced Phaseout of Cheapest Ad-Free Tier
Netflix reportedly began phasing out its cheapest ad-free tier for existing subscribers after saying in January that it planned to do so. Social media users in Canada and the United...
July 02, 2024
Mid-Market Retailers Innovate to Survive in a Tight Economy
As ongoing financial pressures make it harder for mid-market retailers to compete, without the scale of industry giants or the close customer connections of mom-and-pop shops, these merchants are forced...
July 02, 2024
How Banks and Big Tech Use AI to Modernize Workflows
Unlocking operational leverage is the name of the game for today’s businesses. In the face of ongoing macroeconomic uncertainty, controlling for what is controllable while making the most of available...
