August 23, 2024
50% of Amazon Prime, Walmart+ Subscribers Step Up During Sales...

As retailers vie to capture consumer interest, the juxtaposition of Amazon Prime Day and Walmart+ Week underscores the evolving landscape of shopper loyalty. A recent PYMNTS Intelligence report, “New Data:...

August 22, 2024
Amazon Touts Faster Delivery Ahead of Big Deal Days

Amazon says its Prime Big Deal Days sales event will return in October. The event will give Prime members early access to holiday deals, the eCommerce giant announced Thursday (Aug....

August 22, 2024
Peloton Confronts Subscription Declines Amid Strategic Shifts

Despite a solid financial footing and promising strategic innovations, Peloton’s fourth-quarter results reported Thursday (Aug. 22) expose a troubling reality: a dramatic plunge in subscription numbers. The company’s ambitious upgrades to...

August 22, 2024
Amazon Adds Annual Plan to Grocery Delivery Subscription Service

Amazon has expanded its grocery delivery subscription service by adding an annual plan for Prime members and extending its discounted subscription to all Prime Access members. These new offerings build...

August 22, 2024
Walmart+ Courts Fast-Food Diners With Burger King Partnership

Walmart has teamed with Burger King in its latest effort to boost its subscription program. The retail giant and the fast food chain have begun offering what they describe as a “first-of-its-kind” dining...

August 22, 2024
Chick-fil-A Reportedly Seeks Piece of Streaming Video Market

Netflix. Hulu. Prime Video. Max. Disney+. Add to that list: Chick-fil-A. The fast food chicken chain is reportedly branching out into the streaming video business, according to a report Wednesday...

August 22, 2024
Playing for Keeps: Hasbro’s New SVP Tackles Digital-First Future in...

The toy business isn’t exactly fun and games these days. Amazon and Walmart have compressed the retail picture. The direct-to-consumer (D2C) business is suffering through post-pandemic growing pains and the...

August 22, 2024
Skyfire CEO Says AI Agents Need New AI Payments Rails

A new startup is addressing a significant challenge in artificial intelligence: enabling AI agents to independently manage financial transactions. San Francisco-based Skyfire has announced $8.5 million in seed funding from investors...

August 22, 2024
Open for Business: Unlocking the Power of Open Payments

Consumers now have a vast array of payment options at their disposal, with new methods emerging rapidly and preferences evolving just as quickly. Merchants and merchant aggregators also have no...