PYMNTS-MonitorEdge-May-2024

Commerce

Commerce or e-commerce, or electronic commerce, and how it has impacted the traditional methods of buying and selling goods.

Source: searchcio.techtarget.com

Kohl’s Expands Storefront to Engage Shoppers in Holiday Purchases
Kohl’s Expands Storefront to Engage Shoppers in Holiday Purchases
October 23, 2023  |  Retail

As Amazon and Walmart engaged in a checkout showdown throughout October in the holiday shopping race, Kohl’s is looking to distinguish itself and ensure customer loyalty in the upcoming month.  To...

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Poshmark Exiting Overseas Markets to Focus on US
Poshmark Exiting Overseas Markets to Focus on US
October 20, 2023  |  eCommerce

Poshmark is shuttering some overseas operations and paying greater attention to America’s recommerce market. “In order to focus on Poshmark’s North America business and drive meaningful...

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Nearly 30% of Young Shoppers Issue Ultimatum to Retailers: Offer BNPL or Lose Our Business
Nearly 30% of Young Shoppers Issue Ultimatum to Retailers: Offer BNPL or Lose Our Business
October 18, 2023  |  Buy Now Pay Later

The world of retail payments and lending is undergoing a significant transformation with the rise of buy now, pay later (BNPL) services. As noted in...

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From Shopping Hauls to Experiences, Consumers Tap Overbuying Trend 
From Shopping Hauls to Experiences, Consumers Tap Overbuying Trend 
October 12, 2023  |  Retail

We’ve probably all observed the trend in minimalism. One component of the trend focuses on only acquiring essential items. While the minimalist aesthetic has gained...

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Consumers More Cost-Conscious During Amazon’s Prime Big Deal Days
Consumers More Cost-Conscious During Amazon’s Prime Big Deal Days
October 10, 2023  |  Retail

Shoppers are reportedly opting for affordable items during Amazon’s fall sale for Prime subscribers. Early data from the retailer’s Prime Big Deal Days event reveals...

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Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
October 10, 2023  |  Consumer Finance

Accounting for nearly 20% of annual retail sales, the holiday season, which spans November and December, is a critical period for both merchants and consumers. ...

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PC Market Expected to Recover After 8 Quarters of Decline
PC Market Expected to Recover After 8 Quarters of Decline
October 09, 2023  |  Retail

The worldwide PC market experienced a decline of 9% in shipments in the third quarter of 2023, marking the eighth consecutive quarter of decline.  However,...

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Cross-Border Payments Innovation: Pipe Dream or Right Around the Corner?
Cross-Border Payments Innovation: Pipe Dream or Right Around the Corner?
October 09, 2023  |  Cross-border Payments

When it comes to cross-border payments, patience is a virtue — but fees are a reality. That’s because moving money between nations has long been...

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X Tests Three Tiers of Paid Accounts
X Tests Three Tiers of Paid Accounts
October 06, 2023  |  Subscriptions

Social media platform X is reportedly testing three tiers of premium service.  The company formerly known as Twitter is considering splitting its current $7.99 per month...

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