April 24, 2024
Walmart Investors Expect Stiffer Competition in Grocery Sector From Amazon
Investors reportedly expect increased competition in the grocery sector after Amazon’s announcement Tuesday (April 23) of a new grocery delivery subscription benefit. Walmart and Kroger shares declined 1.8% and 2.3%, respectively, Tuesday, in moves...
April 24, 2024
DoorDash and Walgreens Team to Offer SNAP/EBT Payments
DoorDash has teamed with Walgreens to offer SNAP/EBT payments at nearly 7,800 locations. According to its announcement Wednesday (April 24), DoorDash is the first platform that enables SNAP customers to make purchases directly from Walgreens...
April 24, 2024
Odessa Launches Originations Platform, Plans Auto Finance Suite
Equipment finance company Odessa has entered the auto industry. The company has launched an originations platform called Odessa Auto and plans to grow it into a full-service end-to-end auto finance suite, Odessa said in...
April 23, 2024
Spotify Dubs 2024 ‘Year of Monetization’ as Subscribers Surge 14%...
Spotify is tuned in to upbeat earnings outcomes, marking a robust beginning to its designated “year of monetization” after a standout performance in 2023 characterized by significant revenue growth, margin...
April 23, 2024
Shoppers Seek More Accessible Grocery Options From eCommerce Marketplaces
Consumers find stores’ own online grocery platforms more accessible than third-party marketplace offerings, bucking broader retail trends. Now, major players such as Amazon and DoorDash are trying to win those...
April 23, 2024
Amazon Launches Grocery Subscriptions for Prime and EBT Customers
Amazon has introduced grocery delivery subscriptions for Prime members and EBT users. The new service, announced Tuesday (April 23), is launching in more than 3,500 locations around the U.S. It gives Prime members...
April 19, 2024
Streaming Platforms Navigate Shifting Market Dynamics Amid Subscriber Boom
Netflix’s first-quarter earnings report on Thursday (April 18) paints a picture of success, with nearly 270 million paying customers globally and a 15% year-over-year surge in revenue. Operating income soared...
April 18, 2024
Consumer Demand for Deals Fuels Rise of Discount Subscriptions
With consumers seeking more bang for their buck, retail merchants are rising to the occasion, offering discounts for subscribing, PYMNTS Intelligence finds. By the Numbers The PYMNTS Intelligence study “The Replenish...
April 18, 2024
Nearly 40% of Millennials Rely on Retail Subscriptions for Shopping
Retail subscriptions represent a massive growth opportunity for eCommerce merchants. PYMNTS Intelligence data reveals that more and more consumers are choosing to take advantage of the convenience that online retail...
