April 23, 2024
Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships
With ongoing financial challenges prompting consumers to make more conservative spending changes, major membership wholesale clubs’ latest promotions suggest they are having trouble getting shoppers to spring for full-priced memberships....
April 23, 2024
Meta Aims to Ignite Enterprise Productivity With Open Metaverse OS
Teamwork makes the dream work. And when the dream is an interoperable virtual reality (VR) world based on a proprietary operating system (OS), you are going to need a big...
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 22, 2024
Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast...
With young consumers’ fashion habits rapidly evolving alongside quickly changing social media trends, Express has not been able to keep up. The fast-fashion company, which in addition to its self-titled...
April 22, 2024
AR and VR Have Potential to Reshape Wearable Tech Landscape
Frequently integrated into wearable devices such as smart glasses and headsets, extended reality (XR) technology — encompassing augmented reality (AR), virtual reality (VR) and mixed reality (MR) — is unlocking new...
April 21, 2024
Critical Decision: COFECE and the Future of E-commerce Competition in...
By Mariana Camacho Ordonez1 Mexico’s Federal Commission of Economic Competition (“COFECE”) faces a critical moment regarding the ratification of its Investigating Authority’s findings on potential barriers to competition in...
April 19, 2024
Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg...
April 19, 2024
Amazon-Walmart Rivalry for Consumer Retail Spend Turned in 2022
PYMNTS Intelligence has closely watched the two leading U.S. retail giants — Amazon and Walmart — duke it out since 2019, sharing our findings in regularly released reports. As our...
April 19, 2024
Amazon and Walmart Race to Integrate Commerce and Content
As shopping and entertainment become increasingly intertwined, Amazon and Walmart are looking for new ways to drive sales via content. On Tuesday (April 16), Amazon Live announced a new interactive, shoppable channel called FAST Channel on Prime...
