Commerce

Commerce
PYMNTS AM Radar: Shopping with Bitcoin; Office Makeover; Subscription Model Facelift; Fighting Fraudsters; DOJ Tightens...
April 18, 2022

It’s Monday, April 18 and today is tax day. While you can’t pay your taxes in cryptocurrency, your eCurrency gains are taxable. But if you haven’t sold your bitcoin or Ethereum and are a bit short on cash dollars, you can always join the 51%...

Commerce
Today in Food Commerce: Restaurants Take on Metaverse; Walmart Retains Grocery Advantage
April 14, 2022

Today in food commerce, restaurants open virtual locations in the metaverse, while frictionless checkout comes to sporting arenas. Plus, PYMNTS data show Walmart maintaining its lead over Amazon in food sales. Eateries Open Metaverse Stores in Race to Be the ‘Restaurant of the Future’ As...

Commerce
CoutLoot Debuts Wholesale Platform for Indian SMBs
April 13, 2022

Social commerce platform CoutLoot has rolled out a new wholesale platform aimed at small- to medium-sized businesses (SMBs) in India, Economic Times reported Wednesday (April 13). Per the report, the platform will allow the sourcing of fast-moving products directly from the manufacturers, which will cut...

Commerce
5 Things to Start Your Day: Checkout as an Experience; Remote Work to the Rescue;...
April 12, 2022

It’s Tuesday (April 12), and while the Labor Department has no good news to share — prices were 8.5% higher in March than a year ago — there is always a silver lining somewhere. Like in technology and in cryptocurrency wallet automation, for example. Read...

Commerce
5 Things to Start Your Day: Retail Therapy; All-in-One Payments; Pocket MRIs; Rent-a-Tech; Programmable Money
April 11, 2022

Happy Monday (April 11), and welcome the beginning of another week. Although war and inflation still top the news, when the going gets tough, the tough still go shopping. Here are five things to start your day. Retail Therapy Despite fears that the combination of...

Commerce
As More Baristas Unionize, Starbucks Hires Worker-Relations Specialist to Be Strategy Chief
April 10, 2022

More Starbucks stores have been unionizing, and this has led the company to hire a new strategy chief, The Wall Street Journal reported Friday (April 8). Six New York state cafes voted last week to join Starbucks Workers United, which was formed to help the...

Commerce
Today in Food Commerce: Consumers Flock to Walmart; Chili’s Parent Trials Sidewalk Robots
April 08, 2022

Today in food commerce, PYMNTS data reveal that about two out of three shoppers make purchases from Walmart each month, while a report reveals that Chili’s Grill and Bar parent company Brinker International is testing out sidewalk robots for delivery. Plus, James Marcus, partner and...

Commerce
Study: 58% of Durable Goods Buyers Used Financing or Lease-to-Own
April 08, 2022

When it comes to buying durable goods, many consumers see just two options before them: going without things that could be necessities, or taking on insecure debt. But there’s a third option for these shoppers: lease-to-own purchasing, a method that lets consumers buy the goods...

Commerce
Today in Food Commerce: Amazon Expands ‘Just Walk Out’ Checkout; Spirits Brands Create RTD Cocktails
April 07, 2022

Today in food commerce, Constellation Brands invests in creating ready-to-drink (RTD) premium cocktails, and DoorDash announces a white-label online grocery partnership. Plus, PYMNTS data reveal consumers’ preference for well-known restaurant brands. Consumers Want to Purchase from Restaurants Whose Names They Recognize When deciding between restaurants,...