News

B2B Payments
X Delivery CEO Says Shipping Isn’t Cost Center for Brands, It’s Deal Closer
August 24, 2022

Shipping costs have traditionally been taken for granted as an expense the buyer needed to bear. In consumer markets, that presumption has fallen by the wayside. In the wake of the pandemic, the shift to delivery from in-store shopping proved persistent, and free shipping has...

Retail
Walmart Adds Rewards Program as Shoppers Watch Budgets
August 24, 2022

Aiming to offer additional savings to budget-conscious shoppers, Walmart has added a rewards program to its subscription platform Walmart+.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Retail
Petco’s Recurring Subscription Revenues Cushion Consumer Downshift
August 24, 2022

Not immune to inflationary economics, pet supply is dealing with the same headwinds as other consumables sectors, but with the cushion of pet parent love upholding some areas, particularly in subscriptions where savings and perks stretch pet care dollars. Get the Full Story Complete the...

Retail
Outperformance of Luxury Retail Sector Sparks Global Payments and eCommerce Pact
August 24, 2022

Omnichannel digital commerce platform XY Retail has partnered with FinTech business payments company Adyen to help luxury retailers manage in-person and online payments globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
Peloton to Sell Equipment on Amazon
August 24, 2022

Peloton has made a deal with Amazon to sell its exercise bikes and other fitness products on the eCommerce giant’s platform as it tries to battle declining sales, the company said in a news release Wednesday (Aug. 24). Get the Full Story Complete the form...

Retail
Nordstrom Reports Lower-Income Consumers Dialing Back on Spending
August 24, 2022

Macroeconomic pressures are taking their toll on lower-income consumers, Nordstrom executives said Tuesday (Aug. 23) in materials released along with the company’s quarterly earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
Card Is King in UK Payments Landscape, but Digital Wallet Usage Soars
August 24, 2022

UK Finance, a trade body representing the United Kingdom’s banking and financial services sector, recently published the latest edition of its annual report assessing the state of the country’s payments market. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

eCommerce
Revo Video’s Mission to Make Every Video Shoppable With Just One Click
August 24, 2022

How many people have seen those video screen kiosks or iPads in airports featuring interesting clips and little commercials and thought, “this would be an ideal medium for live video shopping.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

eCommerce
PayPal Honey Sweetens the Pot for Shoppers and Merchants As Holidays Approach
August 24, 2022

When PayPal acquired discounting app Honey in early 2020 for $4 billion in cash, it presaged the beefed-up rewards and cash back power of the two properties combined. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...