News

Retail
Wage, Job Gains Hint at Inflation Ahead for Retailers
June 03, 2022

More money, more problems. 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 to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...

Retail
Walmart Intros 4 Next-Gen Fulfilment Centers
June 03, 2022

Walmart is opening four new next-generation fulfillment centers with high-tech capabilities using a combination of people, robotics and machine learning. The move is to ensure that the retail giant can continue cranking out orders to consumer fast, whether in-store, pick-up or delivery. Get the Full...

Regulation
TechREG Weekly US: SCOTUS Sides With Social Media Firms, Blocks Texas Law; California Ready to...
June 03, 2022

This week in TechREG has been quieter than usual as lawmakers didn’t hold congressional hearings and regulators didn’t make important announcements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Lululemon Trumpets ‘Strong Start’ to 2022
June 03, 2022

Despite supply chain issues, inflation and the ongoing impact of COVID-19, apparel retailer Lululemon said it began the year on a strong note as it continues its five-year growth plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
PYMNTS AM Radar: Crypto Alarm; Personal Touch; Wells Fargo Slapped; Credit Unions’ Agility; ICYMI
June 03, 2022

Today is Friday, June 3 and if you were up early enough, all five naked-eye planets — ​​Mercury, Venus, Mars, Jupiter and Saturn — were visible in a row in the pre-dawn sky, something not seen since 2004. Don’t worry if you missed it because...

Retail
Pinterest to Acquire Online Fashion Retailer THE YES
June 03, 2022

Pinterest took another step toward its goal of becoming more commerce-focused Thursday (June 2) with the acquisition of THE YES, an online fashion shopping platform, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Latin America
CloudWalk On Meeting Latin America’s Growing Demand For Digital Payments
June 03, 2022

Brazil’s bold steps toward digital adoption and the launch of instant payments network Pix are slowly chipping away at cash. It's why Luis Silva, CEO of payment network provider CloudWalk, tells PYMNTS he and others have high hopes for the burgeoning digital payments market in...

Retail
AMZN vs WMT Weekly: Fulfillment, Fairness and Food
June 03, 2022

As much as Amazon feels it is being singled out by proposed legislation in Congress, that it claims would hurt small businesses that rely on its order fulfillment services while also disrupting the value and variety of products on its platform that consumers love, that threat has...

Banking
Cross River Bank on How Embedded Finance Can Accelerate Payments in Niche Markets
June 03, 2022

PYMNTS' new "Banking-As-A-Service Opportunity Report" examines how FIs and Banking-as-a-Service providers are creating the invisible, frictionless financial services experiences their customers expect.