News

Retail
Walmart’s Auto Parts Dominance Over Amazon All But Ended
September 07, 2021

In just 12 months, Walmart has seen a 7 percentage point market share lead in auto parts evaporate versus rival Amazon, which for the second consecutive quarter is within 1 percentage point of the long-time segment leader. Get the Full Story Complete the form to...

Retail
65% of Consumer Electronics Returns Occur During Setup
September 07, 2021

It’s almost becoming rare for consumers to buy electronics that don’t connect to the internet. Televisions, doorbells, refrigerators and even toothbrushes have all become a part of the connected home, bringing people one step closer to living like Tony Stark does with JARVIS in “Iron...

Retail
1-800-FLOWERS.COM to Quadruple Workforce for Holidays
September 07, 2021

Digital gift marketplace 1-800-FLOWERS.COM Inc. will hire more than 10,000 seasonal workers across its gourmet foods and gifting brands — Harry & David, PersonalizationMall.com, Cheryl’s Cookies and The Popcorn Factory — as it anticipates increased online demand for the upcoming holiday season. Get the Full...

Regulation
Big Tech Compliance Tracker: Apple’s App Store Policies Face Scrutiny; Ireland Slams What’sApp with Record...
September 07, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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,...

Retail
JD.com Names New President as Founder Takes Step Back
September 07, 2021

Chinese eCommerce company JD.com on Monday (Sept. 6) announced Lei Xu as President of JD.com, taking over the company’s day-to-day operations from founder Richard Qiangdong Liu. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Demand for Next-Day Delivery Drives Need for Efficient Logistics
September 07, 2021

Spiraling consumer demand for same-day delivery of everything has challenged retailers to restructure supply chains and add more routes, trucks and drivers wherever possible.  To control the rising cost of providing this unprecedented level of service, retailers are scrounging for efficiencies wherever they can find...

Merchant Innovation
Consumers Want Self-Service Checkout Options But Rarely Get to Use Them
September 07, 2021

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 communications from PYMNTS and...

Digital Banking
After Slow Start, American-Style Open Banking Is Set to Catch and Eclipse European Rivals
September 07, 2021

For open banking to truly gain traction, and for individuals to feel comfortable sharing their financial data with third-party providers, there’s room – a necessity, even – to have a range of intermediaries involved in the mix, a list that includes even tried-and-tested players such...

Partnerships / Acquisitions
Checkout.com to Debut JCB’s Card Authentication in UK
September 07, 2021

Checkout.com, a global payments platform, will be implementing card issuer and payment company JCB’s J/Secure2.0 authentication platform for card-not-present transactions for its merchants in the U.K. The service will add more identification requirements and make checkouts more secure, a press release stated on Tuesday (Sept....