For at least two generations, Walmart has stood for more than just retail. The chain, born in Arkansas, has long served as a cultural, economic and even political signifier — telling others that one shopped at Walmart, or disliked its corporate policies, opened up a host...
Helping broaden the reach of Tencent’s mobile payments and mini program services, Tencent has unveiled a collaboration with Walmart China. With the relationship, Walmart will also be to expand digitally in the country, technode reported. Get the Full Story Complete the form to unlock this article...
Welcome to Five at Five, your late look at some of the payments and commerce news of the day. Today there are stories about the latest trends in Apple‘s iPhone manufacturing, Google’s views about AI, and why Walmart likes wine. There is a new retail...
After a shutdown of ZTE‘s operations that has lasted almost two months, the U.S. and China have come to a deal to get the Chinese telecommunications company back up and running. The U.S. had blocked exports to the company after it broke terms of a...
Unintentionally making themselves targets for scammers, customers may become vulnerable to fraud by complaining to banks on social media when systems crash. After problems with an information technology migration locked thousands of clients out of accounts at the U.K.’s TSB, for example, the bank saw...
Since the dawn of the age of computers, human beings have wondered what will happen when the machines eventually learn how to “think” like humans do. The consensus among science fiction writers is “nothing good.” Get the Full Story Complete the form to unlock this article...
Marc Jacobs is launching its first Wear OS smartwatch, joining the brand’s line of hybrid smartwatches. 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...
Walmart has launched it Winemakers Selection, offering 10 “distinctive labels” of wine from California, France and Italy. Nichole Simpson, Walmart’s senior wine buyer, explained that the retail giant will sell the wine for about $11 per bottle, but the vino will still be high quality,...
After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California, the private equity firm has created a new operating company comprised of the two retailers. A new PSEB Group consists of both brands, which will operate their...