News

IPO
Report: Private Equity Groups Buying Back Firms After Weak IPOs
November 21, 2023

Amid a shaky IPO market, some public companies aren’t staying public that long. 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....

Artificial Intelligence
Tech Giants Seek to Hire OpenAI Employees
November 21, 2023

Amid the turmoil at OpenAI, several other tech giants have made attempts to hire away the artificial intelligence (AI) firm’s employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
As Deal Seekers Surface, Best Buy Introduces Curated Shopping and Store Experiences
November 21, 2023

As customers embrace value, Best Buy is emphasizing promotions and in-store experiences, aiming to create compelling reasons for them to make it to the checkout counter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Dick’s Sporting Goods Says Omnichannel Shoppers Spend Twice as Much
November 21, 2023

Athletes who shop through multiple channels are driving sales growth at Dick’s Sporting Goods. 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...

Retail
Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
November 21, 2023

As temperatures stayed warm in September and October, Kohl’s discovered that it had a surplus of its cold weather inventory beyond what was initially expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Loyalty & Rewards
Amex, Amazon Tie-Up Helps Point the Way Toward Rewards ‘Ubiquity’ 
November 21, 2023

Ubiquity is what we all want in a rewards program. 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...

B2B Payments
Payhawk Adds Procure-to-Pay Solution to Global Spend Management Platform
November 21, 2023

Payhawk, a global spend management platform, launched a solution that enables businesses to automate their procure-to-pay process. 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...

Retail
Kohl’s, Simon Property and Klarna Sprinkle AI Magic to Boost Holiday Spend 
November 21, 2023

The addition of artificial intelligence (AI) is proving to be a holiday miracle for brands, retailers and even payment providers, reshaping the way they connect with consumers.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets
November 21, 2023

The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use — compared to $1,160 in 2022. Meanwhile, spending on gifts will rise modestly and average about $1,000. Get the Full Story...