News

Retail
Bed Bath & Beyond Claims Shipping Company ‘Exploited Customers’
May 04, 2023

Bed Bath & Beyond is seeking reparations from a shipping company it says “exploited customers.” 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...

eCommerce
Etsy Wants Shoppers to Shop With Them Every Day, Not Once in a While 
May 04, 2023

Etsy, originally a niche platform for handmade and vintage items, is seeking to broaden its appeal beyond its specialized offerings. The company is now focused on expanding its customer base and positioning itself as an all-around shopping platform for everyday consumers.   Get the Full Story...

eCommerce
Report: Alibaba Considers Taking eCommerce Business Public
May 04, 2023

Alibaba is reportedly mulling a U.S. initial public offering (IPO) for its eCommerce unit. 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
Estée Lauder Lowers Outlook but Continues to Bet Big on Chinese Market 
May 04, 2023

Despite lowering its sales outlook for the third straight quarter due to a slower-than-expected recovery in Asia, cosmetics company Estée Lauder remains optimistic about the Chinese market.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
White House Summons Big Tech CEOs to Tackle AI
May 04, 2023

White House officials will meet with tech CEOs as the President Joe Biden administration promotes “responsible” artificial intelligence. 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...

Partnerships / Acquisitions
TD Bank and First Horizon Scrap $13.4 Billion Merger
May 04, 2023

TD Bank and First Horizon Bank have called off their $13.4 billion merger. 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....

Retail
Nordstrom Closes San Francisco Stores as Foot Traffic Falls
May 04, 2023

Nordstrom is reportedly shuttering two of its San Francisco stores amid declining foot traffic. 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...

eCommerce
CarParts.com CEO Says Data Horsepower Will Drive Disruption in the Auto Aftermarket
May 04, 2023

When the CV joint on your used car finally breaks, your first thought isn’t how data science and optimized supply chain figure into that repair. But they do, by ensuring that part is readily available and affordable, as the calculus of pouring money into used...

Loyalty & Rewards
Item-Level Data Helps Banks Stay Top of Wallet
May 04, 2023

At the intersection of digital channels and inflationary pressures, consumers are demanding more value from merchants. 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...