News

Retail
Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
February 27, 2024

Macy’s plans to close 150 of its stores as it focuses on its luxury brands. 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...

Banking
Enfuce Wins eMoney License From British Regulator
February 27, 2024

Finland-based payment processor Enfuce is expanding its operations in the United Kingdom. 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...

Retail
Macy’s Looks to Digital to Mitigate Impact of Store Closures on Loyalty
February 27, 2024

As Macy’s closes locations by the hundreds, the retailer is turning to digital to keep customers engaged even as they lose their local, physical stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Report: Shein Mulling UK IPO, Deeming US Approval Unlikely
February 27, 2024

Shein is reportedly rethinking its U.S. initial public offering (IPO) due to regulatory resistance. 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
CarGurus Says AI-Powered Insights Help Dealers Adjust Prices to Boost Sales
February 26, 2024

CarGurus has been rolling out new artificial intelligence (AI) features to give both dealers and consumers the information they’re looking for. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
NLX Raises $12 Million to Grow Conversational AI Platform
February 26, 2024

NLX has raised $12 million in Series A funding to grow and develop its artificial intelligence (AI) platform for managing chat, voice and multimodal conversational applications.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
How OpenAI’s Sora Video Tool Could Change Hollywood
February 26, 2024

OpenAI’s new tool, Sora, which turns text into high-quality videos, could shake up how movies and shows are made in Hollywood. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Wish Unveils Trade-In Program as Consumers Embrace Resale
February 26, 2024

Mobile eCommerce platform Wish has launched a new trade-in program for old technology. 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...

Retail
Joybird Uses 3D Scans as Homeware Brands Tap Immersive Tech
February 26, 2024

As homeware brands tap mixed-reality digital capabilities to build trust in their eCommerce platforms, Joybird is using 3D room scanning to build consumer confidence in its products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...