News

Regulation
FSOC Approves Proposals Focused on Countering Potential Risks to Stability
April 21, 2023

The Financial Stability Oversight Council (FSOC) of the U.S. Treasury announced two proposals to counter potential risks. 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...

Ridesharing
Lyft to ‘Significantly Reduce’ Workforce April 27 as It Restructures
April 21, 2023

Lyft will “significantly reduce” the size of its workforce next week. 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
Online Grocery Is a Blessing and a Curse for Walmart
April 21, 2023

Walmart’s online grocery sales growth could take a toll on the rest of the business. 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,...

Artificial Intelligence
SAP Reportedly Plans to Launch ChatGPT-Powered Use Cases in May
April 21, 2023

SAP plans to add generative artificial intelligence (AI) and other AI tools to its offerings. 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,...

eCommerce
P&G Invests in Digital as Consumers Shift CPG Spending Online
April 21, 2023

As consumers shift from supermarkets to eCommerce channels, Procter & Gamble is driving digital sales. 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
Amazon Launches Industry Partnership to Help Retailers Identify Counterfeiters
April 21, 2023

Amazon has launched a private-sector partnership working to stop the sale of counterfeit 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
Pinterest Reportedly Adding Attribution Tools as Advertisers Seek Measurable Results
April 21, 2023

Pinterest is reportedly losing some advertising clients as brands look for measurable results. 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
Struggling Gap Bets on Nostalgia and Brings Back Barbie 
April 21, 2023

Just last month, Gap reflected on a year of struggle, with numerous net losses, bloated inventory levels and a search for a permanent CEO. In the wake of these challenges, the retailer has been exploring strategies to regain momentum and reconnect with consumers. As part of...

Retail
Walmart’s Latest Streaming Move Aimed at Amazon’s Content Lead
April 21, 2023

Without much fanfare, Walmart unveiled a new edition of its Google TV stick with updated specs and a revamped remote, competing directly with Amazon’s Fire TV Stick. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...