Amazon plans to expand the capabilities of the Amazon Leo low Earth orbit satellite network by acquiring mobile satellite services operator Globalstar. The two companies have entered into a definitive merger agreement under which Amazon will acquire Globalstar, and the transaction is expected to close in 2027, subject to...
Amazon is reportedly expanding its car-selling program as it focuses on partnerships with automotive dealers. The company’s Amazon Autos service, which began with a collaboration with Hyundai, has grown to include Chevrolet, Jeep, Kia, Mazda and Subaru, and is active in more than 130 cities, The Wall Street Journal (WSJ) reported Monday (April...
Walmart’s marketplace is playing a key role in its efforts to grow its general merchandise business, Walmart Chief Financial Officer John David Rainey said Wednesday (April 8). Speaking at the JPMorgan 12th Annual Retail Roundup 2026, Rainey said that growing general merchandise is “one of the major...
Walk into a Guitar Center on a busy Saturday, and the sales floor tells the story. Associates are stretched thin, and customers face a choice: wait for help, or scan a QR code and get instant answers. That’s where artificial intelligence (AI) is stepping in....
“Embedded Offers: The Billion-Dollar Opportunity Inside Recent Consumer Spending” is a collaboration between PYMNTS Intelligence and FIS. Based on a Census-balanced survey of 2,754 U.S. consumers conducted from Feb. 12–March 4, 2026, the report examines how shoppers discover, evaluate and redeem offers across grocery, retail and...
Imagine buying a high-amp car battery, a crocheted purse and a bag of fresh groceries all in one go without thinking twice about where to shop. That’s the line Amazon and Walmart want to erase as they battle to become the go-to destination for every...
Amazon will continue to bet big on artificial intelligence (AI), Amazon CEO Andy Jassy said in a 2025 Letter to Shareholders posted Thursday (April 9). Jassy said that while investment spikes invite scrutiny, AI is a game-changer that will reinvent every customer experience. “I’ve followed the public debate on whether...
Certain brands are reportedly having a harder time selling on Amazon these days. As The Information reported Tuesday (April 7), the eCommerce giant has in recent months brushed off requests from wholesale suppliers to increase what it pays for their products. This has led brands to suffer costs related...
Amazon said Monday (April 6) that it has reached a new deal with the United States Postal Service (USPS) in which the postal agency will continue to make 80% of the package deliveries it currently makes for the retailer, Reuters reported Monday. In March, Amazon threatened to cut...