pymnts Profile:
Target (NYSE: TGT)
Target Corporation is the eighth-largest department store retailer in the United States, and is a component of the S&P 500 Index.
Revolut Files for US Bank Charter, Names Duransoy as US CEO
March 5, 2026
Revolut, the London-based global FinTech with 70 million customers, took its most decisive step yet into the American market Thursday (March 5), filing for a national bank charter with the ...Read moreSenate Democrats Target Meatpacking Giants With New Antitrust Bill
March 5, 2026
The US meatpacking industry is facing renewed scrutiny from Senate Democrats who are pushing legislation aimed at limiting the market power of large processors and tightening rules in the beef ...Read moreWhite House Reviews Tencent’s Gaming Stakes as Trump Prepares for China Visit
March 4, 2026
Senior officials in the United States government are debating whether Chinese technology conglomerate Tencent should be permitted to retain its stakes in major video game developers as President Donald Trump ...Read moreSamsung Electronics Denies Supplier Allegations as Korean Antitrust Regulator Reviews Complaint
March 4, 2026
Samsung Electronics has rejected allegations from a subcontractor that claims it suffered financial harm after the technology company allegedly reduced contracted supply volumes during a major fifth-generation (5G) network project ...Read moreTarget Looks to Build Sales Momentum Through AI-Driven Personalization
March 3, 2026
Gains in eCommerce, same-day delivery expansion and stepped-up artificial intelligence personalization framed Target’s fourth quarter as an inflection point, even as overall comparable sales remained negative. CEO Michael Fiddelke said in ...Read moreDigital Fairness Act: A Pathbreaker for EU Digital Consumer Law
February 26, 2026
The European Union seeks to guarantee robust consumer protection that responds to the demands and complexities of the modern digital, data-driven environment. The rise of digital market manipulation, innovative business ...Read moreCalifornia Seeks Court Order to Halt Amazon’s Alleged Price Practices
February 24, 2026
California officials asked a state court on Tuesday to block Amazon.com from what they describe as a long-running effort to keep retail prices artificially high by pressuring merchants not to ...Read moreKFTC Chair Signals Crackdown on School Uniform Collusion
February 24, 2026
KFTC Chairperson Ju Biung-ghi said on the 24th that suspected collusion in the school uniform market appears to have become a customary practice and pledged to strengthen oversight and enforcement. Ju ...Read moreDOJ & Ohio Attorney General File Antitrust Suit Against OhioHealth Over Contract Practices
February 22, 2026
The U.S. Department of Justice’s Antitrust Division, alongside the Ohio Attorney General’s Office, has filed a civil antitrust lawsuit against OhioHealth Corporation, alleging that the healthcare system uses restrictive contracts ...Read moreMarket Power and Governance Power: New Tools for Antitrust Enforcement in the Decentralized Gig Economy
February 19, 2026
This Article advances a new framework for digital-age antitrust enforcement by integrating measures of market concentration (such as the Herfindahl-Hirschman Index) with novel metrics of governance concentration (the Nakamoto coefficient ...Read more
Affordability Rewrites the Household Balance Sheet
December 19, 2025
Rising prices are reshaping not just household budgets but the financial relationship between generations. Younger and older consumers in the United States are responding to the same pressures in different ways, ...Read moreInstacart AI Pricing Tool Faces FTC Investigation
December 18, 2025
Federal regulators are reportedly seeking information about Instacart’s artificial intelligence (AI) pricing tool. The Federal Trade Commission (FTC) has sent the grocery delivery platform a civil investigative demand asking about its ...Read moreAirbnb Experiments With Instacart Grocery Deliveries to Guests
November 12, 2025
Airbnb is reportedly testing a service that lets guests order groceries from Instacart. The house-sharing company will offer “kitchen stocking” as part of a three-month pilot program starting Jan. 5, Bloomberg ...Read moreDoorDash Extends Kroger Partnership to 2,700 New Stores
September 29, 2025
DoorDash is expanding its partnership with grocery chain Kroger to 2,700 new stores. The updated collaboration kicks off Oct. 1 and will cover deliveries of fresh foods, essential items and Kroger’s ...Read moreTame April Inflation Report May Be Calm Before the Tariff Price Hike Storm
May 9, 2025
On Tuesday (May 13), we may see what could arguably be the calm before a stormy sea of inflation driven by volatile tariffs. The Consumer Price Index inflation reading from the ...Read moreInstacart Teams With POS Firms to Advance Smart Cart Usage
January 13, 2025
Instacart has teamed with two point-of-sale (POS) providers to promote smart cart usage. The grocery technology company announced Monday (Jan. 13) new partnerships with Dumac Business Systems, a POS solutions provider ...Read moreInflation Is Down. Will Paycheck-to-Paycheck Consumers Notice?
August 14, 2024
Inflation is at a multiyear low, according to July’s Consumer Price Index from the U.S. Department of Labor. Inflation has broken through an important psychological barrier, so to speak. The Federal ...Read moreDeliveroo Sees Promise in Groceries as Orders Climb
August 8, 2024
With order volumes increasing, Deliveroo sees opportunities from its loyalty program and grocery business. The U.K.-based delivery service on Thursday (Aug. 8) released earnings for the first half of 2024 showing ...Read moreKroger Sees Private-Label Push Bring Low-Income Shoppers Back
June 20, 2024
With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key to getting more budget-strapped shoppers ...Read more54% of Gen Z Shoppers Use Pay Later Plans to Buy Groceries
May 31, 2024
Pay later plans — those arrangements enabling consumers to cover purchases over a set period of time — are not only a popular way to shop; they have increasingly become ...Read more
Consumer Discretionary Brands Face Steepest Earnings Slump Since 2020
March 6, 2026
Companies in the S&P 500 consumer discretionary sector are lagging behind other sectors in earnings due tohigh costs and soft demand, Bloomberg reported Friday (March 6). While 73% of companies across ...Read moreeCommerce a Bright Spot Amid Overall Retail Sales Dip
March 6, 2026
Consumer spending cooled slightly in January, although strong growth in digital retail channels suggests that the broader trajectory of household consumption remains intact. Advance estimates released Friday (March 6) by the ...Read moreAmazon, Walmart Shift Retail Competition From Price to Technology
March 6, 2026
Retail used to compete primarily on assortment, price and convenience. Increasingly, it competes on infrastructure and positioning. In a consumer environment defined by uncertainty driven by persistent inflation pressures, cautious spending ...Read moreSplitit and Google Prepare Installment Payments for AI Shopping Agents
March 5, 2026
Splitit aims to make flexible payment options part of agentic commerce through its support of Google’s Universal Commerce Protocol (UCP). Splitit joins Google and dozens of retail giants in supporting this ...Read moreKroger’s New CEO Bets on Deals, AI and eCommerce to Boost Sales
March 5, 2026
Kroger’s new CEO Greg Foran is signaling a shift in strategy toward sharper pricing and stronger digital engagement as the grocery giant looks to accelerate sales growth. Reporting its Q4 earnings ...Read moreCorporate Earnings Confirm PYMNTS Data on a Cautious but Active Consumer
March 4, 2026
Corporate earnings releases and conference calls often serve as a real-time test of economic narratives. Management observations offer insight into how consumers behave at the checkout counter and whether they are ...Read moreTarget Looks to Build Sales Momentum Through AI-Driven Personalization
March 3, 2026
Gains in eCommerce, same-day delivery expansion and stepped-up artificial intelligence personalization framed Target’s fourth quarter as an inflection point, even as overall comparable sales remained negative. CEO Michael Fiddelke said in ...Read moreAI-Generated Damage Claims Trigger Retail Crackdown on Return Fraud
March 3, 2026
Retailers are facing a new and more sophisticated form of return fraud, one in which artificial intelligence is being used against them. Shoppers are submitting AI-generated images of damaged or ...Read moreBest Buy Bets on AI as Consumers Avoid Big-Ticket Items
March 3, 2026
Best Buy is focused on digital innovation as shoppers continue to show caution. The electronics retailer released quarterly earnings results Tuesday (March 3) that showed a 0.8% dip in sales as ...Read moreWalgreens Brings Hybrid Pharmacy Program to 6 States
March 2, 2026
Walgreens has debuted what it calls the country’s first “hybrid pharmacy” program. The service, announced by the retailer last week, lets pharmacists divide their time between working in stores for part of the ...Read more

The Construction Problem Few Talk About. Payment Delays
March 5, 2026
The construction industry builds skylines, bridges and critical infrastructure, yet its own critical financial infrastructure often runs on outdated payment practices. Findings in the February 2026 edition of the B2B and ...Read moreIndia’s PhonePe Aims For $10.5 Billion Valuation in IPO
March 4, 2026
Indian payments platform PhonePe reportedly hopes to go public at a valuation of $9 billion to $10.5 billion. This indicates that the Walmart-backed company will raise around $900 million to $1.05 ...Read moreMerchants Start Chasing High Approvals Instead of Low Fees
March 4, 2026
Watch more: Need to Know With North’s Suril Patel When merchants viewed payments solely through the lens of cost, they typically looked for as little cost as possible. But that one-dimensional calculus ...Read moreRipple Payments Expands Digital and Fiat Cross-Border Rails
March 3, 2026
Ripple Payments now allows customers to collect, hold, exchange and payout in both fiat and stablecoins. The platform also enables customers to provision named virtual accounts and wallets, automate collection flows, ...Read morePayPay Aims to Raise $1.1 Billion in US IPO
March 3, 2026
PayPay reportedly hopes to raise up to $1.1 billion when it goes public. That’s according to a report Tuesday (March 3) from Bloomberg News, which says it would be the largest ever initial public ...Read moreMaking Digital Payments Feel Human Is Next Competitive Edge
February 27, 2026
Watch more: What’s Next in Payments With Paymentus’ Nicole Haskins The FinTech landscape has overindexed on innovation. But in an operational landscape defined by automation, predictive analytics, and invisible payments, the ...Read moreInteroperability Is Missing Layer Connecting Blockchains to Merchant Systems
February 25, 2026
Interoperability in crypto payments has long been discussed as a technical aspiration. Over the past several months, it has started to look more like a commercial necessity. As stablecoins and digital ...Read moreSmall Businesses Signal It’s Time to Move Beyond Checks, PYMNTS–Mastercard Report Finds
February 25, 2026
Small to mid-sized businesses (SMBs) are approaching a practical turning point in how they pay. Cash and checks still play an outsized role in day-to-day operations, especially for supplier and ...Read moreStripe and PayPal Combination Would Reorder the Payments Landscape
February 24, 2026
Tuesday (Feb. 24) marked a potentially seismic day in the payments industry. Rumors of Stripe’s interest in PayPal emerged after hours on Tuesday, initially reported by the likes of Bloomberg, with ...Read moreAnalysts Say PayPal Stock Slump Makes It Takeover Target
February 23, 2026
PayPal Holdings has met with banks at a time when it is seeing unsolicited interest from would-be buyers, Bloomberg reported Monday (Feb. 23), citing unnamed sources. The company is drawing takeover ...Read more