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.
iPhone Sales in China Dip Amid Larger Smartphone Market Contraction
July 15, 2025China’s smartphone market has begun to dip following six straight quarters of growth. The International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker found that China’s smartphone market shipped 69 million ...Read moreTrump 2025 Antitrust Agenda: Targeting Regulatory Barriers
July 15, 2025By John J. Kavanagh & Weisiyu Jiang I. Background Reviving a deregulatory agenda with a new antitrust twist, the Trump administration is using Executive Orders along with DOJ and FTC firepower to ...Read moreCommunity Banks Lead Fundraising for Texas Flood Recovery Efforts
July 14, 2025Community banks in Texas made, matched and facilitated donations to help victims during the ongoing flooding that began in the state on July 4. Fredericksburg, Texas-based Security State Bank & Trust (SSB&T) said in ...Read moreShould We Fear Personalized Pricing?
July 14, 2025The practice of personalized pricing involves using information about a consumer to more accurately estimate an individual’s willingness-to-pay for a product to calibrate pricing to that individual. If the practice ...Read moreInflation’s Spies: The Labor of Surveillance Pricing
July 14, 2025This paper examines price surveillance practices through a critical analysis of the retail price monitoring industry. Also known as “pricing intelligence,” price monitoring firms are brokers that traffic in information ...Read moreAltcoins Use Growing as Part of Corporate Strategies
July 13, 2025With bitcoin at record highs, other forms of cryptocurrency are catching corporate America’s attention. That’s according to a report Sunday (July 13) by Seeking Alpha, which said companies are investing in ...Read moreCRA Expands Antitrust Expertise with Senior Economist Appointment
July 13, 2025Charles River Associates (CRA) has announced the appointment of Josh Sherman, PhD, as vice president within its antitrust and competition practice. The firm also named Gene Tien, PhD, as vice ...Read moreThe Stablecoin Ledger This Week: Regulation, Custody Infrastructure and Trust
July 11, 2025Next week, starting July 14, is “Crypto Week” in the U.S. This event is a series of policy votes being held by lawmakers in Washington hoping to push through three critical ...Read moreCostco Sales Rise 5.8%, Driven by Fresh Food and Non-Food Categories
July 11, 2025Costco’s total company comparable sales increased 5.8% in June, driven by demand for fresh foods and non-food categories like jewelry, major appliances and gift cards. By region, the retailer’s sales were ...Read moreSovos and Tungsten Integrate Tax Compliance and AP Automation Solutions
July 9, 2025Sovos and Tungsten Automation have partnered on a compliant accounts payable (AP) solution that is designed to streamline the procure-to-pay and compliance lifecycle. The combination of the Tungsten Automation Platform and ...Read more
Tame April Inflation Report May Be Calm Before the Tariff Price Hike Storm
May 9, 2025On 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, 2025Instacart 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, 2024Inflation 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, 2024With 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, 2024With 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, 2024Pay 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 moreWalmart CFO: Shoppers Replacing Fast Food With Groceries
May 16, 2024Walmart’s grocery business is reportedly benefiting from the high price of fast food. The retailer’s chief financial officer, John David Rainey, told CNBC Thursday (May 16) that it’s “roughly 4.3 times more expensive” to ...Read moreGrubhub Deepens Grocery Offering With Mercato Partnership
April 18, 2024Grubhub is expanding its grocery presence via a partnership with online marketplace Mercato. The collaboration, announced Thursday (April 18), will bring Mercato’s inventory from more than 950 independent grocery stores nationwide to the Grubhub Marketplace. “Grubhub ...Read moreKraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’
February 14, 2024From dollar store shoppers to wealthier club store members, consumers are seeking value. So said Kraft Heinz CEO Carlos Abrams-Rivera, addressing his company’s 7.1% quarterly sales drop during an earnings call Wednesday (Feb. 14). Speaking ...Read moreWalmart Shares Hit All-Time High as Groceries Draw Shoppers
November 3, 2023Walmart’s shares reportedly reached an all-time high Friday (Nov. 3), with investors betting on its ability to thrive during the holiday season. This peak, at $166.30, is the highest point since ...Read more

Amazon Says Customers Saved ‘Billions’ During Extended Prime Day
July 13, 2025Amazon says its longest Prime Day sale was also its biggest. The eCommerce giant announced Saturday (July 12) that its yearly summer sale produced record sales and savings in its newly ...Read moreAmazon Prime Day Average Household Spend Reaches $156, Numerator Says
July 11, 2025Market research company Numerator said Friday (July 11) that the average household spend during Amazon’s first four-day Prime Day sales event reached $156.37. The average order size during the event was $53.34, and nearly ...Read moreCostco Sales Rise 5.8%, Driven by Fresh Food and Non-Food Categories
July 11, 2025Costco’s total company comparable sales increased 5.8% in June, driven by demand for fresh foods and non-food categories like jewelry, major appliances and gift cards. By region, the retailer’s sales were ...Read moreHow Brands Can Deepen Customer Connections in the Metaverse
July 10, 2025A new study sheds light on how brands can deepen their engagement with consumers in the metaverse through interactions with their “digital doppelgängers.” Unlike 2D avatars, digital doppelgängers are 3D versions ...Read morePrime Day First-Day Sales Dive 41%, Retail Consultant Reports
July 9, 2025Amazon’s sales reportedly dropped 41% on the first day of its four-day Prime Day sales event compared to the first day of last year’s two-day event. Momentum Commerce reported that figure ...Read moreAdobe Says Retailers’ AI-Driven Traffic Will Leap 3,200% During Prime Day
July 8, 2025Adobe said Monday (July 7) that during Amazon’s Prime Day sales event that runs from Tuesday (July 8) through Friday (July 11), it expects the amount of traffic to all ...Read moreAmazon, Walmart Summer Sales Become Stress Test for Consumer Spending
July 8, 2025For the world’s biggest retailers, summer means two things: sales events, and more sales events. Amazon kicked off its annual summer sale on Tuesday (July 8), and the eCommerce giant announced that its ...Read morePrime Day Could Be ‘Quite a Test’ for Tariff-Rattled Consumers
July 8, 2025Will U.S. tariffs cause shoppers to sit out this year’s Prime Day? Amazon kicked off its annual summer sale on Tuesday (July 8), but as Bloomberg News reported, the trade war has caused some ...Read moreEU Cross-Border eCommerce Still Requires a Local Playbook
July 8, 2025Watch more: Local Payment Methods Key to Winning Share Across European Markets For eCommerce firms, the European Union can present a tantalizing opportunity and a logistical labyrinth. With 27 member states, 24 ...Read morePayment Friction Taps the Brakes on Digital Growth in Brazil
July 7, 2025Brazil has become a global leader in mobile shopping adoption, with its consumers consistently demonstrating high engagement in digital commerce activities. The 2025 Global Digital Shopping Index: Brazil edition, commissioned ...Read more

Bank of America Focuses on Turning Payments Breakthroughs Into Consumer Habits
July 14, 2025Watch more: Bank of America on Turning Payments Breakthroughs Into Habits From QR codes and tokenized wallets to instant settlement networks and blockchain rails, the technological underpinnings of payments are evolving ...Read moreThe Five Rules of Engagement for Gen Z Spending and Payments
July 14, 2025Generation Z is rewriting the rules of engagement for the financial services sector. Full stop. As the first true digital natives, their expectations, spending patterns and banking preferences are shaping ...Read morePrivate Sector Takes Note as Feds Hit Fast-Forward on Digital Disbursements
July 10, 2025The United States government, the world’s largest payer, is on the cusp of a dramatic digital transformation. By Sept. 30, 2025, the federal government will cease issuing paper checks for disbursements, ...Read moreDigital Wallets Unite Banks and FinTechs in Latin America’s Inclusion Push
July 8, 2025Watch more: Latin America’s Digital Wallet Surge Forces Banks to Expand Financial Inclusion Latin America, long perceived as a region where cash was king and financial innovation moved at a deliberate ...Read more76% of Consumers Now Own Four or More Connected Devices
July 8, 2025The way people use technology is changing, creating a complex situation for banks and retailers. Even though more devices are connected, many people are happy with the basic technology they have. ...Read moreB2B Companies Set to Disrupt Payments Tech Stack
July 8, 2025B2B companies want a simple, secure, consumer-like digital payments experience, Greg Castro, president of PayTrace by North, writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.” PayTrace ...Read morePayment Friction Taps the Brakes on Digital Growth in Brazil
July 7, 2025Brazil has become a global leader in mobile shopping adoption, with its consumers consistently demonstrating high engagement in digital commerce activities. The 2025 Global Digital Shopping Index: Brazil edition, commissioned ...Read moreTelehealth Popularity Pressures Providers to Modernize Patient Payments
July 4, 2025Telehealth has cemented itself as a standard delivery channel in U.S. healthcare, especially among young generations. However, while care has gone digital, payment systems largely have not. For providers, this growing ...Read moreContingent Workers Spark Need for Agile Workforce Payments
July 2, 2025As companies expand their global contingent workforce, efficient cross-border payments become essential, Papaya Global Chief Product Officer Amit Levi writes in in a new PYMNTS eBook, “Halftime 2025: Charting the Future ...Read moreKlar Raises $190 Million as Latin America Goes Cashless
July 1, 2025Mexican FinTech Klar has reportedly raised $190 million in new funding. The company’s Series C round, led by private equity firm General Atlantic, values Klar at more than $800 million, Bloomberg ...Read more