Amazon is reportedly developing a wearable device that is activated by voice to recognize human emotions. The effort is a collaboration between the Alexa voice software team and Lab126, which is a group behind the Echo smart speaker as well as Amazon’s Fire phone, Bloomberg...
U.S. Treasury Secretary Steven Mnuchin told Congress on Wednesday (May 22) that he spoke with Walmart Chief Financial Officer Brett Biggs about the effects of the U.S.-China trade war on prices, according to a report by CNBC. Get the Full Story Complete the form to...
Target notched an impressive beat when it reported its Q2 earnings earlier this morning (May 22), with earnings and sales both clearing analyst predictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
To prevent consumers from leaving their carts behind before they pay, businesses need to have strong online checkout processes that convert online shoppers into customers. The aim is to head off the real and pertinent issue of checkout abandonment, which, according to some estimates, happens...
Selling alcohol is a more complicated process than the average consumer generally appreciates when they order a glass of wine with their restaurant meal or pick up something at a liquor store. Some of the difficulty is that alcohol is one of the most regulated...
With loyalty, digital marketing and merchandise contributing to declines across its full-priced and off-priced businesses, Nordstrom reported first-quarter earnings that were below analysts’ expectations. The department store retailer reported revenues of $3.4 billion and earnings per share of 23 cents compared to analyst’s expectations of $3.6...
While there aren’t too many universally common experiences among human beings, eating and sleeping will always and everywhere make the list. Of the two, eating is the more obviously monetizable activity, since food (or something like it) is something than can be sold directly to a...
Smartphones fit squarely in the center of the social and digital lives of many shoppers — and provide these consumers with constant connectivity. They have also created a new market standard, with consumers expecting that their needs to be met right away — whenever as...
As brick-and-mortar retailers work to survive in this digital age, they are looking to another digital tool in that ongoing effort: 3D mapping. It’s among the latest ways that spatially focused technology promises to improve the retail experience. Get the Full Story Complete the form to...
