News

Retail
Saks Seeks Bankruptcy Protection and Names New CEO
January 14, 2026

Luxury retail company Saks Global has declared bankruptcy amid mounting debts. 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...

Artificial Intelligence
Musk Predicts AI Will Lead to Abundance When AGI Arrives
January 14, 2026

Elon Musk says AI will eventually become so advanced that it will lead to worldwide abundance. 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...

Payments Innovation
Card Program Complexity Puts Scale-or-Stall Pressure on Issuers
January 14, 2026

Card programs have become tools in modern payments, enabling banks, FinTechs and non-financial brands to extend financial services, deepen customer relationships and unlock new revenue streams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
High Earners Make Card Installments a Pay-Later Power Tool
January 14, 2026

Pay later is no longer a niche solution for cash-strapped consumers, as high earners increasingly use credit card installment plans to manage spending with precision and control. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Saks Global CEO to Exit Company as Bankruptcy Filing Nears
January 13, 2026

Saks Global is reportedly set to make its second leadership transition in two weeks. 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...

Wearables
Meta and EssilorLuxottica Consider Doubling Smart Glasses Production Capacity
January 13, 2026

Meta and eyewear maker EssilorLuxottica are reportedly considering doubling their capacity to produce Ray-Ban Meta smart glasses from 10 million to 20 million by the end of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Does Google’s Agentic Partnership With Walmart Signal the End of Click-and-Buy Retail?
January 13, 2026

What’s next in commerce and retail changes almost every day. But some days bring bigger changes than others. 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...

IPO
Kraken-Affiliated KRAKacquisition Plans to Go Public
January 13, 2026

Kraken-affiliated company KRAKacquisition Corp is the latest cryptocurrency firm planning to go public. 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....

Artificial Intelligence
Microsoft Turns Retail Into an AI Agent Test Bed
January 13, 2026

With CES wrapping last week and the National Retail Federation event kicking off Monday (Jan. 12) there’s been a renewed focus on The Prompt Economy’s intersection with retail. If there’s a theme to recent announcements in this area it’s about workflows and the workforce. Get...