The Consumer Financial Protection Bureau (CFPB) will propose new regulations directed at companies that track and sell people’s personal data. The proposal will be announced Tuesday (Aug. 15) at the White House and will broaden the scope of the Fair Credit Reporting Act, a law governing the...
Blue oceans and red oceans beckon for payment facilitators. As PayFacs choose where to spend their time and money, as they examine competitive landscapes, Bill Dobbins, senior vice president and head of acquiring at Visa, told Karen Webster that there’s an opportunity to change the way payments...
Over the past few years, the beauty category has witnessed unprecedented growth, leading to a surge in new brands, innovative products, and cutting-edge marketing strategies. However, while the beauty category has thrived and evolved, it doesn’t necessarily mean that retailers not associated with beauty will...
The Federal Trade Commission (FTC) is hitting Experian Consumer Services (ECS) with a $650,000 fine over charges that it sent its customers unsolicited emails without providing them a way to unsubscribe. The FTC’s complaint said ECS violated the CAN-SPAM Act, according to a Monday (Aug....
Amazon may be cutting back on its private-label offerings overall, but it seems that, when it comes to grocery brands, the eCommerce giant may just be getting started. The company will be adding brick-and-mortar grocery subsidiary Whole Foods Market’s private-label brand, 365 by Whole Foods...
As restaurants look to expand their reach to more parts of consumers’ day-to-day routines, many fast-food chains are getting into consumer-packaged goods (CPG). Take, for example, the coffee aisle, which is filling up with restaurant brands. Tim Hortons, the North American coffee chain with more...
As restaurants’ loyalty efforts become more important amid today’s macroeconomic pressures, inventory management technology can be key to customer retention. In an interview with PYMNTS, Stratis Morfogen, owner and CEO of Brooklyn Dumpling Shop, an automat-style chain with a handful of locations in the Northeast (and more...
Artificial intelligence (AI) holds seemingly unlimited potential to impact nearly all areas of human activity across personal, professional and social life, as well as politics and the global economy. AI has even captured the attention of organizations as disparate as the Pentagon and the Catholic Church’s...
While Macy’s is making its plans public to enhance its private business, Amazon is reducing its focus on private-label operations. This summer, Macy’s announced its plans to launch four private brands by the end of 2025. The first brand, called “On 34th,” is scheduled to...
