When one thinks of retail competition, the battle between eCommerce and brick-and-mortar is typically what leaps to mind. Traditionally, Amazon has been the eCommerce landscape’s leading representative, and Walmart the flag bearer for traditional physical shopping. But 25-plus years into the 21st century, that framing...
The traditional consumer journey from initial home project idea to completed build is notoriously inefficient, opaque and cash intensive. Retailers and construction managers are now turning to artificial intelligence (AI) to create a streamlined, digitally native decision path that dictates where and how money is...
Consumer retail spending from the week before Thanksgiving through Cyber Monday (Dec. 1) was up 9% year over year, American Express Chairman and CEO Stephen J. Squeri said Wednesday (Dec. 10). Among the company’s Platinum cardholders, spending was up 13%, Squeri said during a discussion...
Amazon says its same-day perishable grocery delivery service has reached 2,300-plus communities. Now, Amazon is planning additional growth in 2026 as it finds itself on track to deliver at its fastest speeds ever for Prime members worldwide for the third consecutive year, the tech giant announced Wednesday (Dec....
Amazon plans to invest $35 billion in India through 2030 to support business expansion, artificial intelligence (AI) digitization, export growth and job creation. This will build on the $40 billion the company has already invested in India in terms of compensation to employees and development...
Amazon is rolling out new shopping features for its artificial intelligence (AI) assistant Alexa+. As reported Tuesday (Dec. 9) by TechCrunch, these features include a shopping hub, a feature that lets users add items to recent orders and personalized recommendations. The report notes that while Amazon has been...
Retail’s triple crown of Walmart, Amazon and Target saw major shifts in who shopped this year’s Black Friday sales—and not all the changes were identical. New PYMNTS Intelligence data shows that as millions of Americans became more cost-constrained this summer and fall, they overwhelmingly favored...
Pinterest and Walmart plan to pilot a shoppable recipe experience in the United States and will roll it out over the coming weeks. This collaboration enables Pinterest users to discover recipes on the visual search and discovery platform, tap on ingredients from eligible recipe Pins...
On the holiday gift list, your pet is the only recipient who will neither say “thank you” nor fake delight while quietly calculating the resale value of your choices. Dogs will wag for a box of tissues. Cats will treat a $900 smart gadget with...