April 23, 2024
Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships

With ongoing financial challenges prompting consumers to make more conservative spending changes, major membership wholesale clubs’ latest promotions suggest they are having trouble getting shoppers to spring for full-priced memberships....

April 23, 2024
Spotify Dubs 2024 ‘Year of Monetization’ as Subscribers Surge 14%...

Spotify is tuned in to upbeat earnings outcomes, marking a robust beginning to its designated “year of monetization” after a standout performance in 2023 characterized by significant revenue growth, margin...

April 23, 2024
Apple Acquires Paris AI Startup Datakalab

Apple has stepped up its foray into artificial intelligence (AI) by acquiring Datakalab, a Paris-based AI tech startup.  The acquisition, finalized on Dec. 17, was quietly noted in a filing...

April 23, 2024
PSCU/Co-op Solutions Adds Amazon One to Digital Wallet Integrations

PSCU/Co-op Solutions has added Amazon One to its suite of digital wallet integrations for client card issuers. This pay-by-palm solution is now available to credit unions on a pilot basis and is expected to be generally...

April 23, 2024
Shoppers Seek More Accessible Grocery Options From eCommerce Marketplaces

Consumers find stores’ own online grocery platforms more accessible than third-party marketplace offerings, bucking broader retail trends. Now, major players such as Amazon and DoorDash are trying to win those...

April 23, 2024
Mexican Watchdog Probes Amazon and Mercado Libre Over Loyalty Bundles

The Federal Economic Competition Commission (COFECE) in Mexico has set its sights on tech giants Amazon and Mercado Libre. The antitrust regulator’s investigation centers on the integration of streaming services...

April 23, 2024
Pepsi: Snack, Soda Consumer Resiliency Drives Growth

PepsiCo is crediting its quarterly growth to resilient consumer behavior, especially on an international scale.  The soda and snack food giant on Tuesday (April 23) released earnings showing 2.3% net revenue growth,...

April 23, 2024
UPS Looks to Returns, Big-and-Bulky Deliveries to Boost Shipping Volumes

UPS is looking to returns and big-and-bulky deliveries to expand its addressable market at a time when its shipping volumes have been decreasing.  The company saw a slower rate of...

April 23, 2024
Amazon Launches Grocery Subscriptions for Prime and EBT Customers

Amazon has introduced grocery delivery subscriptions for Prime members and EBT users. The new service, announced Tuesday (April 23), is launching in more than 3,500 locations around the U.S. It gives Prime members...