Search results for "amazon"

July 05, 2023
ChatGPT’s Success Hits a Speed Bump With Decreasing Traffic

It was only a few months ago in November that OpenAI released their ground-breaking ChatGPT chatbot, and since then the chatbot has enjoyed unprecedented success with more than 100 million...


July 05, 2023
Instacart GM Says Online Complexity Complicates Grocers’ Efforts to Build...

As Instacart steps up its digital capabilities, it becomes increasingly difficult for grocers — especially smaller players — to build competitive in-house eCommerce systems. In an interview with PYMNTS following the announcement...


July 05, 2023
Meta’s Threads App Launch Postponed in EU Amid Data Privacy...

Meta’s Twitter rival, Threads, which is due to release worldwide on Thursday (July 6), will not be offered in the European Union. Per a preview image of the app displayed in Apple’s...


July 05, 2023
Jenny Craig to Get New Life as eCommerce Brand

Bankrupt weight-loss company Jenny Craig is getting a new lease on life. As CNBC reported Wednesday (July 5), rival weight-loss meal firm Wellful has purchased Jenny Craig’s assets and will revive it as an eCommerce company....


July 05, 2023
Mars Acquires Omnichannel Meal Company Amid Rising Demand for Ready-to-Eat

As consumers increasingly seek out quick, simple meal options in stores and online, Mars is getting into the space with its latest acquisition. On Wednesday (July 5), the confectionery giant’s...


July 05, 2023
Biden Student Loan ‘On-Ramp’ Shields Borrowers Who Miss Student Loan...

The White House wants to offer debt relief to student loan borrowers as payments resume. According to an announcement last week by the U.S. Department of Education, the government will set up a...


July 05, 2023
Amazon Ordered To Produce UK, Germany Data In Antitrust Class...

Amazon’s tactics to limit competition have come under fire from the US courts this week, as the company has been ordered to produce sales data from the United Kingdom and...


July 05, 2023
Flipkart Expands Banking Plans With Personal Loans Program

Walmart’s Flipkart is reportedly entering the lending sector as it battles Amazon for India’s consumers. The eCommerce site has begun offering customers personal loans through a partnership with Axis Bank,...


July 05, 2023
ReturnQueen Founders Are on a Mission to Make Returns a...

Returns have long been a cumbersome process for consumers, commonly regarded as a task most of them detest. This intense dislike has gradually permeated through brands and retailers, impacting their...


Walmart Vs. Amazon Whole Paycheck: Battle For The Digital-First Consumer
Amazon, Walmart Gain Q3 eCommerce Sales, But Lose Share of Total Spend  Spoiler alert: This edition of the Whole Paycheck Tracker report, the exclusive PYMNTS data dive on the claim Amazon and Walmart make on their share of the U.S. consumer’s whole paycheck, does not contain the customary exponential increases associated with these two retailers.
The Battle for Consumer Retail Spend: Amazon Versus Walmart Q2 2022: The Discretionary Spend Play
Amazon’s Lead in Consumer Discretionary Spend Remains Unchallenged  In the clash of the retail titans, Walmart leads in grocery and personal care spend, but Amazon dominates in clothing, furniture, appliances and hobbies, the Q2 2022 edition of "The Battle For Consumer Retail Spend: Amazon Versus Walmart" found, while also exploring ways consumers stand to gain from the rivalry.