OpenAI is accelerating plans for a potential initial public offering as soon as the fourth quarter, positioning the ChatGPT maker for a high-profile debut just as rivals move to reach the public markets first. The push is being watched closely across the digital economy because...
Online shopping has stopped being a young person’s game, and the data now points to a broader shift: where consumers shop is increasingly tied to how they pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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Saks Global will wind down the majority of its off-price operations, including most Saks OFF 5TH locations and all Neiman Marcus Last Call stores, Reuters reported Thursday (Jan. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amazon is discussing investing as much as $50 billion in OpenAI, The Wall Street Journal reported Thursday (Jan. 29), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
At a high level, the direct-to-consumer (D2C) model arrived with the promise to eliminate intermediaries, speak directly to customers, and use digital channels to deliver lower prices, tighter feedback loops and cleaner brand narratives. Get the Full Story Complete the form to unlock this article...
Starbucks is preparing to launch an updated version of its loyalty rewards program. 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...
Amazon and Walmart are battling on two of the largest, most habitual spending categories in the U.S. economy: grocery and healthcare. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Verification and fraud prevention firm Sumsub debuted its AI Agent Verification tool. 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...