News

Retail
Report: Negotiations Continue After Neiman Marcus Rejects Saks Takeover Bid
December 01, 2023

Neiman Marcus has reportedly rejected a $3 billion takeover bid from Saks Fifth Avenue. 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...

Retail
Express CEO Admits Product Assortment Failed to Connect With Customers
December 01, 2023

This quarter, fashion retailer Express is looking at merchandise discounts to draw in more shoppers.  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,...

Retail
Ulta Rings up Beauty Value for Shoppers
December 01, 2023

Ulta Beauty is delivering bargains and luring customers. 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 completing this form, you...

IPO
Panera Brands Plans Confidential IPO in 2024
December 01, 2023

Panera Brands, the casual dining group owned by investment group JAB, has confidentially filed paperwork for an initial public offering (IPO) in the U.S., according to sources familiar with the matter. The Missouri-based group is planning to go public in 2024, signaling a potential revival...

Faster Payments
Five Months in, FedNow Is ‘Doing What It Was Planned to Do’
December 01, 2023

Five months since the FedNow® Service launched, Miriam Sheril, head of product, U.S. at Form3, told PYMNTS, there are some encouraging signs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Amazon Amps Up AI Efforts, While Walmart Takes a Shoppable Blockbuster Approach
December 01, 2023

This week, eCommerce giant Amazon rolled out a new slew of artificial intelligence (AI) tools, giving brands and retailers a chance to upgrade their customer experiences without breaking the bank. Mega retailer Walmart, on the other hand, is hoping to draw more shoppers with a new blockbuster debut. ...

IPO
FinTech IPO Index Gains 4.3%, Affirm Jumps on BNPL’s Black Friday Popularity   
December 01, 2023

And now, we’re back to the regularly scheduled stock market volatility. 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 completing...

Payment Methods
What to Know About the Embedded Finance Opportunity for Software Platforms and Marketplaces
December 01, 2023

Embedded finance has the potential to revolutionize the way software platforms and marketplaces operate. 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...

Mobile Commerce
Microsoft Prepares to Launch Mobile Gaming Store
November 30, 2023

Microsoft is in talks with partners to launch a mobile gaming store that would compete with those of Apple and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...