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50% of Amazon Prime, Walmart+ Subscribers Step Up During Sales Events

50% of Amazon Prime, Walmart+ Subscribers Step Up During Sales Events
50% of Amazon Prime, Walmart+ Subscribers Step Up During Sales Events
August 23, 2024  |  Retail

As retailers vie to capture consumer interest, the juxtaposition of Amazon Prime Day and Walmart+ Week underscores the evolving landscape of shopper loyalty. Get the...

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$875 Up for Grabs: Amazon and Walmart Woo Back-to-School Shoppers
$875 Up for Grabs: Amazon and Walmart Woo Back-to-School Shoppers
August 23, 2024  |  Retail

As school season approaches, prompting parents to shell out hundreds of dollars, retail giants Amazon and Walmart are each vying to be shoppers’ go-to for...

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FinTech IPO Index Slips 1.4% As Overseas Companies Show Mixed Results
FinTech IPO Index Slips 1.4% As Overseas Companies Show Mixed Results
August 23, 2024  |  Fintech Investments

It was a relatively quiet week on Wall St. as FinTech news started to hit the slow part of the Q2 earnings season. A lot...

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Peloton Confronts Subscription Declines Amid Strategic Shifts
Peloton Confronts Subscription Declines Amid Strategic Shifts
August 22, 2024  |  Earnings

Despite a solid financial footing and promising strategic innovations, Peloton’s fourth-quarter results reported Thursday (Aug. 22) expose a troubling reality: a dramatic plunge in subscription numbers....

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Playing for Keeps: Hasbro’s New SVP Tackles Digital-First Future in Toy Industry
Playing for Keeps: Hasbro’s New SVP Tackles Digital-First Future in Toy Industry
August 22, 2024  |  Retail

The toy business isn’t exactly fun and games these days. Amazon and Walmart have compressed the retail picture. The direct-to-consumer (D2C) business is suffering through...

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Skyfire CEO Says AI Agents Need New AI Payments Rails
Skyfire CEO Says AI Agents Need New AI Payments Rails
August 22, 2024  |  artificial intelligence

A new startup is addressing a significant challenge in artificial intelligence: enabling AI agents to independently manage financial transactions. Get the Full Story Complete the...

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40% of Consumers Paid Full Price During Amazon Prime Day, Walmart+ Week
40% of Consumers Paid Full Price During Amazon Prime Day, Walmart+ Week
August 22, 2024  |  Retail

As summer sales events like Amazon Prime Day and Walmart+ Week annually draw significant consumer attention, a recent PYMNTS Intelligence report examines key insights into...

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Macy’s Pins Hopes on ‘First 50’ Strategy Despite Overall Sales Drop
Macy’s Pins Hopes on ‘First 50’ Strategy Despite Overall Sales Drop
August 21, 2024  |  Retail

Macy’s officials are confident in their “A Bold New Chapter” strategy, highlighted by the company’s First 50 locations. Get the Full Story Complete the form...

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Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
August 21, 2024  |  Faster Payments

The Federal Reserve’s latest report to Congress offered a snapshot of money spent — and returns on investment — on all manner of payment systems....

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