News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

(source: pymnts.com)

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

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...

READ MORE >
Saks Launches Retail Media Network Targeting Luxury Shoppers
Saks Launches Retail Media Network Targeting Luxury Shoppers
April 23, 2024  |  Retail

Saks is now offering digital advertising to connect brands with luxury shoppers on its platform. The new Saks Media Network delivers sponsored product ads and display...

READ MORE >
58% of Gen Z Shoppers Prefer Debit Cards for Online Shopping 
58% of Gen Z Shoppers Prefer Debit Cards for Online Shopping 
April 23, 2024  |  eCommerce

Few things must be as frustrating to an eCommerce merchant as cart abandonment. But, as PYMNTS Intelligence found in compiling its “How Preferred Payment Availability...

READ MORE >
Pepsi: Snack, Soda Consumer Resiliency Drives Growth
Pepsi: Snack, Soda Consumer Resiliency Drives Growth
April 23, 2024  |  Earnings

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...

READ MORE >
UPS Looks to Returns, Big-and-Bulky Deliveries to Boost Shipping Volumes
UPS Looks to Returns, Big-and-Bulky Deliveries to Boost Shipping Volumes
April 23, 2024  |  Earnings

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...

READ MORE >
Philippines Wants Binance Yanked From Apple and Google App Stores
Philippines Wants Binance Yanked From Apple and Google App Stores
April 23, 2024  |  Cryptocurrency

Cryptocurrency giant Binance could soon find it harder to do business in the Philippines. The country’s Securities and Exchange Commission (SEC) on Tuesday (April 23) called on Apple and...

READ MORE >
Meta Aims to Ignite Enterprise Productivity With Open Metaverse OS
Meta Aims to Ignite Enterprise Productivity With Open Metaverse OS
April 23, 2024  |  Meta

Teamwork makes the dream work. And when the dream is an interoperable virtual reality (VR) world based on a proprietary operating system (OS), you are...

READ MORE >
Consumers Demand AI-Powered Expertise When Exploring New eCommerce Categories
Consumers Demand AI-Powered Expertise When Exploring New eCommerce Categories
April 23, 2024  |  Retail

When trying unfamiliar products online, consumers demand a high degree of expert, personalized guidance — the kind that they are used to getting in stores...

READ MORE >
Google Aims to Move Faster to Meet ‘Systemic’ Challenges
Google Aims to Move Faster to Meet ‘Systemic’ Challenges
April 23, 2024  |  Google

Google aims to move faster and get closer to its customers as it meets “systemic” challenges. Prabhakar Raghavan, senior vice president at Google responsible for...

READ MORE >