It is National Small Business Week in the U.S., and the spotlight is on business-to-business (B2B) innovation. That’s why PYMNTS spent Monday (April 29) unpacking how small businesses with big ambitions are turning to artificial intelligence (AI) to drive growth; Tuesday (April 30) discussing the need for Main Street...
Amazon’s B2B procurement store is rolling out new resources designed to help smaller entrepreneurs. It’s all part of Amazon Business’ third annual Small Business Month, the retail giant announced Wednesday (May 1) as it introduced an online resource center dubbed the “Small Business Success Studio.” The free service...
Amazon reported strong financial results for the first quarter of 2024, as the company doubles down on its artificial intelligence (AI) initiatives and sees a resurgence in its cloud computing division, Amazon Web Services (AWS). The eCommerce giant’s net sales increased 13% year-over-year to $143.3 billion, while operating...
Estée Lauder Companies’ debut of its first brand on the U.S. Amazon Premium Beauty store has “greatly exceeded” the company’s retail sales expectations so far. This new offering, which started with the Clinique brand in late March and will expand to include a select few other brands, has strategically expanded the...
May 03, 2024
As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Walmart announced Tuesday (April 30) the launch of bettergoods, its largest private-brand food rollout in two decades, promising low-priced, “chef-inspired” items ranging from chicken wings to nut butter. “Today’s customers expect more from the private brands they […]
May 01, 2024
If there’s a theme for retailers this earnings season, and especially for dining, it might be crystallized in the comments this week from McDonald’s CEO Chris Kempczinski, who told analysts:...
April 30, 2024
Typically, consumers’ preferred purchasing channel remains the physical store, but when it comes to buying electronics, shoppers turn to third-party marketplaces for affordability and convenience. By the Numbers The new PYMNTS Intelligence...
April 25, 2024
As Walmart looks to speed its digital transformation in an effort to shrink the eCommerce gap between itself and rival Amazon, the retailer is giving digital shoppers exclusive access to get them...
May 02, 2024
Amazon’s B2B procurement store is rolling out new resources designed to help smaller entrepreneurs. It’s all part of Amazon Business’ third annual Small Business Month, the retail giant announced Wednesday (May 1) as it introduced an online resource center dubbed the “Small Business Success Studio.” The free service offers lessons in finance, marketing, procurement and operations, along with […]
May 01, 2024
Estée Lauder Companies’ debut of its first brand on the U.S. Amazon Premium Beauty store has “greatly exceeded” the company’s retail sales expectations so far. This new offering, which started with the Clinique brand in late...
April 29, 2024
Amazon says its Prime deliveries have reached their fastest speed on record. The eCommerce giant announced Monday (April 29) that more than 2 billion items had arrived the same day or on...
April 26, 2024
Iris Software Group has launched an integration with Amazon Business that will help schools in the United Kingdom streamline and automate their purchasing process. This integration will enable 5,254 Iris customers to...
