What should have been a Cyber Monday victory lap for Shopify turned into a midday nightmare as merchants worldwide lost access to their admin dashboards and point‑of‑sale systems on one of the busiest online shopping days of the year. Storefronts kept taking orders, but merchants...
American consumers are projected to spend $14.2 billion for Cyber Monday. That’s up 6.3% from 2024 and follows record levels of eCommerce shopping on Black Friday, Reuters reported Monday (Dec. 1), citing Adobe Analytics data. As Reuters noted, the all-time high of $11.8 billion in...
GenAI is part of many conversations these days. And it’s true the technology has the potential to transform businesses — improving customer support, risk management and even commerce itself. But as Sam Hamilton, head of AI and Data at Visa, told Karen Webster in the...
Record post-Thanksgiving sales have caused Target to raise its sales guidance. The retailer announced Thursday (Jan. 16) that it now anticipates an approximately 1.5% increase in fourth-quarter comparable sales after earlier projecting flat growth. “Compared with its third-quarter sales trends, the company saw a meaningful acceleration in discretionary categories...
January 22, 2025
GenAI is part of many conversations these days. And it’s true the technology has the potential to transform businesses — improving customer support, risk management and even commerce itself. But as Sam Hamilton, head of AI and Data at Visa, told Karen Webster in the latest installment of the “What’s Next in Payments: Memo to […]
December 06, 2024
Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Walmart reported record sales for its third-party...
November 01, 2024
Walmart and Amazon are both ramping up their strategies for Black Friday and Cyber Monday, seeking to capture consumer interest during the holiday shopping season. Walmart’s Black Friday events will...
December 05, 2023
’Tis the season … … to puzzle out how to get everyone on your list, well, satisfied. Without breaking the bank. PYMNTS Intelligence data, headed into the holiday shopping frenzy...
December 10, 2025
Consumer retail spending from the week before Thanksgiving through Cyber Monday (Dec. 1) was up 9% year over year, American Express Chairman and CEO Stephen J. Squeri said Wednesday (Dec. 10). Among the company’s Platinum cardholders, spending was up 13%, Squeri said during a discussion at the Goldman Sachs Financial Services Conference. Speaking of the […]
December 01, 2025
What should have been a Cyber Monday victory lap for Shopify turned into a midday nightmare as merchants worldwide lost access to their admin dashboards and point‑of‑sale systems on one...
December 01, 2025
American consumers are projected to spend $14.2 billion for Cyber Monday. That’s up 6.3% from 2024 and follows record levels of eCommerce shopping on Black Friday, Reuters reported Monday (Dec....
January 16, 2025
Record post-Thanksgiving sales have caused Target to raise its sales guidance. The retailer announced Thursday (Jan. 16) that it now anticipates an approximately 1.5% increase in fourth-quarter comparable sales after earlier projecting flat growth....