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With sales falling, Apple is reportedly closing a store in China for the first time.
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Apple’s store at the Parkland Mall in Dalian City will close Aug. 9, Bloomberg News reported Tuesday (July 29), citing a statement from the company which said a changing landscape at the shopping complex was behind the decision.
According to Bloomberg, Apple has around 56 stores in the...
Watch more: Need to Know: Trulioo
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A shopping journey that begins when a consumer hears about a product on a livestream and ends in a completed purchase without ever opening a browser is no longer a futuristic scenario. Agentic artificial intelligence (AI) makes it possible for software agents to fill a shopping cart, transfer funds, approve invoices and complete...
It’s easy to romanticize modern commerce: Tap a screen, and in hours or even minutes, groceries, gadgets and garments appear at your door. But behind that magical moment is a brutal, complex dance of logistics that most retailers are still fumbling to master.
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Retailers love to admire Amazon, but few have internalized the lessons behind its logistics success, leaving...
Watch more: FIS: Customer Retention Emerges as Key Growth Strategy Amid Uncertainty
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Rising capital costs, tighter regulatory scrutiny and fragmented global trade are battering the business environment.
It’s against this backdrop that financial technology companies are under pressure to do something counterintuitive: grow without spending.
“Customers want innovation, but...
Watch more: i2c: Client Engagement and ‘Thoughtful Acceleration’ Key to Navigating Uncertainty
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In times of uncertainty, there’s often only one acceptable direction for businesses: forward.
“Money must keep flowing,” David Durovy, senior vice president transformation at i2c, told PYMNTS during a discussion for the “What’s Next in Payments: Trade Offs” series.
The broader...
Nearly half of U.S. consumers report being unable to purchase essential goods such as food, household supplies, and apparel due to stockouts, according to a new report by PYMNTS Intelligence.
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The research in the June 2025 Consumer Tariff Sentiment report, “Stock Out. The Impact of Tariffs on Consumer Product Prices and Availability,” found that 47% of shoppers were...
The escalating sophistication of financial scams is forcing financial institutions to re-evaluate their defense strategies, as new research reveals that criminals are now mimicking legitimate business tactics to defraud consumers.
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A recent report, “How Scammers Tailor Financial Scams to Individual Consumer Vulnerabilities,” produced by PYMNTS Intelligence in...
Instant disbursements have quietly become a cornerstone of how consumers manage their money. What began as a convenient perk for occasional refunds or rewards has evolved into a vital income stream for millions. For younger generations and gig workers, instant payouts are no longer optional. They are essential for financial stability.
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The data shows just how quickly...
Western Union is looking to stablecoins and artificial intelligence (AI) to deliver efficiencies at a time when it is dealing with the effects of macroeconomic and political uncertainty.
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A slowdown in its North America retail business and lower revenue in Iraq drove a 4% decrease in revenue in the second quarter, the provider of cross-border, cross-currency money...
The Trump administration is reportedly set to press for the use of digital assets in 401(k) plans and mortgages.
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President Donald Trump is expected to issue an executive order that calls for 401(k) plans to open to additional assets that could include cryptocurrencies, CoinDesk reported Monday (July 28).
The administration’s plan for mortgages was announced in a recent...