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Petco Bets on Highly Engaged Pet Parents to Ignite Growth
Petco plans to expand the range of consumables, supplies and services it offers for pets as it moves into the next phase of its operational plan, shifting its focus from cost savings to growth, Petco ...

Amazon Injunction Could Change the Future of Agentic Commerce
Amazon won an early legal victory this week when a federal judge issued a preliminary injunction blocking Perplexity from using the Comet browser’s artificial intelligence shopping agent to access p...

Walmart-Backed Flipkart Readies Mumbai IPO
Flipkart, one of India’s biggest eCommerce platforms, is preparing for a potential initial public offering (IPO) in Mumbai that could take place this year or early next year, Bloomberg reported Wedn...

Stitch Fix Clients Seek New Sizes as GLP-1 Use Climbs
Stitch Fix used its fiscal second-quarter earnings call to highlight how artificial intelligence and data-driven personalization are reshaping the way consumers discover and purchase apparel on its pl...

Perplexity Computer Uses Plaid Data to Personalize Financial Management
Perplexity has added deeper capabilities for financial research to its cloud-based agent product, Perplexity Computer. The company added these capabilities to Perplexity Finance, the data ...

PayPay Lowers IPO Price Amid Market Turbulence
Japanese digital wallet provider PayPay announced late Wednesday (March 11) that it is pricing its U.S. initial public offering at $16 per share. The shares are expected to begin trading o...

Amazon Streamlines Direct Sales for Merchants
Amazon is making it easier for merchants to participate in Shop Direct, its program that helps customers find and buy products that are not sold in its own store. The company now enables me...

Mastercard Moves to Normalize Crypto Inside Its Payments Ecosystem
The blockchain technology underpinning cryptocurrency is increasingly becoming divorced from the volatility and speculation of crypto markets themselves. In turn, it’s finding a new role ...

Gen Z Turns Mobile Apps and Credit Into Financial Discipline
Popular commentary portrays Generation Z as financially reckless, a cohort supposedly driven by impulse purchases, social media trends and a casual approach to money. The data tells a diffe...

FDIC Moves to Exclude Stablecoins From Deposit Insurance
The Federal Deposit Insurance Corporation (FDIC) plans to propose rules saying that stablecoins are not eligible for FDIC pass-through insurance, and that tokenized deposits are eligible for such insu...