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Amazon To Hit $2.5 Trillion In Market Cap By 2024

PYMNTS

trillion in market cap by 2024. On top of margins improving at Amazon Web Services, the analyst said the company’s fulfillment operations should have better profitability, and that Amazon’s fresh food delivery service should increase as well. percent of the retail market in the U.S,

Marketing 100
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Why Brick-And-Mortar Merchants Are Tapping Into Unattended Retail

PYMNTS

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. They can also help capture the ages, genders and emotions (in some cases) of shoppers.

Retail 198
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How Retailers Are Gearing Up For Contactless Payments Via mPOS

PYMNTS

From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers. While the pharmacy retailer had slowly brought the functionality to its brick-and-mortar stores, the rollout was subsequently publicized.

Retail 259
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How Unattended Retail Is Getting Smarter

PYMNTS

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 138
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PNC to spend $425M on improvement plan in 2024

BankInovation

As the Pittsburgh-based bank looks to continue to improve operations, it is pulling back on spending in other areas, including headcount, Chief Financial Officer Robert Reilly said during today’s fourth-quarter earnings call. In 2023, the […]

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Retail Chains Enjoy Brighter Prospects In Q2

PYMNTS

Conventional wisdom insists that malls and other brick-and-mortar merchants are a doomed species of retail, given the increasing dominance of Amazon and the growing tendencies of consumers to shop via mobile devices and other computers. The second quarter of 2018 was kind to such retailers as Target , Macy’s , Walmart and Nordstrom.

Retail 100
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Citizens to deliver on AI, data analytics in 2024

BankInovation

Citizens Bank is looking toward AI and generative AI technology to improve operational efficiency and client experience.