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July retail sales declined as consumers shifted to more selective spending, with PYMNTS data showing increased budget prioritization through brand switching, merchant switching, and discount hunting.
Citi is acquiring Kard Financial, a commerce media and rewards platform, to expand personalized rewards and customer engagement capabilities for its U.S. card business.
Sionic launched its instant bank pay service through Microsoft Marketplace, enabling real-time, bank-to-bank payments at the point of sale.
Simon Property Group reported 13.9% retailer sales growth in Q2, attributed partly to live events at its premium outlets and destinations; the strategy signals physical retail's continued reliance on
J.P. Morgan Payments has integrated Klarna's buy-now-pay-later options into its Commerce Platform, allowing U.S. merchants to offer the service without separate technical integration.
Starbucks is reviving a fan-favorite item as the chain faces traffic headwinds amid increased competitive pressure.