As the COVID-19 virus continues to spread in the U.S. and the measures to contain it become more drastic and more strictly enforced, consumers are understandably worried. According to the data in PYMNTS’ COVID-19 Brief series, which surveys a little more than 2,000 consumers on their...
The story of the week for Amazon and Walmart was the same story playing out in various forms throughout the U.S. economy — the unfolding COVID-19 outbreak and managing the various pieces of economic collateral damage being carried in its wake. Both of the nation’s...
The battle royale for share of wallet between eCommerce trailblazer Amazon and ultra-merchant Walmart rages on, as the latest PYMNTS Whole Paycheck Tracker data shows, with Amazon enjoying an early 2020 lead on the strength of a stellar Q4 earnings report. Contrariwise, the Bentonville behemoth...
The earnings are out, the early moves are made and the race for the consumer’s whole paycheck in 2020 is officially underway and moving full speed ahead. Thus far the advantage seems to be tipping toward Amazon, which got out of the gate with a...
It was a fairly quiet week on the Walmart front in the race for the consumer’s whole paycheck, with only one big piece of news out of the Bentonville headquarters. That may end up being a trend through next week as the world, watches for...
The big winner in the headlines race this week was certainly Amazon, which dropped a stronger than expected Q4 earnings report capped off with the announcement that its Prime membership subscriptions had reached the 150 million user mark. Walmart had plenty of news, though nothing...
It was a good week for Amazon’s stock price, with a valuation that briefly exceeded $1 trillion before falling back into the far more conservative $927 billion range, reaffirming its membership in the trillion-dollar club along with Microsoft ($1.27 trillion market value), Apple ($1.38 trillion market value)...
There was a lot of movement this week in the race for the consumer’s whole paycheck – in all directions. Both racers saw big steps forward; in Amazon’s case, that came in the form of its ongoing fight against counterfeiters attempting to sneak onto the...
It was a big week for peeks at what’s to come in the race for the consumer’s whole paycheck as both Walmart and Amazon had big upgrades to announce. Amazon was particularly busy as it spent much of the week at CES in Las Vegas...