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Shoppers Are Caught Off Guard as Prices on Everyday Items Change More Often

CFO News Room

“There have been more times than not where we’re almost just breaking even on products because of failure to be able to update the pricing,” said Jeff Wachenfeld, who manages two True Value hardware stores on New York’s Long Island. So-called dynamic-pricing strategies aren’t new. So-called dynamic-pricing strategies aren’t new.

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Pinterest Launches Augmented Reality Eyeshadow Try-On Tool

PYMNTS

The roll-out follows the success of Pinterest’s try-on tool for lipstick, which was launched last year. The company is also expanding product tagging beta and will soon give creators the opportunity to develop shoppable Story Pins and tag products. The existing lipstick Try on will toggle between lip and eyeshadow.

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10 Weekend Reads

Barry Ritholtz

Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Kanye and Adidas: Money, Misconduct and the Price of Appeasement : A year ago, after producing hundreds of shoe styles and billions of dollars together, Adidas broke with Kanye West as he made antisemitic and other offensive public comments.

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10 Monday AM Reads

Barry Ritholtz

It’s a New Era for Tech Stocks. Regulators seem opposed to every proposed merger, while legislators push for new rules to crack down on the internet giants. When JPMorgan Chase analysts last year described Chinese internet companies as “uninvestable,” their report helped erase about $200 billion from US and Asian markets.

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Pakistan Launches Payment System To Boost Financial Inclusion

PYMNTS

The new system is called "Raast," or "direct way," and will be rolled out in three phases culminating in early 2022, according to the news outlet. The system was developed over a period of years by a collaboration between the State Bank of Pakistan and the Bill & Melinda Gates Foundation.

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Verishop Adds More Social Features To Its eCommerce App

PYMNTS

Social commerce platform Verishop is adding new social features to its app, allowing all users to share content and interact with other shoppers and brands. We think browsing photos and videos online is the new window shopping, and people are the new everyday stylists,” the release says.

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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

Still, that seems so old-fashioned in this digital age — at least according to Andrea Chavez, Founder of Pawscout , a company whose signature product is a Bluetooth-enabled tag that not only helps pet owners find their wayward pets, but gives them access to other digital and mobile services.

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