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

CFO News Room

As a retailer, what I really care about is loyalty,” said Brian Elliott, a partner at the management consulting firm McKinsey & Co. “If A weekly digest of tech reviews, headlines, columns and your questions answered by WSJ’s Personal Tech gurus. We are printing thousands of new price tags every week,” Mr. Griffin said.

Retail 130
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Deep Dive: How Digital ID Verification Helps Build Trust in Carsharing and Housesharing Platforms

PYMNTS

Consumers who rent an Airbnb , book a pet care provider with Rover or request an Uber need to be sure that the service providers on the other end are who they say they are and will provide what the user is paying for. Biometrics-based identity verification has emerged as a preferred tool to win trust while reducing friction. .

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Walgreens Adds To Digital 3.0 Momentum

PYMNTS

While Lululemon bought an entire company to get closer to consumers at home, Walgreens expanded a partnership with Microsoft and Adobe to launch a new customer insights platform the company says will deliver personalized healthcare and shopping offerings. Two new projects have already been tagged for the initiative.

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Pebble Shuts Down After Fitbit Buys Software

PYMNTS

In a press release , Fitbit said it acquired Pebble’s key personal and intellectual property related to software and firmware development. Terms of the deal were not disclosed, but media reports last week pegged the price tag at anywhere from $35 million to $40 million. The acquisition excludes the company’s hardware products.

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Cigna and CVS Team To Deliver Services To Cigna’s Self-Funded Health Plans

PYMNTS

Cigna and CVS Health announced Thursday (June 8) the launch of Cigna Health WorksSM: a new collaboration, that aligns Cigna-administered health benefits with CVS Pharmacy and CVS MinuteClinic retail health care services to deliver services for Cigna self-funded employer-sponsored health plans.

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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

PYMNTS

Data breaches now cost Saudi Arabia and UAE companies about $188 for each stolen personal detail, for example, and this price tag is exponential because most hacks compromise thousands of records. The pandemic has refocused scrutiny on the open banking ecosystem’s privacy and security.

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Fitbit Acquires European Smartwatch Maker Vector Watch Software

PYMNTS

” Last month, Fitbit acquired Pebble’s key personal and intellectual property related to software and firmware development, but the acquisition excluded the company’s hardware products. Terms of the deal were not disclosed, but media reports pegged the price tag at anywhere from $35 million to $40 million.