Walmart Canada Introduces Flexible Buy Now, Pay Later Payment Option
Walmart Canada is offering an interest-free Buy Now, Pay Later option (BNPL) powered by Klarna for customers to shop on Walmart.ca and the Walmart Canada app. This payment option is part of Walmart’s efforts to provide more payment choice and flexibility for customers, as demand for BNPL payments in Canada is growing rapidly. The BNPL service enables customers to split their purchases into four flexible, interest-free payments over six weeks.
To read the full article, visit the Klarna Website.
Newell Brands Announces Third Quarter 2023 Results
Newell Brands Inc. reported Q3 2023 earnings and sales, beating Zacks Consensus Estimate, despite year-over-year declines due to macroeconomic challenges and inflation. Newell Brands has implemented a new strategy to strengthen its front-end consumer capabilities and leverage One Newell’s scale. The company has improved gross margin and operating cash flow, focusing on leading brands in top markets and prioritizing consumer understanding. This strategy is expected to accelerate performance and drive value creation.
To read the full article, visit the Newell Brands Website.
Amazon Reports Blowout Profit, Beats on Sales and Issues Optimistic Guidance
Amazon reported second-quarter earnings that exceeded analysts’ expectations and indicated accelerating revenue growth. The company’s earnings beat was Amazon’s biggest since 2020. The company initiated the largest layoffs in its history, cutting 27,000 jobs. Amazon expects sales between $138 and $143 billion for Q3, with growth between 9% and 13%. AWS sales climbed 12% to $22.1 billion, above Wall Street’s projection. Amazon’s earnings season wraps up for the tech giants, with Apple’s results topped Wall Street expectations.
To read the full article, visit the CNBC Website.
HP Paves Way for Partner Growth with Integration of All Solutions and Services Under Amplify Partner Program
HP consolidates Poly, Teradici, and HyperX solutions into one global program, introduces new Amplify Distribution Program, and expands HP Amplify Impact partner sustainability program to 48 countries.
To read the full article, visit the HP Website.
