Retail Slump, Walmart, Supply Chain Struggles
Retail Slump, Walmart, Supply Chain Struggles
August 18, 2021  |  Today In Data

Walmart’s omnichannel approach gives consumers more confidence during the Delta variant surge. Plus, conflicting factors lead to a 1.1 percent drop in U.S. retail sales...

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Half Of Retail Employee Hours Scheduled When No Sales Are Made
Half Of Retail Employee Hours Scheduled When No Sales Are Made
August 18, 2021  |  Retail

Running a business that has 50 percent inefficiency baked into the single-largest cost center — labor — would likely be unacceptable for most companies. And...

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Target CEO Sees ‘Tremendous Resilience’ In Consumers Amid Renewed COVID Concerns
Target CEO Sees ‘Tremendous Resilience’ In Consumers Amid Renewed COVID Concerns
August 18, 2021  |  Retail

Increased traffic at Target’s retail locations in the second quarter drove the company to strong year-over-year sales growth, giving the Minnesota-based retailer confidence that it’s...

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Pandemic Will Linger Into 2022, Say Consumers, Before We’re ‘Back to Normal’
Pandemic Will Linger Into 2022, Say Consumers, Before We’re ‘Back to Normal’
August 18, 2021  |  Coronavirus

“If it be not now, yet it will come — the readiness is all,” wrote the Bard. And when it comes to the pandemic, the seemingly...

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Old Navy To Revamp Plus-Size Line With Integrated Shopping Experience
Old Navy To Revamp Plus-Size Line With Integrated Shopping Experience
August 18, 2021  |  Retail

Old Navy on Friday (Aug. 20) will unveil a new integrated shopping experience that brings together all of its women’s styles in sizes 0 to...

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Lowe’s Sales Sag Amid Decrease In Home Improvement
Lowe’s Sales Sag Amid Decrease In Home Improvement
August 18, 2021  |  Retail

North Carolina-based Lowe’s saw its comparable sales slip by 1.6 percent in the second quarter, the company said on Wednesday (Aug. 18), led by a...

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T-Mobile Offers Free ID Protection After Breach Exposed Data Of 40M+
T-Mobile Offers Free ID Protection After Breach Exposed Data Of 40M+
August 18, 2021  |  Security & Fraud

T-Mobile confirmed that hackers stole sensitive data on more than 40 million customers, and is now offering McAfee identity protection services at no charge for...

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PayPal To Drop BNPL Late Fees
PayPal To Drop BNPL Late Fees
August 18, 2021  |  Buy Now Pay Later

PayPal will stop charging late fees for customers using its buy now, pay later (BNPL) service anywhere in the world as of Oct. 1, the...

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Excessive Commercial Card Fees Caught In FTC Crosshairs
Excessive Commercial Card Fees Caught In FTC Crosshairs
August 18, 2021  |  B2B Payments

Commercial card innovation continues to explore ways to expand the value proposition for corporate spenders and the businesses they pay. But this week’s top corporate...

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