Walmart May Gain as Consumers Scale Back Grocery Delivery Subscriptions

Walmart May Gain as Consumers Scale Back Grocery Delivery Subscriptions
Walmart May Gain as Consumers Scale Back Grocery Delivery Subscriptions
December 28, 2022  |  Subscriptions

The love affair with grocery delivery subscriptions may be peaking, a trend that could benefit Walmart. This, as PYMNTS’ report, “How the World Does Digital:...

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Class-Action Lawsuit Aims to Represent 1M FTX Customers
Class-Action Lawsuit Aims to Represent 1M FTX Customers
December 28, 2022  |  Legal & Regulation

A class-action lawsuit aiming to represent 1 million FTX customers has been filed. The suit has been filed against the bankrupt cryptocurrency exchange and former...

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Crypto Mining Firm Argo Blockchain Sells Facility to Galaxy Digital 
Crypto Mining Firm Argo Blockchain Sells Facility to Galaxy Digital 
December 28, 2022  |  Cryptocurrency

Crypto mining firm Argo Blockchain has made transactions allowing it to continue operating.  The firm said in a Wednesday (Dec. 28) press release that its subsidiary would...

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Smart Carts Meet in-Store Demand for eCommerce-Like Convenience
Smart Carts Meet in-Store Demand for eCommerce-Like Convenience
December 28, 2022  |  Technology

With consumers accustomed to frictionless digital experiences, smart carts bring increased convenience to physical stores. Raz Golan, CEO and co-founder of Shopic, a company that...

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Foot Locker Winds Down Sportswear Brand Business Eastbay.com
Foot Locker Winds Down Sportswear Brand Business Eastbay.com
December 28, 2022  |  Retail

Foot Locker is sunsetting its Eastbay.com sportswear brand business. The unit’s distribution operations are to start winding down in January, and its Wausau, Wisconsin, facility...

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High Prices Trigger Intentional Consumer Pull Back in Big Ticket Items
High Prices Trigger Intentional Consumer Pull Back in Big Ticket Items
December 28, 2022  |  Retail

Inflation and recession jitters are cutting into the spending of households that aren’t living paycheck-to-paycheck, a sign of growing uncertainty among those with disposable income...

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Solo Brands CEO Seeks to Separate Rising Sales From Slumping Stock
Solo Brands CEO Seeks to Separate Rising Sales From Slumping Stock
December 28, 2022  |  Retail

By most measures, the four core businesses of newly listed Solo Brands are growing sales in a sluggish economy and enjoying solid customer retention and...

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Innovative Eyewear Licenses Eddie Bauer Brand for Smart Glasses
Innovative Eyewear Licenses Eddie Bauer Brand for Smart Glasses
December 28, 2022  |  Retail

Innovative Eyewear has licensed the Eddie Bauer brand for smart glasses. The developer and retailer of smart eyewear said in a Wednesday (Dec. 28) press...

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The Year in Payments: From BNPL to FTX to the Digital Economy
The Year in Payments: From BNPL to FTX to the Digital Economy
December 28, 2022  |  Karen Webster

Looking for analysis of everything from the digital economy to consumers’ instincts about inflation? Let Monday be your guide. “Monday.” It comes from the Anglo-Saxon...

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