Year: 2022

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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