Retail

Retail
Walmart Grows Omnichannel Capabilities for Shoppers ‘Seeking Convenience’
April 26, 2024

Walmart has been expanding its omnichannel capabilities across its three segments: Walmart U.S., Walmart International and Sam’s Club. The company’s people and technology are dedicated to giving customers the opportunity to shop in both retail stores and through eCommerce so they can access what they...

Retail
Trove CEO: Consumers Look to Brands for Streamlined Resale Experiences
April 26, 2024

Tired of proverbially picking their way through online resale marketplaces, consumers are looking for more streamlined secondhand shopping experiences that more closely resemble the ease and simplicity of buying new. In an interview with PYMNTS, Gayle Tait, CEO of Trove, a white-label resale platform for...

Retail
Amazon Announces Prime Day’s Return as Shoppers Flock to Seasonal Deals
April 26, 2024

With consumer spending increasingly motivated by deals and seasonality, Amazon is gearing up for its tenth-ever Prime Day savings event, as Doug Herrington, CEO of Worldwide Amazon Stores, announced via LinkedIn Friday (April 26). “Last year, we had our biggest Prime Day in our company’s...

Retail
Consumers Are Springing for Nice Beers, but Not Premium Liquor
April 25, 2024

Trying to balance inflationary pressures and the need to allow themselves at least some indulgences, shoppers are trading up on beer but not springing for premium wine and spirits. Heineken reported Wednesday (April 24) that beer sales were up in its first quarter fiscal 2024,...

Retail
Consumers Want to Personalize Shopping With Extended Reality
April 25, 2024

As consumers demand more immersive, captivating eCommerce journeys, many are increasingly interested in adopting extended reality — augmented reality (AR) and virtual reality (VR) — to improve their shopping experience. Take Perfect Corp., a company providing AR try-on options for the beauty and fashion industries....

Retail
Consumers Want Friction-Free Shopping on Connected Devices
April 25, 2024

In a recent edition of PYMNTS Intelligence’s ongoing How We Will Pay Report, “Multitasking Consumers Want to Shop — and Work — at the Same Time,” we examined how the ubiquity of connected devices and apps has altered how U.S. consumers spend their time.  The...

Retail
Best Buy Forms Retail Media Partnership With CNET
April 25, 2024

Best Buy has launched a retail media partnership with consumer technology publication CNET. The collaboration is designed to help brands reach larger audiences of “high intent” shoppers at a time when many consumers are demanding digital integration in their in-store journey, according to a Thursday (April 25) press...

Retail
Walmart Gives Online Shoppers VIP Treatment to Compete With Amazon
April 25, 2024

As Walmart looks to speed its digital transformation in an effort to shrink the eCommerce gap between itself and rival Amazon, the retailer is giving digital shoppers exclusive access to get them to engage more. The superstore chain announced via an emailed news release Thursday (April 25)...

Retail
Shoppers Demand More Experiential Brick-and-Mortar Stores
April 25, 2024

With eCommerce often proving the most convenient option for the practical elements of shopping, consumers are demanding brick-and-mortar retailers provide them with an experience they cannot get online. Foot Locker on Wednesday (April 24) announced its new “store of the future” in Wayne, New Jersey,...