In the upcoming holiday season, a National Retail Federation (NRF) survey found that consumers are expected to spend an average of $1,007.24. The figure marks a 4.1 percent increase from last year when consumers said they would spend an average of $967.13, the NRF said...
Walmart Canada announced that it has expanded its mobile pickup service in 22 additional stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
The great Toys R us derailing of early 2018 will still be being felt as the year heads into its end game — particularly as toy-buying season begins in earnest in early November. Get the Full Story Complete the form to unlock this article and...
Before starting a company that leverages existing food delivery platforms to sell snacks and candy, a Canadian entrepreneur noticed an interesting trend: There were delivery-only “restaurants” coming onto the scene that only served customers who ordered from Uber Eats. “In reality, it’s just a kitchen...
With kiosks and delivery services helping to boost check sizes, among other factors, McDonald’s beat earnings and revenue estimates for the third quarter. The quick-service restaurant (QSR) chain reported revenues of $5.37 billion and earnings per share of $2.10 compared to analysts’ estimates of $5.32...
To take on competitors such as Amazon and Walmart, Target plans to offer free two-day shipping without a minimum order. The offering will be available on “hundreds of thousands of items” between Nov. 1 and Dec. 22, CNBC reported. Get the Full Story Complete the...
Payment cards could play a role in making somebody, or a group of people, insanely wealthy tonight via the $1.6 billion Mega Millions drawing scheduled for 11 p.m. ET Tuesday night (Oct. 23). That’s because some states have loosened their restrictions on letting consumers buy...
Aiming to increase the number of items that can be shipped in two days, Walmart announced Tuesday (Oct. 23) that it is working with its marketplace sellers to make millions of products available for free two-day shipping without the need for a membership fee. Get...
The problem with contemporary physical retail, according to Fourpost Founder and CEO Mark Ghermezian, is that it has simply failed to keep pace with direction and push of modern retail. Consumers have seen everything brick-and-mortar has to offer as of 2018, and it seems that...
