It seems like a lifetime ago — SPACs were the “it” way to take companies public. And during the pandemic, eCommerce delivery businesses were the “it” business model. The disruptors, sometimes, get disrupted. The latest reminder came over the weekend when Boxed, the online grocery retailer, filed...
Petco has launched a badge that designates grooming services and products that have “clean” ingredients. The new Clean Grooming initiative and Clean Ingredients badge appear on the pet health and wellness company’s grooming salon menu, product shelves, app and website, Petco said in a Tuesday...
As inflation chips away at shopper loyalty, grocers must become more aware of competitors’ pricing. In an interview with PYMNTS, Sean Turner, co-founder and CTO at retail technology company Swiftly, noted that consumers have become very deliberate about how they choose where they will purchase...
Payments platform PhonePe has launched an eCommerce app built on India’s ONDC network. The new Pincode app launched Tuesday (April 4) in Bengalaru and will expand to other cities soon, PhonePe said in a Tuesday press release. The app focuses on hyperlocal commerce and aims...
After acquiring Twitter for $44 billion in 2022, Elon Musk publicized the idea of paying for the coveted blue checkmark, which was met with mixed reactions from the public. This was one of many measures taken by the billionaire to restore the company to profitability....
Apple is reportedly eliminating some retail jobs as it looks to cut costs. Until now, there were signs the tech giant was attempting to avoid the layoffs that many of its peers had untaken in recent months. However, a report Monday (April 3) by Bloomberg...
The prevailing trend that has emerged from recent earnings reports is retailers’ emphasis on prioritizing core products, core customers and customer loyalty. Although not entirely new, these three elements underscore another year of “survival of the fittest.” Solo Brands, an outdoor lifestyle-focused company, is embracing...
Walmart has unveiled redesigned versions of its app and website. “The closest store to our customers is the one in their pockets, and we’re giving that digital storefront a revamp,” the world’s largest brick-and-mortar retailer said in a Monday (April 3) news release. According to the release,...
As Walmart looks to continue to lean into its grocery offerings and its core mission of helping people live better and save money, the big box retailer is also looking to leverage its membership program, Walmart+ to keep customers coming back. In its latest membership...
