Walmart plans to make a tenfold increase in the number of HIV-specialty pharmacies it offers. The retailer launched about half a dozen of these facilities in 2021 and now plans to build the total up to 80 by the end of 2023, CNBC reported Friday...
Over the years, GameStop, once a haven for video game enthusiasts within shopping malls, has experienced a tumultuous journey filled with highs and lows. GameStop’s story began in 1984 when it was established as Babbage’s, a small software retailer. Over time, the company expanded its...
In recent years, sustainability has become a hot topic across various industries, including the retail sector. Companies are increasingly under pressure to adopt environmentally friendly practices and reduce their carbon footprint. However, the question remains: Are sustainable practices a drain on finances or do they...
Nike products will again be available at Designer Shoe Warehouse. The brand had stopped selling its products to the retailer as it focused on its own direct-to-consumer (D2C) efforts, but Designer Brands CEO Doug Howe announced during a Thursday (June 8) earnings call that the...
When it comes to the share of online retail spend, there’s only one champion. Per the retailers’ recent earnings, Amazon far outpaces Walmart in eCommerce sales. PYMNTS’ proprietary research, created by combining data gathered from Amazon and Walmart earnings reports and U.S. Census Bureau numbers,...
Millennials with student loans to lose 6.5% of spending power as repayments resume. That’s the headline PYMNTS reported this week and it’s a headline that’s going to be detrimental to the retail landscape. The development has raised concerns about the negative impact on the retail...
While the return to in-store experiences always seems to be in flux these days, the value the store brings to the customer remains a question. Is the ability to get a consumer into your store mean you have a customer who has intent? Going further,...
Payments services company Worldline has teamed with BigCommerce to tackle the problem of cart abandonment. “Every online shopper has a favourite way to pay, whether that’s using a local bank transfer method, a credit card, or a buy now, pay later option,” Björn Hoffmeyer, Worldline’s...
Online grocery may only account for a small fraction of total grocery purchases, but those who have adopted digital channels represent grocers’ biggest spenders. By the Numbers According to data from PYMNTS’ study “Tracking the Digital Payments Takeover: Catching the Coming eCommerce Wave,” created in...
