In April 1956, a trucking executive named Malcom McLean loaded 58 metal boxes onto a converted tanker in Newark and sent it to Houston. Nobody threw confetti. The longshoremen hated it. But the math was hard to argue with. Loading a ship by hand cost...
Restaurant and retail digital technology platform Toast debuted Toast Fuel, new capabilities for gas stations and convenience stores, according to a Tuesday (Sept. 29) press release. Toast Fuel gives operators a single and connected platform for in-store and at-the-pump fuel payments as well as retail...
Amazon spent decades building a machine designed to make consumers come back constantly. Walmart has had one all along. It’s called grocery. Food and beverages now account for roughly 60% of Walmart’s retail business. Findings in the September 2026 edition of the Share of Wallet:...
Walmart’s CEO says the retailer has no plans to use customer data to set personalized prices. John Furner issued a letter to customers Friday (Sept. 25) arguing that such a practice would violate the company’s Every Day Low Prices (EDLP) ethos. “Prices can change,” the...
Walmart plans to continue adding ways to make health and wellness products and services affordable and convenient for customers, the retailer said in a Monday (Sept. 21) press release marking the 20th anniversary of its $4 generic prescription program. “Over the past 20 years, the...
Amazon is making fast, free Prime delivery available beyond Amazon.com, giving merchants another way to use the company’s logistics network to compete for online shoppers, according to a Thursday (Sept. 24) press release. Amazon Supply Chain Services (ASCS) merchants using its Multichannel Fulfillment (MCF) service...
Amazon spent decades trying to make itself the place where merchants sell. Its next act may be considerably more ambitious: becoming the place where merchants run their businesses, regardless of where the sale happens. Two exclusive announcements from Amazon shared with PYMNTS this week point...
Maybe that Amazon-Walmart rivalry isn’t so fierce after all. Amazon announced Thursday morning (Sept. 24) that it will let marketplace sellers manage orders and shipment tracking from eBay, Shopify, TikTok and Walmart inside Seller Central, extending its seller dashboard to the other places merchants do...
The shopping basket has always held the answer. Brands just haven’t had a clear way to read it at the moment a customer pays. Smart checkout technology could change that by matching products in the basket with eligible offers and applying the savings automatically. “The...