After losing to Instacart at the aggregator game, Amazon has pivoted to first-party grocery sales with the rapid expansion of its Fresh brand. On Thursday (Dec. 16), the retail giant opened its tenth Amazon Fresh store in California, the Orange County Register reported. The locations...
Rite Aid Corporation shares were up almost 20% early on Tuesday (Dec. 21) after the company announced it has kicked off a plan to close at least 63 stores across the U.S., a move focused on reducing costs and increasing profitability as much as $25...
Computer programs known across the retail landscape as ‘Grinch bots’ are further complicating the supply chain snags across the U.S. and around the world as the bots buy the most wanted holiday gifts in mere moments with a single click, Financial Times reported Tuesday (Dec....
Florida officials could soon suspend used car retailer Carvana’s dealer license after increasing issues with title transfers, Seeking Alpha reported Monday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Nordstrom is looking at spinning off its discount Nordstrom Rack business to trim its losses, Seeking Alpha reported. The company was down 0.6% as of Monday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Around the world, grocers are transforming their omnichannel presences to adapt to consumers’ quickly evolving behaviors. As tech companies with products to sell make bold predictions about the future of online grocery shopping, grocers themselves have a unique view of their shoppers’ habits, observing in...
Here’s a concept: shopping without the act of actually shopping is perhaps the new future of retail. 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...
Consumers are putting their money where their values are. The purchases people make often (or avoid) tell a much greater story about what someone stands for, what they prioritize and what kind of progressive impact the company they choose to support has on the world. Is...
‘Tis the season for spending. 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, PYMNTS Today. By completing this form, you agree to receive...
