Retail

Retail
Amazon Plans to Hire 250,000 Employees for Holiday Season
September 19, 2023

Amazon plans to hire 250,000 employees across the United States for the holiday season. In addition, with a $1.3 billion investment, Amazon aims to increase the average hourly pay for its customer fulfillment and transportation employees to over $20.50, marking an increase of more than 50%...

Retail
Sam’s Club Adds New Advertiser Tools as Grocers Supplement Consumer Revenue
September 19, 2023

With grocers expanding their advertising businesses to boost their margins, Sam’s Club has announced new tools for brands to measure campaign effectiveness.  The Walmart-owned membership warehouse club chain, which has close to 600 locations, announced Tuesday (Sept. 19) the addition of a Media and Sales...

Retail
Mastercard Forecasts Higher Holiday Spending
September 19, 2023

Mastercard is predicting a “rebalancing” in consumer spending for the 2023 holiday season. The company on Tuesday (Sept. 19) announced that its SpendingPulse shows retail sales increasing 3.7% for the period between Nov. 1 and Dec. 24. That figure — for in-store and online sales across all...

Retail
Retailers Announce Holiday Hiring Plans Equal to Last Year
September 19, 2023

Three large retailers’ hiring plans for the upcoming holiday season are similar to those they announced last year. A fourth retailer, Macy’s plans to hire 3,000 fewer workers for seasonal positions than last year, Reuters reported Tuesday (Sept. 19). The three retailers that have announced...

Retail
IKEA and Afterpay Bring BNPL to Furniture Buying
September 19, 2023

IKEA has entered the buy now, pay later (BNPL) space with the help of Afterpay. The world’s largest furniture retailer announced Tuesday (Sept. 19) that Afterpay’s “Pay in 4” service was now available at its stores and website for customers in the U.S. The program, which lets...

Retail
Merchants Turn Fresh Eyes to Second-Look Financing to Boost Sales
September 19, 2023

Labor Day has come and gone, and the holiday season is just around the corner. But current economic and financial conditions are forcing consumers to face some tough choices about buying what they want, while having the means to fund it. That’s why PYMNTS CEO...

Retail
Stitch Fix CEO Says Personalization Will Make It Stand Out in Retail
September 18, 2023

Stitch Fix is leaning into personalized styling services as it aims to revolutionize the way customers shop. By combining advanced technology with human stylists, the online personal style platform delivers a convenient and tailored shopping experience that sets it apart from other retailers, Stitch Fix CEO Matt...

Retail
Walmart vs. Amazon: The Battle of Big Deal Days
September 18, 2023

On the same day Amazon announced its Prime Big Deal Days event in October, Walmart announced Monday (Sept. 18) its own shopping event, Walmart Deals – Holiday Kickoff. The shopping event will run from 7 p.m. ET Oct. 9 through Oct. 12. With the rise...

Retail
New Supermarket to Include Golf Green as Grocers Add Non-Food Attractions
September 18, 2023

As grocers look to capture more of consumers’ day-to-day spending than just their food budgets, one upcoming store is going so far as to offer a five-hole putting green. Supermarket operator Jackson Mitchell Holdings announced Friday (Sept. 15) that, next summer, it will open a...