Retailing used to be about three things: location, location and location. But not two days into the 2020 shopping season it’s becoming quickly apparent that this year will be about two things: inventory and fulfillment. This week retailers are showing signs that they’re concerned about...
There are a lot of things consumers haven’t been able to do during the pandemic – like go to concerts, sit in a movie theater or, for the most part, go to sporting events. But one thing they have been able to do is drink...
As a way to decrease large gatherings in its stores amid COVID-19, Walmart will have its usual single-day Black Friday promotions during three weekends next month instead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cross-border money transfer firm Western Union is continuing its 35-year partnership with Kroger, the country’s biggest grocery chain, WU said in a statement on Wednesday (Oct. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As part of its goal to become “a fully circular and climate-positive business” by the turn of the next decade, IKEA plans to buy back furniture to sell as pre-owned items. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The parent of AMC Theatres says it’s on track to run out of cash by early 2021 at the latest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The big day is finally here: Amazon Prime Day has arrived. Granted it’s a little bit late this year, showing up in mid-October instead of its early July perch, but this year it comes with a whole new significance as analysts and experts have anointed...
Although consumers are feeling better about their economic prospects for spending, retailers might be sleeping on some data that throws caution on the optimistic projections set for the holiday spending season. New PYMNTS data analytics do not paint a picture of a consumer who is...
Consumers are flocking to the digital-first economy, but aren’t always so happy when they get there. The problem lies mainly in digital engagement – and retailers, in particular, can address these issues by first understanding the problems specific to the category, and then addressing the...
