Big merchants have many strategies, but they often lack an online checkout strategy. As a result, merchants may lose millions a year due to the friction associated with converting shoppers to buyers online. In fact, merchants experience an overall $200 billion in lost sales each...
If you’re going to ride a pop culture trend, you’ve got to ride it full send — and that’s why McDonald’s says it’s bringing back its Szechuan dipping sauce. Again. McDonald’s originally introduced the limited batch of Szechuan sauce in 1998 to coincide with the...
After a weak holiday sales season, Toys R Us is planning to shutter about more 200 stores. The company also plans to lay off many of its corporate staff, the Wall Street Journal reported based on information from people familiar with the situation. Get the Full...
Restaurants may want to reach more delivery customers by expanding into new markets, especially as the market for food delivery could grow to $17 billion by 2020. Yet it doesn’t always make sense for restaurants to open new brick-and-mortar locations. Get the Full Story Complete...
Walmart, in its ongoing quest to reinvent its digital presence, is rolling out a new online portal for consumers seeking home goods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
It’s not enough for Walmart to simply offer everyday low prices and expect consumers to still make the trek to their local brick-and-mortar supercenter. Even traditionally offline retailers such as Walmart have to expand their omnichannel offerings to reach consumers. Get the Full Story Complete...
Gap Brand announced that its CEO Jeff Kirwan was leaving the company, just as the retailer gets ready to reveal its fourth-quarter results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As Priceline Group focuses in on its hotel and home rental business, the online travel company announced it had changed its name on Wednesday (Feb. 21). It is now known as Booking Holdings, according to CNBC reports. Get the Full Story Complete the form to unlock...
Walmart stock is taking its roughest hits in two years after turning in an earnings performance investors found disappointing, according to Bloomberg. Stocks are down nearly 9 percent, and the company’s drawn down annual profit forecast has investors wondering if the world’s largest retailer by...
