We’re now a month into the COVID-19 pandemic and the world is adapting to a new normal where going out is minimal, ordering online is the main way to shop and “business as usual” is anything but most of the time. But as much as things...
The last several weeks have been all hands on deck for every player in retail, as the race for the consumer’s whole paycheck has shifted tracks rapidly in response to the COVID-19 pandemic. Which has meant the two main competitors in that race, Walmart and...
As the COVID-19 virus continues to spread in the U.S. and the measures to contain it become more drastic and more strictly enforced, consumers are understandably worried. According to the data in PYMNTS’ COVID-19 Brief series, which surveys a little more than 2,000 consumers on their...
The story of the week for Amazon and Walmart was the same story playing out in various forms throughout the U.S. economy — the unfolding COVID-19 outbreak and managing the various pieces of economic collateral damage being carried in its wake. Get the Full Story...
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The earnings are out, the early moves are made and the race for the consumer’s whole paycheck in 2020 is officially underway and moving full speed ahead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It was a fairly quiet week on the Walmart front in the race for the consumer’s whole paycheck, with only one big piece of news out of the Bentonville headquarters. That may end up being a trend through next week as the world, watches for...
The big winner in the headlines race this week was certainly Amazon, which dropped a stronger than expected Q4 earnings report capped off with the announcement that its Prime membership subscriptions had reached the 150 million user mark. Get the Full Story Complete the form...
It was a good week for Amazon’s stock price, with a valuation that briefly exceeded $1 trillion before falling back into the far more conservative $927 billion range, reaffirming its membership in the trillion-dollar club along with Microsoft ($1.27 trillion market value), Apple ($1.38 trillion market value)...
