Amazon Prime Day 2022 is off and running, as are similar sales from other major retailers blowing out the overstocks built up to counter supply chain issues and now taking up space as back-to-school looms and the more ambitious among us start strategizing for holiday...
Peloton is ditching its self-owned manufacturing operations as part of a plan to expand its partnership with Taiwanese manufacturer Rexon Industrial and “simplify its supply chain” by focusing on its technology and content, according to a company press release Tuesday (July 12). Get the Full...
It may say “Amazon Prime Day” on many consumers’ calendars today, but in the world of Walmart, where 90% of Americans still live within 10 miles of one of its stores, it’s just another Tuesday for the brand that is so closely tied to “everyday low prices.”...
Economic upheavals continue, drawing focus to the big annual discounting events of retail archrivals Amazon and Walmart. Among members of their respective membership programs, PYMNTS has observed patterns that show clear consumer preferences around each. Get the Full Story Complete the form to unlock this...
Costco CEO Craig Jelinek said Monday (July 11) that it’s “not the right time” for the bulk-discount retailer to consider price increases in membership fees — or on the price of the company’s iconic hot dog combo meal. Get the Full Story Complete the form...
Clash of the titans. It’s an apt descriptor for the battle between America’s two retail giants which has come to symbolize the tug-of-war between in-store and eCommerce sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Youth, goes that somewhat head-scratching saying, belongs to the young. 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...
In a deal touted to unleash a “flurry of innovation” the world’s largest operator of travel-related retail stores is combining with the top airport and rest stop food and beverage company to create a $13 billion colossus with 5,500 locations in 75 countries. Get the...
British luxury fashion brand Burberry is closing its flagship store in Hong Kong in a move that marks the latest in big-name fashion brands that are stepping away from the world’s top destination for luxury retail. Get the Full Story Complete the form to unlock...
