With in-your-face gasoline prices appearing on every street corner, endless accounts of packaging tricks and bundling strategies being deployed to conceal rising product costs, and a raft of surcharges and fees being rolled out to offset expenses, inflation is unavoidable right now. Get the Full...
GameStop’s stock dipped about 10% in pre-market trading Friday (March 18), less than a day after the company announced its fiscal 2021 fourth-quarter and yearly earnings, which were highlighted by a 32% year-over-year growth in its subscription-based membership program, PowerUp Rewards Pro, in Q4. Get...
It’s not every day that something can be both astonishing and expected at the same time. But that is a feat Amazon was able to achieve this week as PYMNTS rolled out its latest Whole Paycheck findings which showed the digitally dominant retailer’s share of...
As grocers see inflation rise to its highest point in 40 years, and as supply chain and labor issues pile on additional challenges, leaders in the space are doing everything in their power to change the conversation, turning the focus away from these difficulties. Get...
Amazon has added Just Walk Out autonomous checkout technology to a second Whole Foods store in Sherman Oaks, California, about a month after debuting the platform at a new store in Washington, D.C., according to a Chain Store Age report Wednesday (March 16). Get the...
Online grocery platform Instacart has debuted Shoppable Recipes, a suite of new product integrations that will allow food creators to make their recipes shoppable on TikTok and Tasty and Hearst Magazines properties including Delish and Good Housekeeping, according to a Wednesday (March 16) news release....
Today in retail, the roller-coaster ride continues for Warby Parker’s stock, while relationship commerce is helping brands reduce their customer acquisition costs. Plus, Williams-Sonoma is reimagining its stores to appeal to omnichannel shoppers. Get the Full Story Complete the form to unlock this article and...
Funds continue to pour in for ultrafast grocery in spite of the economic challenges of the model. On Thursday (March 17), Turkish 10-minute grocery delivery company Getir announced that it raised $768 million in its Series E funding round, raising the startup’s valuation to $11.8...
Shoppers are showing the power of the pocketbook by rebuffing efforts by some apparel retailers and department stores to raise their prices as inflation continues at its highest level since the 1980s, and consumers scale back on the spending that had been on the rise...
