Legacy brands like Clorox and General Mills are facing increased competition due to store placement by retailers using their own data gathering practices to see what customers prefer to shop for and how they behave in stores, according to a report by The Wall Street...
The normally staid and stable supermarket business is suddenly a hotbed of activity. And the antagonist, per usual, is Amazon. 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 fact that obesity has grown to epidemic proportions in the U.S. and around the world is, regrettably, old news at this point. According to a late 2017 report by the Centers for Disease Control and Prevention, almost 40 percent of American adults and nearly 20...
Walmart is still seeking the right combination of fashion and home, while its online shopping initiatives have been rewarded with an eCommerce grocery purchase boon. Marc Lore, who is Walmart’s U.S. eCommerce business president and chief executive officer, said the merchant is dedicated to providing...
At first it would seem to be a contradiction in terms. But Foxtrot, a small company out of Chicago, is reinventing convenience store retail and taking it uptown. As of last week it has $17 million in its coffers to achieve that mission. Get the...
Before nutrimeals set up an automated retail solution to distribute prepared meals to consumers, the company was delivering food to customers in Calgary and across Western Canada, but it knew from the beginning that it wanted to have kiosks, Co-founder Grace Clark told PYMNTS in an interview....
As it faces a competitive retail market, Groupon Inc. intends to discontinue its sale of merchandise by the close of 2020. The firm plans to move from its current deal-focused approach to concentrate on local experiences, such as local painting classes or wine-tasting dinners, as...
Macy’s credit rating has been downgraded to junk by S&P Global Ratings, just weeks after the former department store juggernaut released a cost-cutting measure to trim billions, the Financial Times reported Tuesday (Feb. 18). Get the Full Story Complete the form to unlock this article...
You better eat your Wheaties. At an average of $3.74 a box, even with Russell Wilson or Serena Williams on the cover, it has been a staple of the General Mills cereal business as it competes for shelf space along with Kellogg’s Corn Flakes, Cheerios...
