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...
Customers of both Walmart+ Weekend and Amazon Prime Day get myriad savings and benefits, but the differences in perks add up to varied purchasing patterns and demographic trends, according to a new PYMNTS report, which surveyed consumers about their reasons for joining either or both...
Diesel founder Renzo Rosso told Financial Times he envisions his Italian luxury fashion empire, including sister brands Jil Sander and Marni, as one that’s modeled after — and will compete with — Kering, LVMH and other large, well-known names in the space. Get the Full...
