For years, eBay was among the best places online to find collectibles, but as the eCommerce market has grown and other platforms have emerged, its dominance has subsided — though the company is determined to change that by focusing on specialized categories and developing capabilities...
Online pet supply retailer Chewy, like many companies, is struggling to get product where it needs it in a timely manner as supply chain bottlenecks continue across the world and labor remains difficult to find, elevating costs at a time when the company is trying...
In today’s top retail news: CVS told investors that it expects its increased focus on healthcare to be a boon for sales, while RH executives believe the pandemic has permanently changed the way people think about their homes. Also, Klarna has unveiled a new browser...
CVS Health Chief Executive Karen Lynch said the drugstore chain is trying to help end a trend of smash-and-grab robberies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Israeli supermarket chain Machsanei Hashuk is rolling out fully autonomous checkout in all 62 of its stores as soon as next month through an agreement with WalkOut, the companies announced Thursday (Dec. 9). Get the Full Story Complete the form to unlock this article and...
The latest spate of earnings reports, across the retail sector, and across the payments space (are there any companies left to report?!) all show variations on a theme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In an effort to reduce greenhouse gas emissions from its global supply chain by 2030, Walmart has introduced a program that uses science-based targets to aim for a 1.5-degree Celsius pathway, according to a Wednesday (Dec. 8) press release. Get the Full Story Complete the...
Officials from major U.S. retailers, including Home Depot, Best Buy and Target, called on Congress to intervene to thwart the online resale of stolen, fake and dangerous merchandise, according to a Thursday (Dec. 9) Reuters report. Get the Full Story Complete the form to unlock...
Any college-level Business 101 course makes at least a cursory mention of cannibalization, in which companies can inflict unintentional harm as new products edge out existing ones without a net gain, or by selling in cross-channel ways that redirect sales rather than increasing them. Get...
