Where once there was a liquidator that morphed into a mixed merchandise retailer, the Overstock.com of late 2022 is using the tools of the digital retail trade to complete its transition to a home-focused eCommerce operation tapping social and mobile to steady the ship. Speaking...
Cost-conscious shoppers continue to shy away from Nordstrom, with the luxury retailer still feeling the effects of a paycheck-to-paycheck economy in the form of declining sales. “Nordstrom Rack Sales declined 2% versus last year as we continued to see softening demand, especially within our lower-income...
From trading at less than a dollar in its first few years of existence to over $60,000 in late 2021, the story of bitcoin’s meteoric rise has often been used by scam artists as bait for inexperienced investors looking to make huge gains in the...
As grocers compete for shoppers’ loyalty across digital and physical channels, the bar for building relationships with customers is getting higher. Yet, a traditional rewards program is not the only route to do so, as discount grocer ALDI has found. ALDI Retail Payments Leader Teresa...
Wellness and wearables go together like watches and wrists, like rings and fingers, but they’re far more than digital status symbols. Wellness is bringing out the true utility of these trendy devices as innovation in the wearables space shows, borne out by new research. Analyzing...
In Egypt’s eCommerce market, two retail models sit side by side. On the one hand, there are the big players, which provide a reliable service and wide range of products but have limited appeal beyond a small contingent of predominantly urban consumers who are already...
With Americans preparing to enter a holiday shopping season they might not be able to afford, Venmo has debuted a pair of tools it says are designed to help consumers spend smarter. Beginning Tuesday (Nov. 22), customers can find and donate to the charity of...
As treasury departments around the world look ahead to 2023, the words on most lips are “real time.” On the one hand, new rails that enable real-time payments, from payroll to business-to-business (B2B) transactions, are already having a transformative effect on businesses and are expected...
As consumers settle in for a chilly winter at home, supermarkets are ramping up their stable of connected recipes to not only capture an uptick in cooking but to drive spending, increase basket size, boost loyalty and swipe share from restaurants. Take, for instance, Walmart,...
