Amazon is considering shuttering its U.K. “Fresh” stores amid rising online grocery demand. The tech giant said Tuesday (Sept. 23) that it had launched a “consultation” with employees about the proposed closure of the Fresh locations in England, after evaluating its operations and seeing “very substantial” growth opportunities...
Watch more: What’s Next in Payments: Green Dot, Renata Caine The post-purchase experience is becoming a competitive advantage for brands and platforms in the connected economy. Cart abandonment remains high whenever checkout introduces friction, making “frictionless checkout … the baseline now,” Renata Caine, senior vice...
In the high-stakes contest for grocery dollars in the United States, Walmart’s familiar supercenter aisles are proving more magnetic than the innovations of Amazon’s online grocery empire. While both retail giants scramble for dominance, the numbers show that consumers still reach for shopping carts over...
Walmart customers can now have refrigerated and reconstituted prescriptions delivered along with their groceries and other everyday items. In addition, they can purchase these cold-chain prescriptions, which include things like insulin, GLP-1s and pediatric amoxicillin, in the same online order as other goods, the retailer...
Walmart’s third-party marketplace has reportedly opened the door to scammers and sellers of counterfeit goods. That’s according to the findings of a CNBC investigation published Friday (Sept. 19), which showed that customers on the Walmart website sometimes receive counterfeit and potentially dangerous products. The investigation...
Amazon’s subscription cancellation policy will face a jury trial this week. As The Wall Street Journal (WSJ) reported Sunday (Sept. 21), the case will be a major test of the Federal Trade Commission’s (FTC) efforts to enforce what it alleges are deceptive subscription practices. The...
Overseas retailers are reportedly replacing their B2C models with B2B2C models to reduce the cost of tariffs. By routing customers’ online orders to a wholesale platform that acts as a merchant of record in the United States, retailers can shift the responsibility for paying the...
The retail calendar has always had its tentpoles. Black Friday. Cyber Monday. The holiday rush that begins in earnest when the leaves turn. But this year, the playbook is evolving in real time, shaped by inflation, geopolitical tensions, supply chain fragility and the outsized expectations...
The Mastercard Economics Institute expects holiday spending to increase at a lower rate than last year as consumers navigate a slowdown in hiring in the labor market and uncertainty around the impact of tariffs. Retail sales excluding autos will grow by 3.6% year over year...