Walmart’s move to NFC lands as mobile wallets are taking a larger role at the register, giving one of the prominent remaining retail holdouts in the United States the same contactless payment infrastructure already common across much of the market. Beginning Monday (Aug. 24), Walmart...
Walmart is reportedly rolling out a new line of clothing to court younger consumers. The retailer’s Scenario brand is set to debut this week, with most items costing under $25 as Walmart seeks to appeal to its core of discount shoppers and regain ground from...
Retail media is giving Walmart, Target and Amazon a faster-growing source of revenue than their core retail businesses, built on the same traffic, searches and transaction data generated by stores, websites and marketplaces. The latest quarter showed the gap. Sales from Walmart Connect increased 43%...
Off-price retailer Ross Stores saw “robust” sales growth in the quarter ended Aug. 1 as both existing customers and new ones sought prices lower than those of mainstream retailers, CEO Jim Conroy said during a Thursday (Aug. 20) earnings call. “We really want to be...
Years of inflation, promotions, personalized discounts and constantly shifting online prices have made shoppers better at finding deals. They have also made it harder for shoppers to know what anything is supposed to truly cost, a fact that is being sharpened against a backdrop of...
Amazon has launched an education program for college students centered around its cloud computing business. Student Rewards on AWS (Amazon Web Services) Builder Center, gives students access to earn AWS, 12 months of premium Skill Builder, and an AWS Certification Foundational exam voucher as they learn,...
Amazon hopes to offer drone deliveries in nearly 500 U.S. communities by year-end. That will mark a sixfold increase for Amazon’s Prime Air service, the company announced Wednesday (Aug. 19), as it targets metro areas such as Chicago, Cleveland and Atlanta. “Customers already turn to Amazon for fast...
Walmart reports earnings Thursday (Aug. 20), and it enters with a valuable retail advantage that looks both powerful and underused. It captures the weekly grocery trip, yet Amazon increasingly captures what shoppers buy beyond it. The new PYMNTS Intelligence report, “The Basket Breakaway: How Amazon Is...
Tesco has spent three decades learning what more than 24 million U.K. households buy through its Clubcard loyalty program. Now the grocer is testing what happens when artificial intelligence stops recommending groceries and starts building the basket itself. Tesco’s pilot is a meal-planning assistant, built...