Retail

Retail
Walmart Reboots Retail With Its Re-Think On Robotics
November 05, 2020

There’s an old saying that asks, “Why buy the cow if you can get the milk for free?” But lately, in the case of Walmart, it’s more a case of “Why buy the robot if you can get some guy to do it for less?”...

Retail
Digital Shift, COVID Fears Push Black Friday To Brink Of Irrelevance
November 05, 2020

Recognize the names Jay Gould and Jim Fisk? These two Wall Street warlocks of yore were accused (and assuredly guilty) of some of the greatest stock swindles ever conceived. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Melding Digital With Physical Rescues In-Store Retailing
November 05, 2020

From where things stand in Q4 2020 it’s not hard to imagine physical retail going extinct. And as compelling as the current eCommerce expansion is, counting out stores is a big miscalculation. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Grocery Round-Up: Ahold Delhaize Surges, Whole Foods Struggles With Labor Woes
November 05, 2020

No matter how one voted in this week’s U.S. presidential election, the inescapable fact is that we all have to eat – which means the race to dominate the grocery vertical continued to move briskly in recent days, even as the election remains unsettled. Get...

Retail
Pandemic Cools Breakfast Sales At Fast-Food Restaurants
November 05, 2020

Demand for breakfast items has cooled off at the nation’s fast-food restaurants as Americans find themselves increasingly stuck at home during the morning hours, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Costco’s October Sales Up Nearly 16 Pct. YOY
November 05, 2020

Costco Wholesale Corp. recently reported that its eCommerce sales spiked 90.6 percent in its fourth quarter. 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....

Retail
Operation Hope Founder Brings Urgency To Financial Inclusion With Shopify Partnership
November 05, 2020

Some people fit their names perfectly. John Bryant’s middle name is “Hope.” Not only is it his legal, given name, it is also a concept and practice he brings to the organization he founded in 1992 to lift underserved populations into the formal financial system....

Retail
Pet Valu US To Shut Down Stores And Website
November 05, 2020

Pet Valu U.S., which sells pet food and other supplies, is shutting down all of its 358 stores along with its warehouses as part of winding down its U.S. operations, the company said in a press release. Pet Valu blamed the pandemic for its decision,...

Retail
FIS: Contactless Payments, Curbside Pickup Will Become Digital-First Necessities
November 05, 2020

The COVID-era embrace of curbside pickup will not only be around long after the pandemic, but could be just the thing that convinces more and more consumers to make the digital leap. After all, Norm Marraccini, senior vice president of digital payments, ACH and RTP...