June 20, 2023
Walmart Hopes TalkShopLive Livestream Shopping Will Turn Followers Into Sales
In order to meet its ambitious goal of reaching $200 billion in global sales within the next five years, Walmart is ramping up its commitment to livestream shopping. Teaming up...
June 20, 2023
Consumers Chafe as Clothing Retailers Tighten Returns Rules
The age of easy clothing returns is coming to an end. A report Tuesday (June 20) by the Wall Street Journal (WSJ) says nonreturnable items are becoming increasingly common. For...
June 20, 2023
Amazon Teams With YouLend Amid Tough Borrowing Environment
Amazon has teamed with YouLend to help small businesses in the U.K. gain financing in a tough lending environment. The partnership between the retail giant and embedded financing platform, announced Tuesday (June...
June 18, 2023
CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork...
The Federal Reserve has signaled it will pause rate hikes. In the meantime, the U.S. consumer keeps spending. Economic data released over the past few days underpinned gains in the...
June 18, 2023
UK Watchdog OKs Amazon’s $1.7B Buy Of Roomba-Maker iRobot
On Friday, the competition regulator of Britain approved Amazon.com Inc’s acquisition of iRobot for $1.7 billion, which is the manufacturer of the Roomba vacuum cleaner. Reuters reported that the CMA found...
June 16, 2023
Curbside Grocery Wins as Shoppers Increase Digital Adoption
As consumers step up their engagement with online grocery channels, they have a lot of different options to choose from, ranging from third-party marketplaces to brick-and-mortar grocers’ direct digital channels...
June 16, 2023
Regulators Try to Clear ‘Fog’ Around Cloud-Based Financial Data
Regulators have grown uneasy about the risk that the cloud poses to the financial system. That’s according to a Thursday (June 15) opinion piece by Gillian Tett of the Financial...
June 16, 2023
FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading...
Government data pointing to cooling inflation helped buoy FinTech IPO names this past week. Retail sales data Thursday (June 15) showed that consumer spending remains resilient, which helped give the...
June 16, 2023
Amazon Fashion Becomes Its Own Force as Walmart Reconsiders Brand...
Sometimes it is a selective and focused sales strategy instead of broad appeal that may see overwhelming results. Amazon’s current standing as a player in higher-end fashion sales has been...
