- December 6, 2023
Walmart’s CEO says it’s difficult to project what the retailer’s post-holiday sales will look like.
Speaking with CNBC Wednesday (Dec. 6), Doug McMillon said that higher credit card balances and reduced household budgets ...
- December 1, 2023
This week, eCommerce giant Amazon rolled out a new slew of artificial intelligence (AI) tools, giving brands and retailers a chance to upgrade their customer experiences without breaking the bank. Mega retailer Walmart, ...
- November 29, 2023
So far, this year’s holiday has been one of superlatives.
Record online spending on Black Friday. Record Cyber Monday sales. The most people ever to shop during Thanksgiving weekend.
But despite all this fanfare, Black Friday ...
- November 28, 2023
Walmart’s latest foray into shoppable video will seem familiar to fans of the Hallmark channel.
The retail giant has teamed up with TikTok and Roku to launch its first-ever shoppable series, the company announced Tuesday (Nov. 28).
Modeled ...
- November 27, 2023
Amazon has reportedly surpassed UPS to become America’s largest delivery business.
The eCommerce behemoth delivered more packages to consumers in the U.S. last year than UPS — and also has led FedEx since 2020 — ...
- November 27, 2023
Despite the price hikes that threatened the Black Friday spirit, 2023 saw shoppers rising to the occasion with a 10% surge in participation compared to 2020. But who were the ...
- November 24, 2023
Amazon and Walmart are revving up their engines with initiatives set to hit consumers by the year’s end or the start of 2024. The projects go full throttle on transportation ...
- November 24, 2023
The holiday weekend is here.
And, as has been seen over more than a decade, Small Business Saturday, a mainstay of the retail landscape initially promoted by American Express and now ...
- November 21, 2023
Retailers are reportedly bracing for a tough holiday season, with economic demand slowing and outlooks mixed.
Despite offering higher discounts and competitive promotions, retailers are uncertain if these measures will be ...
- November 21, 2023
Walmart is beginning to add parcel stations to its stores that serve as delivery hubs.
The retailer plans to have over 40 parcel stations in stores by the end of the ...
- November 20, 2023
Headed into a holiday-shortened trading week, the CE 100 Index was 4.3% higher as investors snapped up shares and earnings season drew near its close to cap the look back ...
- November 17, 2023
The holidays are upon us. The credit card debt has been racked up. The broad deluge of earnings reports has slowed to a trickle.
The data and commentary show that U.S. ...
- November 17, 2023
As Thanksgiving approaches, brands and retailers are pulling out all the stops to gobble up hesitant consumers’ inflated dollars, and Amazon and Walmart are no exception. However, this time, the ...
- November 16, 2023
The impact of inflation on consumer spending has been a consistent concern throughout the year, and indications suggest that this trend is set to persist this holiday season.
As Walmart CEO Doug ...
- November 16, 2023
Prices are finally coming down at many retailers. Consumers still may not feel relieved.
A report Thursday (Nov. 16) by The Wall Street Journal (WSJ) takes a closer look at the state ...
- November 16, 2023
Walmart has made the consumer spending slowdown official.
As fiscal year third-quarter earnings results debuted Thursday morning (Nov. 16) showed a cautious outlook on consumers’ willingness to open their wallets into ...
- November 15, 2023
Walmart earnings, slated for Thursday morning (Nov. 16) before the market opens, will likely offer the latest variations on several themes:
Consumers seeking value, especially with consumables and groceries;
a shift to ...
- November 13, 2023
Walmart has implemented its designated hours, known as “sensory-friendly hours,” for patrons across its entire U.S. network of stores.
Per the company’s announcement, between 8 and 10 a.m. local time, Walmart ...
- November 10, 2023
Walmart, best known for offering products at wallet-friendly prices through its extensive network of physical stores, is setting records this month, driven by the success of its grocery offerings that ...
- November 8, 2023
TikTok is establishing a warehouse and fulfillment network to boost its eCommerce operations.
As a report Tuesday (Nov. 7) by The Wall Street Journal (WSJ) noted, this move shows the social media platform both ...
- November 7, 2023
Conversational AI company Native Voice has teamed with Walmart to bring Voice AI to vehicles.
The partnership, announced Tuesday (Nov. 7), will see the retail giant sell Native Voice’s “onn.” wireless FM transmitter.
“Best suited to vehicles ...
- November 7, 2023
The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to browse. Fortunately, PYMNTS has you ...
- November 7, 2023
Walmart is expanding its shoppable TV footprint via a new partnership with NBCUniversal’s Peacock platform.
The collaboration lets fans of “Below Deck Mediterranean,” a reality series about the crew of a ...
- November 6, 2023
The digital shift is forging new battlegrounds for the grocery segment.
For the platforms and the giants of retail — Amazon and Walmart among them, along with DoorDash — the focus ...
- November 3, 2023
Walmart’s shares reportedly reached an all-time high Friday (Nov. 3), with investors betting on its ability to thrive during the holiday season.
This peak, at $166.30, is the highest point since ...
- November 3, 2023
This week, Walmart Canada introduced a new offering, allowing its customers to opt for an interest-free buy now, pay later (BNPL) payment method, which is powered by Klarna. Shoppers visiting ...
- November 2, 2023
Ibotta, the digital marketing software firm, is reportedly gearing up for an initial public offering (IPO) that could value the company at $2 billion or more.
To assist with the IPO, ...
- November 2, 2023
The Federal Trade Commission (FTC) reportedly unveiled details of a lawsuit against Amazon Thursday (Nov. 2), accusing the eCommerce giant of employing strategies to enhance its profits.
The FTC alleges that Amazon used a ...
- November 1, 2023
Buying auto parts, historically speaking, has been about as brick and mortar a process as one might find anywhere.
Buying the parts themselves tends to be an urgent consideration: Something’s wrong ...
- October 31, 2023
Sur La Table, a specialty retailer of cookware, kitchen electrics and bakeware, will roll out same-day delivery for online orders nationwide by mid-November.
This service will be enabled by a collaboration ...
- October 30, 2023
Walmart is celebrating the re-grand opening of 117 remodeled stores across the United States Monday (Oct. 30), marking the largest single-day rollout of re-grand openings in its history.
It’s the latest ...
- October 27, 2023
Amazon and Walmart aren’t just battling for the eCommerce crown. They’re also locked in an artificial intelligence (AI) rivalry to woo third-party sellers.
In their quest, both retail giants are ...
- October 26, 2023
Automotive parts eCommerce platform RevolutionParts is working with Walmart GoLocal to expand same-day delivery.
The collaboration, announced Thursday (Oct. 26), is part of what RevolutionParts calls its growing suite of delivery offerings, RP Shipping, which offers parts ...
- October 24, 2023
Walmart’s incubation arm, Store Nº8, and Outlier Ventures, a global Web3 accelerator, have announced the first cohort for their accelerator program aimed at supporting startups that are focused on building ...
- October 23, 2023
As Amazon and Walmart engaged in a checkout showdown throughout October in the holiday shopping race, Kohl’s is looking to distinguish itself and ensure customer loyalty in the upcoming month.
To achieve this, Kohl’s has expanded its ...
- October 20, 2023
Walmart is doubling down on its strategy of holiday season grocery deals in an effort to take advantage this high-stress time to secure market share and customer loyalty.
On Wednesday (Oct. ...
- October 20, 2023
What if you could have items delivered by drones? That’s the latest battleground between Amazon and Walmart as both retail giants take to the skies to establish dominance in the ...
- October 19, 2023
With many consumers open to using artificial intelligence (AI) as they shop, grocers and grocery technology providers alike are seizing on the opportunity to boost efficiency and drive engagement.
By the ...
- October 18, 2023
Retailers are turning to augmented reality (AR) to craft consumer experiences that not only resonate and leave a lasting impression but also instill greater confidence in the brand, ultimately motivating ...
- October 16, 2023
As the holiday shopping season approaches, Walmart has announced that it is will not hire additional staff to serve customers during this peak period.
This comes as other major U.S. retailers, ...
