Instacart will reportedly forgo raising fresh capital in its expected initial public offering (IPO) and instead back a plan that would see most of its listing funded with shares sold by employees. Get the Full Story Complete the form to unlock this article and enjoy...
Two high-end department stores reportedly have a closer relationship now, as the parent company of Mexican chain Liverpool has reportedly acquired a 9.9% passive stake in U.S. chain Nordstrom for 5.9 billion pesos ($293.8 million). Get the Full Story Complete the form to unlock this...
Beyond the seasonal rush to ramp up for the holidays, on top of the perennial “Best Toys” campaigns, the nation’s top two retailers found themselves engaged in a different tactical tussle this week, as Amazon and Walmart each rolled out a raft of new features...
Amazon’s logistics and other efforts are reportedly contributing to FedEx’s declining package volume and lower-than-expected revenue reported for the most recent quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The battle for smart cart primacy is rolling ahead full steam as segment leader Instacart is challenged by new players looking to break its dominance of the massive omnichannel grocery category. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Aiming to offer its members flexibility and convenience, membership warehouse club operator BJ’s Wholesale Club has begun accepting Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments when members check out on BJs.com or the company’s mobile app. Get the Full Story Complete the...
As grocers increasingly find ways to accept Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments through their digital channels, Walmart, the world’s largest grocery retailer, is looking to make the online shopping process for recipients simpler. Get the Full Story Complete the form...
For the second time in a year, Walmart has upgraded its virtual try-on technology via its new “Be Your Own Model” feature that literally puts shoppers in the picture. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
On-demand delivery of bargain-priced merchandise will be available to consumers under a new partnership between Big Lots and DoorDash. 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...