In today’s top retail news, retail sales grew for the third month in a row in October, while Walmart says its omnichannel approach and infrastructure investments have prepared it to meet customer demand this holiday season. Also, Chase has partnered with delivery platform Gopuff to...
Today in restaurant and grocery tech news, Walmart leverages its low prices to gain share in grocery, while Sainsbury’s in London opens the first store outside the U.S. with Amazon’s white-labeled Just Walk Out frictionless checkout. Plus, Drizly and 7-Eleven team up for on-demand alcoholic...
Walmart is widening its lead in grocery, targeting consumers who are put off by rising prices. In the quarter ended October 29, 2021, the chain saw grocery sales grow “nearly 10%,” with food sales growth of $3.6 billion, the strongest in six quarters, company executives...
If there were any doubts that the omnichannel consumer is here to stay, Walmart’s latest results, out this morning (Nov. 16), might dispel them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Price and item availability are among consumers’ biggest concerns this holiday, with inflation surging past 6% and supply chain bottlenecks leaving some shelves bare. To compensate, an increasing number of people are considering gifting used items, particularly those that have been refurbished by manufacturers. Get...
Walmart said its omnichannel approach and investments in technology in recent years have set the retailer up to meet shoppers’ needs this holiday season, with approximately 50,000 new supply chain employees added in the third quarter to keep things moving in the coming weeks. Get...
Car parts retailer Advance Auto Parts, Inc. on Monday (Nov. 15) reported that net sales for the third quarter were up 3.1% to $2.6 billion, with comparable sales also increased by 3.1% and up 13.3% since the same time in 2019. Get the Full Story...
Home improvement retail giant The Home Depot on Tuesday (Nov. 16) said its sales for the third quarter of fiscal 2021, which ended Oct. 31, were $36.8 billion, up $3.3 billion — or 9.8% — from the same time a year ago as consumers continue...
U.S. retail and food services sales escalated last month to $638.2 billion, up 1.7% over the previous month and beating economists’ forecasts, according to a Tuesday (Nov. 16) report from the Census Bureau. Get the Full Story Complete the form to unlock this article and...
