Retail sales

For Amazon and Walmart, It’s a Battle of Price, Convenience and the Right Stuff

For Amazon and Walmart, It’s a Battle of Price, Convenience and the Right Stuff
For Amazon and Walmart, It’s a Battle of Price, Convenience and the Right Stuff
February 24, 2023  |  Retail

The battle between the top two retailers has never been more digital, and by all accounts, that shift will only increase. “If you look at...

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GoDaddy Bundles Payment Technology and Domains to Create Pay Links
GoDaddy Bundles Payment Technology and Domains to Create Pay Links
February 23, 2023  |  Payment Methods

GoDaddy has bundled payment technology and domains to create branded pay links. With these new Payable Domains, businesses with a newly registered or existing domain can...

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Ant Group Profit Falls 83% After China Tech Crackdown
Ant Group Profit Falls 83% After China Tech Crackdown
February 23, 2023  |  Earnings

China’s Ant Group’s quarterly profits plummeted following a long-term crackdown on the country’s tech sector.  The FinTech contributed $145 million to its affiliate Alibaba’s earnings,...

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Amazon Invests in Online Grocery as Supermarkets Boost In-Store Tech
Amazon Invests in Online Grocery as Supermarkets Boost In-Store Tech
February 23, 2023  |  Retail

This week in grocery, Amazon backs an online grocery startup, Giant leverages video and self-checkout evolves. In Amazon’s ongoing efforts to grow its share of perishables, the...

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Mytheresa Sees Widening Gap Among Luxury Shoppers
Mytheresa Sees Widening Gap Among Luxury Shoppers
February 23, 2023  |  Retail

For Mytheresa, the high-end retail segment is diverging. This, as the newly listed luxury brand marketplace says it sees a difference between what it calls...

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Amazon Prime, Walmart+ Subscription Battle May Be Decided by Younger Consumers
Amazon Prime, Walmart+ Subscription Battle May Be Decided by Younger Consumers
February 22, 2023  |  Subscriptions

The winner in the battle between Amazon Prime and Walmart+ for subscribers’ wallet share may be decided by younger consumers. Recent earnings results by the two...

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Grocery Store Sales Set for SNAP Shock in March
Grocery Store Sales Set for SNAP Shock in March
February 22, 2023  |  Payment Methods

Grocers may want to brace for a slump as most states cut back food stamps. For all but a smattering of states, Supplemental Nutrition Assistance...

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Inflation-Stressed Consumers Miss Credit Card Payments
Inflation-Stressed Consumers Miss Credit Card Payments
February 21, 2023  |  Connected Economy

If missed bill payments indicate consumers’ lacking economic security, we may be in for a bumpy ride.  Last week’s news about January’s consumer spending sharply up from the previous...

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