retailers

Agora Launches Livestream Shopping Technology
Agora Launches Livestream Shopping Technology
October 26, 2023  |  Retail

Agora, a platform for real-time engagement application programming interfaces (APIs), has announced the wide availability of its technology to power livestream shopping experiences. The company’s...

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Visa and Mastercard Shares Take a Hit as Fed Weighs Fee Reduction
Visa and Mastercard Shares Take a Hit as Fed Weighs Fee Reduction
October 18, 2023  |  Consumer Payments

Shares in Visa and Mastercard took a hit on Wednesday (Oct. 18) as news broke that the Federal Reserve is expected to propose a reduction in the fees banks can charge retailers for...

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1 in 6 Main Street SMB Retailers Are Considering Switching Payment Processors
1 in 6 Main Street SMB Retailers Are Considering Switching Payment Processors
October 17, 2023  |  SMBs

The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized...

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Significant Drop in Apparel Prices Provides Relief from Inflation
Significant Drop in Apparel Prices Provides Relief from Inflation
October 12, 2023  |  Economy

Prices for apparel and household items saw notable declines in September, even as the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4%.  This...

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Walmart Experiments With AI and AR to Enhance Shopping Experience
Walmart Experiments With AI and AR to Enhance Shopping Experience
October 06, 2023  |  Walmart

Walmart is embracing emerging technologies to enhance the shopping experience for its customers. With the aim of making shopping more convenient, Walmart is leveraging artificial intelligence...

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EU Retailers Push Back Against 30-Day Payment Rule
EU Retailers Push Back Against 30-Day Payment Rule
October 01, 2023  |  Commercial Payments

European retailers are concerned about new rules requiring businesses to be paid within 30 days. As the Financial Times reported Sunday (Oct. 1), retailers say the...

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Walmart and Amazon Streamline Staff in Cost-Cutting, Automation Efforts
Walmart and Amazon Streamline Staff in Cost-Cutting, Automation Efforts
September 01, 2023  |  Retail

Despite Walmart’s better-than-expected earnings results, Reuters reported earlier this week that the mega-retailer is asking 16,000 pharmacists nationwide to voluntarily cut hours in an effort...

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Retailers Turn to Discounts as Consumers’ Cost Concerns Grow
Retailers Turn to Discounts as Consumers’ Cost Concerns Grow
August 27, 2023  |  Retail

American retailers are increasingly turning to promotions as consumers grow cagey about nonessential spending. As Bloomberg News noted in a report Sunday (Aug. 27), Whirlpool, Petco and Foot Locker are...

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Amazon Poised to Overtake Walmart in Health and Beauty Spending
Amazon Poised to Overtake Walmart in Health and Beauty Spending
August 25, 2023  |  Retail

Amazon’s strategy of overtaking Walmart in key retail categories may finally come to fruition. The competition between the world’s top two retailers for shares of...

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