retailers

Will Walmart and Target Price Cuts Inspire Other Retailers?

Will Walmart and Target Price Cuts Inspire Other Retailers?
Will Walmart and Target Price Cuts Inspire Other Retailers?
May 22, 2024  |  Retail

The past few days have seen two of America’s biggest retailers announce major price cuts. When Target this week said it was cutting prices on thousands of products,...

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Walmart Debuts Expanded Versions of Neighborhood Market
Walmart Debuts Expanded Versions of Neighborhood Market
May 21, 2024  |  Retail

Walmart has introduced an expanded take on its Neighborhood Market stores. The retail giant is in the midst of opening or converting more than 150 stores in...

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Customer Satisfaction Concerns Drive eCommerce Merchants’ Security Upgrades
Customer Satisfaction Concerns Drive eCommerce Merchants’ Security Upgrades
May 15, 2024  |  Cybersecurity

Ninety-five percent of eCommerce merchants have either already started enhancing their anti-fraud resources or plan to do so before the year is out. That is...

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Nordstrom CEO, President Aim to Take Company Private
Nordstrom CEO, President Aim to Take Company Private
April 18, 2024  |  Retail

Nordstrom CEO Erik Nordstrom and President Pete Nordstrom have told the retailer’s board that they’re interested in taking the company private. As a result, the board has formed a special...

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JCPenney Launches Rewards and Credit Program
JCPenney Launches Rewards and Credit Program
April 17, 2024  |  Loyalty & Rewards

JCPenney has debuted its Rewards and Credit Program, a free loyalty program for customers. “Last year, JCPenney announced a $1 billion reinvestment plan to further...

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Consumers Switch to Cheaper Retailers but Hesitant to Leave Grocers
Consumers Switch to Cheaper Retailers but Hesitant to Leave Grocers
April 17, 2024  |  Retail

Shoppers who are willing to leave their favorite retailers in search for better prices are hesitant to make the same kinds of changes when it...

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Store Card Revenue Under Pressure From Late Fee Change, BNPL
Store Card Revenue Under Pressure From Late Fee Change, BNPL
April 10, 2024  |  Credit Cards

Retailers’ revenue from store credit cards is reportedly facing pressure for several reasons. These forces are impacting all retailers, but especially department stores, whose businesses...

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Eclipse Spotlights a Revenue Opportunity for Travel Sector
Eclipse Spotlights a Revenue Opportunity for Travel Sector
April 07, 2024  |  Travel Payments

This week’s eclipse could mark a bright spot for companies in the travel sector. As Reuters reported Friday (April 5), parts of the U.S. that...

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