Retail sales

Fiserv Lets Cardholders Shop With Rewards Points on Amazon
Fiserv Lets Cardholders Shop With Rewards Points on Amazon
July 27, 2023  |  Retail

Payments FinTech Fiserv says it’s letting cardholders redeem points for Amazon purchases. The offering, announced Thursday (July 27), allows cardholders at financial institutions that are part of Fiserv’s uChoose rewards program...

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Coca-Cola Adjusts for Cost-Conscious Consumers as Shoppers Trade Down
Coca-Cola Adjusts for Cost-Conscious Consumers as Shoppers Trade Down
July 26, 2023  |  Earnings

As consumers continue to seek more affordable options amid inflation, Coca-Cola is shifting its product strategy toward cost-cutting shoppers. On a call with analysts on...

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Consumers Confident but Student Loan Repayments May Pinch Holiday Spending
Consumers Confident but Student Loan Repayments May Pinch Holiday Spending
July 25, 2023  |  Consumer Insights

Consumer confidence is high. The payments networks are about to report earnings, and banks have already pointed to some resilience, although spending is slowing. Uneven...

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Walmart’s Digital Blind Spot Helped Amazon Win Summer Sales Standoff
Walmart’s Digital Blind Spot Helped Amazon Win Summer Sales Standoff
July 25, 2023  |  Retail

Summer deals got financially fraught consumers to shop both Amazon Prime Day and Walmart+ Week in mid-July. But according to PYMNTS data, twice as many...

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Rising Use of Amex Cards Shows Credit Appeals to Savvy Younger Consumers
Rising Use of Amex Cards Shows Credit Appeals to Savvy Younger Consumers
July 21, 2023  |  Payment Methods

Younger consumers — Gen Z and millennials among them — boosted American Express’ results, as disclosed on Friday (July 21). But beyond the confines of...

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Consumers Consider Pet Supply Subscriptions as Essential as Household Items
Consumers Consider Pet Supply Subscriptions as Essential as Household Items
July 20, 2023  |  Subscription Commerce

Even as subscription rates falter overall, the robust offerings of pet supply subscriptions — plus the emotional attachment to beloved pets — have bolstered the...

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Ocado CEO: U.S. Lags Behind Other Countries on eGrocery Profitability
Ocado CEO: U.S. Lags Behind Other Countries on eGrocery Profitability
July 20, 2023  |  Retail

As United States grocers look to seize on the digital shift, they may need to update their infrastructure to make eCommerce worth its while in...

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GNC Adds Free Healthcare Products and Services to Loyalty Program
GNC Adds Free Healthcare Products and Services to Loyalty Program
July 20, 2023  |  Retail

GNC has added free healthcare products and services to its loyalty program. With the new GNC Health added to the upgraded GNC PRO Access membership, which has a fixed fee...

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DRINKS CEO: Alcohol eCommerce Market Poses Multibillion-Dollar Opportunity
DRINKS CEO: Alcohol eCommerce Market Poses Multibillion-Dollar Opportunity
July 19, 2023  |  eCommerce

As consumers increasingly turn to eCommerce platforms to get their day-to-day needs met alcohol remains largely left out of the digital shift, leaving a significant...

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