Retail sales

Adobe Commerce Adopts Klarna’s BNPL Services
Adobe Commerce Adopts Klarna’s BNPL Services
July 02, 2024  |  Buy Now Pay Later

Adobe Commerce merchants can now offer their customers Klarna’s buy now, pay later (BNPL) services and other flexible payment options. The partnership will help these...

READ MORE >
Target Tries to Shake Off ‘Pandemic Hangover’ as Sales Slump
Target Tries to Shake Off ‘Pandemic Hangover’ as Sales Slump
June 30, 2024  |  Retail

After seeing revenues surge during the pandemic, Target has been facing tough times. A report Sunday (June 30) by the Financial Times (FT) examines the...

READ MORE >
Walgreens Considers Closing 25% of Stores Amid Consumer Price Sensitivity
Walgreens Considers Closing 25% of Stores Amid Consumer Price Sensitivity
June 27, 2024  |  Earnings

Challenges in the retail environment and the pharmacy industry have led Walgreens Boots Alliance to consider closing as many as 25% of its U.S. retail...

READ MORE >
Consumer Spending Revised Lower as Paycheck-to-Paycheck Households Struggle
Consumer Spending Revised Lower as Paycheck-to-Paycheck Households Struggle
June 27, 2024  |  Economy

The third estimate of how gross domestic product (GDP) fared in the first quarter showed — at least in the headline number — there was...

READ MORE >
Walmart CFO: Current Quarter’s Comparable Sales Growth Will Be Weaker
Walmart CFO: Current Quarter’s Comparable Sales Growth Will Be Weaker
June 25, 2024  |  Walmart

Walmart’s sales in the current quarter won’t be as strong as they were in the previous quarter, Walmart Chief Financial Officer John Rainey reportedly said...

READ MORE >
Walmart Doubles Down on Deal Days as Consumers Seek Sales Events
Walmart Doubles Down on Deal Days as Consumers Seek Sales Events
June 24, 2024  |  Walmart

Walmart is following up its just-finished summer savings event with another one weeks later, as the retailer looks to compete with Amazon’s Prime Day to...

READ MORE >
Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
June 24, 2024  |  Buy Now Pay Later

Klarna sold its online checkout solution, Klarna Checkout (KCO), for $520 million to a group of investors led by BLQ Invest CEO and founding partner...

READ MORE >
Consumers Send Mixed Messages on May Retail Spend
Consumers Send Mixed Messages on May Retail Spend
June 18, 2024  |  Economy

Retail sales for the month of May signal a consumer slowdown overall — and some mixed trends among discretionary categories. The data released Tuesday (June...

READ MORE >
Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
June 13, 2024  |  Retail

As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying...

READ MORE >