Retail sales

Latest Fed Hike May Stymie Retailers’ Efforts to Clear Inventories
Latest Fed Hike May Stymie Retailers’ Efforts to Clear Inventories
May 03, 2023  |  Retail

We’ve reached a milestone with interest rates — and by extension, retailers may find it tougher to sell their inventories. As the world knows by...

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CVS Health Says 50 Million Digital Customers Spend 2.4X More Than In-Store Shoppers
CVS Health Says 50 Million Digital Customers Spend 2.4X More Than In-Store Shoppers
May 03, 2023  |  Earnings

CVS Health is progressing in creating a more robust omnichannel offering, ending the first quarter of 2023 by completing important strategic acquisitions and streamlining its growing...

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Adams Golf Shifts to D2C-Only Sales to Reach ‘Modern Golfers’
Adams Golf Shifts to D2C-Only Sales to Reach ‘Modern Golfers’
May 03, 2023  |  Retail

Aiming to reach a new generation of golfers, Adams Golf has moved fully online. The TaylorMade Golf-owned brand aims to be “a digitally native leader in direct-to-consumer golf...

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Businesses Turn to Shopping Data to Find Their Best Customers
Businesses Turn to Shopping Data to Find Their Best Customers
May 03, 2023  |  Retail

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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Card Payments Data Unlocks Small Business Credit Opportunities
Card Payments Data Unlocks Small Business Credit Opportunities
May 02, 2023  |  Payment Methods

Main Street is the soul of America, making small and medium-sized businesses (SMBs) its heart. That’s why it is worrisome that many Main Street SMBs...

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Kroger and Albertsons Court Public Support for Merger by Leveraging Inflation Anxieties
Kroger and Albertsons Court Public Support for Merger by Leveraging Inflation Anxieties
May 01, 2023  |  Retail

As Kroger and Albertsons’ pending merger faces criticism, the grocers are courting price-sensitive shoppers’ favor. In a co-authored op-ed in The Cincinnati Enquirer, Kroger Company CEO...

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Chase Powers New Rewards for Amazon Prime Visa Cardholders
Chase Powers New Rewards for Amazon Prime Visa Cardholders
May 01, 2023  |  Loyalty & Rewards

Chase and Amazon have introduced new rewards and cash back opportunities for Amazon Visa cardholders. The credit cards debuted Monday (May 1) with new names — “Prime Visa” and “Amazon...

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Amazon Fresh Goes Stale as New Grocery Options Considered
Amazon Fresh Goes Stale as New Grocery Options Considered
April 28, 2023  |  Amazon

As Amazon continues its brick-and-mortar grocery efforts, it seems likelier that Amazon Fresh is history. On a call with analysts discussing the eCommerce giant’s first-quarter financial results Thursday (April...

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Economic Data Shows Inflation Still Threatens Discretionary Spending
Economic Data Shows Inflation Still Threatens Discretionary Spending
April 28, 2023  |  Economy

Inflation is cooling, but its stubborn entrenchment is leading consumers to reconsider where and even whether to spend their dollars. The Bureau of Economic Analysis...

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