retailers

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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Holiday ‘Sales Creep’ May Burden Inventory-Laden Retailers
Holiday ‘Sales Creep’ May Burden Inventory-Laden Retailers
August 22, 2023  |  Retail

Right now, the headlines and news stories detailing the deluge of holiday merchandise on retailers’ shelves are a bit whimsical. Christmas is here, is the...

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Private Equity Firm Silver Lake Considers Selling Global Blue
Private Equity Firm Silver Lake Considers Selling Global Blue
August 15, 2023  |  Business

Private equity firm Silver Lake is reportedly exploring selling Global Blue, a company that enables retailers to offer tax-free shopping. This consideration comes after receiving...

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Omnichannel Commerce Boosts The Honest Company in Q2
Omnichannel Commerce Boosts The Honest Company in Q2
August 08, 2023  |  Earnings

The Honest Company, founded by movie star Jessica Alba, posted its second-quarter results Wednesday (Aug. 8), which showed a revenue bump from recent retail distribution deals....

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Consumers Looking for Bargains Shopped Amazon Over Walmart in Summer Deal Days
Consumers Looking for Bargains Shopped Amazon Over Walmart in Summer Deal Days
July 28, 2023  |  Retail

Amazon Prime Days and Walmart+ Week showed high participation this year. Consumers engaged more when they saw better bargains during the world’s top two retailers’...

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Nearly Three-Quarters of Cardholders Negatively View Retailers and Restaurants That Add a Credit Card Surcharge
Nearly Three-Quarters of Cardholders Negatively View Retailers and Restaurants That Add a Credit Card Surcharge
May 19, 2023  |  Consumer Insights

Consumers have long ignored or simply lived with merchant surcharges, but that’s changing as bills and statements undergo intense scrutiny in the current economic crisis,...

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PYMNTS Intelligence: Consumers and Merchants Can Benefit From Store Cards
PYMNTS Intelligence: Consumers and Merchants Can Benefit From Store Cards
April 13, 2023  |  Credit Cards

Although there are challenges to their widespread adoption, white-label store cards can benefit both consumers and merchants. For this reason, merchants should explore how to...

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