Consumer demand for BNPL surges — PYMNTS.com
A recent study shows that consumer demand for “buy now, pay later” plans is on the increase, outpacing the retailers that offer this payment option: “This goes against consumer...
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Chinese travel agency books Sam’s Club tours — TheStandard.com.hk
Chinese tourists are flocking to a Sam’s Club in Shenzhen: “TGL Tours said the “Sam’s Club Shenzhen 2-Day Tour” package scheduled for January met an overwhelming demand....
READ MOREHow SNAP fared in 2023 — GroceryDive.com
Grocery Dive offers a review of how SNAP (food stamps) fared in 2023. . .and the impact of program changes on retailers: “The year started out with rough news for many SNAP participants as...
READ MORENew Suez Canal disruptions — SupplyChainDive.com
Photo by samuel hanna on Unsplash Possible disruptions on the Suez Canal could create supply chain headaches and increase costs: “Earlier this month, attacks on vessels traveling to the...
READ MOREUncle Sharii expands Walmart partnership — Food & Wine
Walmart is adding new Uncle Sharkii poke bars to its stores: “Uncle Sharkii, a chain of fast-food-style poke bars, recently announced a partnership with the Arkansas-based retail giant....
READ MOREMastercard: Holiday retail sales growth slowed in 2023 — Reuters.com
Mastercard reports sales growth during the 2023 holiday shopping season, but this growth is slower than that of 2022: “Amazon.com and Walmart ramped up promotions through November in the United...
READ MORESurvey: Americans want quick meal prep — FoodBusinessNews.net
Americans are strapped for time and are looking for ways to prepare meals quickly: “According to the index, 80% of Americans surveyed felt as though their days have fewer hours, with 85% of...
READ MOREThe story of Walmart’s Great Value brand — RetailWire.com
Great Value is Walmart’s private label grocery brand. Retail Wire has the scoop: “Walmart conducted tests on more than 5,250 products to guarantee the quality of Great Value items. They...
READ MOREConsumers remain concerned about food prices — FoodDive.com
Consumers remain concerned about inflation and the cost of food: “While the reasons for food inflation are complex, all major food groups saw prices increase in 2022, amid supply chain woes,...
READ MOREU.S. investments supported Mexican “nearshoring” — SupplyChainDive.com
The U.S. has long supported Mexico’s “nearshoring” via investments and imports: “The United States’ role in the growth is visible in trade data. During 2022, 14% of all U.S. imports by...
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