Online prices continue to fall — ChainStoreAge.com
Online shoppers rejoice! Prices of e-commerce goods continue to drop: “U.S. online prices in July 2023 fell 1.6% year-over-year (YoY). This made July the 11th consecutive month of...
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Walmart as neobank — PYMNTS.com
Walmart is making strides in offering financial services to its customers: “More specifically, Walmart may find its berth as a reseller of banking services — call it a customer center for...
READ MOREWalmart announces Q2 earnings conference call — Walmart.com
Walmart will hold a conference call for the investment community on August 17th: “Walmart Inc. today announced it will hold a live conference call with the Investment Community at 7 a.m. CDT...
READ MORENRF debuts Center for Digital Risk & Innovation — RetailDive.com
The NRF has launched the Center for Digital Risk & Innovation, which will focus on technology-related concerns within the retail industry: “The National Retail Federation on July 31...
READ MOREUPS lost business during union negotiations — SupplyChainDive.com
UPS executives are working to earn back business lost during the company’s recent labor dispute: “More UPS shippers diverted volume to other carriers than the company anticipated in Q2...
READ MOREWalmart’s grocery share continues to grow — WinsightGroceryBusiness.com
Walmart continues to grow its grocery business: “The Bentonville, Arkansas-based retail Goliath now takes in 25.2% of all grocery dollars, up about 1.5 percentage points since 2021.“ 8th...
READ MORESam’s Club touts lunch box savings — SamsClub.com
Purchasing Sam’s Club’s bulk items can add up to huge savings on packed lunches: “By stocking up on just seven bulk items at Sam’s Club, members can provide a month’s worth of...
READ MOREWalmart expands AR shopping options — ChainStoreAge.com
Walmart is expanding its mobile AR capabilities, helping customers with their purchase decisions: “Customers can also toggle product dimensions to check if an item will fit in their space and...
READ MOREShipping container demand on the wane — PYMNTS.com
A slowdown in consumer spending might have triggered a decline in demand for shipping containers: “The Copenhagen-based company, one of the world’s largest container shipping businesses, had...
READ MOREStudy: Cart abandonment tied to security concerns — ChainStoreAge.com
Many consumers abandon their e-commerce carts because of security concerns. Suppliers who want to increase online sales may benefit from partnering with established third-party marketplaces such as...
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