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 &
Retail News
Valuable information, curated from dozens of sources around the globe, keeps you abreast of meaningful retail news. Subscribe to the newsletter and start your workday with the latest.
Topic: Business/Economy
NRF 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 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...
READ MOREWalmart Canada features grilling essentials — WalmartCanada.com
Walmart Canada touts itself as a one-stop-shop for grilling essentials, placing special emphasis on its private label products: “Walmart Canada’s Private Brands team is always looking for...
READ MOREAnalysts reconsider holiday season prospects — ChainStoreAge.com
Analysts have mixed opinions on what retailers (and brands) can expect this holiday season: “’With a few months to go until the holiday season, the forecast is hazy, but hopeful,’...
READ MOREAmazon battles Walmart & Kroger for grocery sales — PYMNTS.com
Amazon is struggling to catch up with Walmart and Kroger in grocery sales: “Research by PYMNTS has shown that grocery purchases are one area where Amazon routinely trails its rival Walmart, as...
READ MORE