Retail

Retail
Bolt and Checkout.com Team for Frictionless Commerce
March 18, 2024

Checkout technology company Bolt has launched a partnership with payments solutions provider Checkout.com. The collaboration makes Bolt Checkout.com’s “exclusive one-click checkout provider” with Checkout.com becoming “Bolt’s preferred payment partner,” the companies said in a Monday (March 18) press release. “By integrating Bolt’s industry-leading checkout technology with Checkout.com’s enterprise-grade payment solutions,...

Retail
As Shoppers Cut Back, Retailers Focus on Big Spenders
March 18, 2024

With economic pressures squeezing the lower and middle classes’ budgets, brands and retailers are setting their sights on the shoppers who still have cash to burn. Indeed, many brands that operate across luxury and mass-market categories are turning their focus to the higher end of...

Retail
Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
March 18, 2024

As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft from organized crime gangs.  A recent Alameda Police Department news release highlighted $75,000 in recovered retailer property as part of a...

Retail
St. Pat’s Showdown: Booze Brands Get Creative
March 16, 2024

As St. Patrick’s Day approaches, beer and liquor brands are gearing up for a showdown to see who can win consumers’ boozy spending, and the methods are getting unconventional. From ancestry revelations to charm necklaces, alcoholic beverage brands are looking beyond the pint glass to...

Retail
Bookstores Regain Ground as Consumers Seek In-Person Engagement
March 15, 2024

Consumers’ shift to eCommerce has not killed the bookstore yet. From industry giants’ recoveries to the reemergence of independent players in the space, the bookstore continues to serve a valuable need for many consumers. Barnes & Noble, which has had its challenges and which continues...

Retail
Google’s New Bulk Email Guidelines Incentivize Better Digital B2B Strategies 
March 15, 2024

The digitization of the B2B space, from payments to marketplaces, is well-trodden ground by now. But that doesn’t mean that the increasingly online modus operandi for B2B businesses can’t throw companies a few curveballs every now and then. This, as new updates to Google’s bulk email guidelines,...

Retail
Home Depot Adds Security Measures, Remains Committed to High-Theft Locations
March 15, 2024

Despite rampant retail theft forcing many retailers to close their doors, Home Depot has reportedly reaffirmed its commitment to major U.S. cities such as Detroit, Philadelphia and Oakland, California. The home improvement retailer has been heavily investing in technology to combat the significant increase in organized...

Retail
Amazon Extends Home Goods Lead Over Walmart With Discounts
March 15, 2024

With mega-retailers Amazon and Walmart competing to secure consumers’ loyalty for high-ticket purchases such as furniture, the eCommerce giant is pulling further ahead by the quarter. This trend can be seen in the latest data from the PYMNTS Intelligence “Whole Paycheck Report” series, which estimates...

Retail
Dollar General Reduces Self-Checkout Options to Increase Engagement, Decrease Shrink
March 14, 2024

Dollar General is cutting back on its offering of self-checkout options, saying it is doing so to improve the customer experience and to reduce inventory shrink. This change follows a year in which the retailer saw an increased level of shrink, the company said in a...