July 01, 2024
Report: Online Shopping Warehouse Boom Transforms Rural Towns
America’s love of online shopping has transformed communities like Shippensburg. The college town in the heart of Pennsylvania is the subject of a Bloomberg Businessweek piece published Monday (July 1)...
July 01, 2024
TikTok Joins Merchants’ Summer Discounting Dash for Paycheck-to-Paycheck Shoppers
As retailers and marketplaces look to summer sales to win the spending of budget-strapped consumers, TikTok Shop is joining the mix with its own discounting event. TikTok announced Thursday (June...
July 01, 2024
E.l.f. Begins Selling Physical Products Through Roblox Virtual Kiosk
Beauty brand e.l.f. has expanded its partnership with virtual world and gaming platform Roblox to include real-world commerce. In the new virtual kiosk within the e.l.f. Up! experience on Roblox,...
July 01, 2024
Supreme Court Sides With Retailers in Debit Card Swipe Fee...
The Supreme Court handed a victory to retailers battling debit card “swipe fees.” The high court’s 6-3 ruling Monday (July 1) sided with the plaintiffs in a case challenging a...
June 30, 2024
Target Tries to Shake Off ‘Pandemic Hangover’ as Sales Slump
After seeing revenues surge during the pandemic, Target has been facing tough times. A report Sunday (June 30) by the Financial Times (FT) examines the retailer’s recent struggles: sales have...
June 30, 2024
Redbox Goes Bankrupt as Streaming Video Kills the Rental Kiosk
Redbox’s parent has reportedly filed for bankruptcy protection after defaulting on loans and missing payroll. Chicken Soup for the Soul Entertainment, which acquired the DVD rental kiosk company in 2022,...
June 30, 2024
Swipe Fee Settlement Judge Says $30 Billion Agreement Is ‘Paltry’
Last week, a federal judge rejected Visa and Mastercard’s $30 billion settlement with merchants. Now, new court filings provide more detail about U.S. District Judge Margo Brodie’s rejection of the...
June 28, 2024
Target to Lower Threshold for Apprehending, Prosecuting Shoplifters
Target will reportedly lower the threshold at which store staff can attempt to stop nonviolent theft. In a new guideline expected to be implemented this summer, the retailer has dropped...
June 28, 2024
Price Wars: Amazon and Walmart Escalate Race to the Bottom
This week in the ongoing battle between retail giants Amazon and Walmart, the two companies are upping their discounting efforts in an effort to secure the loyalty of cost-conscious consumers....
