June 20, 2023
PYMNTS Data Shows Gen Z’s Embrace of Credit — When...
Credit remains a lifeline for Generation Z — if they’ve got access to it in the first place. To that end, PYMNTS data shows that younger consumers, specifically those born...
June 20, 2023
Amazon’s Fulfillment Service Woos Grocery Sellers Away From Walmart
As small food brands look to reach consumers online, some are finding that, when it comes to both operational simplicity and to reaching the widest audiences, Amazon cannot be beat,...
June 20, 2023
Vestager In The Running For European Investment Bank President
Denmark has nominated Margrethe Vestager, the EU competition and digital regulation commissioner, to lead the European Investment Bank. According to The Financial Times, Vestager, a senior official in the European Commission,...
June 20, 2023
Walmart Hopes TalkShopLive Livestream Shopping Will Turn Followers Into Sales
In order to meet its ambitious goal of reaching $200 billion in global sales within the next five years, Walmart is ramping up its commitment to livestream shopping. Teaming up...
June 20, 2023
Consumers Chafe as Clothing Retailers Tighten Returns Rules
The age of easy clothing returns is coming to an end. A report Tuesday (June 20) by the Wall Street Journal (WSJ) says nonreturnable items are becoming increasingly common. For...
June 20, 2023
Amazon Teams With YouLend Amid Tough Borrowing Environment
Amazon has teamed with YouLend to help small businesses in the U.K. gain financing in a tough lending environment. The partnership between the retail giant and embedded financing platform, announced Tuesday (June...
June 18, 2023
CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork...
The Federal Reserve has signaled it will pause rate hikes. In the meantime, the U.S. consumer keeps spending. Economic data released over the past few days underpinned gains in the...
June 18, 2023
UK Watchdog OKs Amazon’s $1.7B Buy Of Roomba-Maker iRobot
On Friday, the competition regulator of Britain approved Amazon.com Inc’s acquisition of iRobot for $1.7 billion, which is the manufacturer of the Roomba vacuum cleaner. Reuters reported that the CMA found...
June 16, 2023
Curbside Grocery Wins as Shoppers Increase Digital Adoption
As consumers step up their engagement with online grocery channels, they have a lot of different options to choose from, ranging from third-party marketplaces to brick-and-mortar grocers’ direct digital channels...
