June 18, 2024
Report: Apple Turns Focus to Lower-Price Headset Amid Slower Sales
Apple has reportedly paused its work on its next high-end Vision Pro mixed-reality headset and chosen to focus on a more affordable, less full-featured version. The company originally planned to...
June 18, 2024
Consumers Send Mixed Messages on May Retail Spend
Retail sales for the month of May signal a consumer slowdown overall — and some mixed trends among discretionary categories. The data released Tuesday (June 18) by the Commerce Department...
June 17, 2024
Retail Media Can Help Turn Persuadable Shoppers Into Loyalists
Back in October of last year, collaborative research by PYMNTS Intelligence and sticky.io found that a few relatively small subsets of consumers were driving the bulk of merchants’ revenues. That’s...
June 16, 2024
Paytm Reportedly Explores Sale of Ticketing Unit to Zomato
India’s Paytm is reportedly in discussions to sell its movie/event ticketing business to Zomato. Talks between the FinTech and the food delivery firm are in the advanced stages, Bloomberg News...
June 14, 2024
Walmart Joins Retailers Tailoring Private-Label Offerings to Gen Z
As Gen Z shows an inclination for shopping from retailers’ own brands, major players are tailoring their private-label offerings to these young consumers’ desires and preferences. Walmart, for instance, recently...
June 14, 2024
Target Aims to Reverse Losses With Private-Label Goods, Price Cuts
Target reportedly lost market share in several of its key product categories in the first quarter. The retailer’s share shrank in food and household goods, clothing, electronics, homewares and furniture —...
June 14, 2024
Walmart and Amazon Race to Digitize the Physical Store
As Walmart and Amazon compete to stay at the forefront of retail’s omnichannel transformation, the two industry giants are integrating digital technologies into physical stores, aiming to provide the most...
June 13, 2024
Walmart to Relaunch Private-Label Fashion Brand ‘No Boundaries’
Walmart will relaunch its private-label fashion brand No Boundaries in stores and online July 16. Aimed at young adults, the No Boundaries brand has been refreshed by a Generation Z-focused...
June 13, 2024
Yellen: US Labor Market Has Become ‘More Normal’
America’s job market is starting to resemble its pre-pandemic self, says Treasury Secretary Janet Yellen. Speaking to CNBC Thursday (June 13), Yellen also noted that cooling wage growth does not threaten to...
