May 28, 2024
Report: India’s Adani Exploring eCommerce and Payments Business
Indian conglomerate Adani is reportedly in discussions to enter the eCommerce and payments space. The company is considering applying for a license to take part in India’s Unified Payments Interface...
May 28, 2024
PayPal Building Ad Business Based on User Data
PayPal is developing an advertising sales business built on its user data. The payments giant would create this ad network using data from user purchases as well as wider spending...
May 27, 2024
Memorial Day Kicks Off Summer of the US Consumer
In 1967, it was the Summer of Love. In 2020, it was the summer of COVID-19. When summer 2024 goes in the books — from an economic perspective anyway —...
May 27, 2024
Walmart and Amazon Lead Retail’s Biggest Moments of 2024
As we approach the middle of the year, here are five of the major ways that the retail landscape has changed in 2024 so far. Amazon Pivots on ‘Just Walk...
May 25, 2024
Retailers Heat Up Memorial Day With Holiday Deals and Pop-Ups
This Memorial Day, in addition to the usual round of holiday weekend sales, many retailers are getting more targeted about how they can insert their products into shoppers’ summer celebrations....
May 24, 2024
Capital One and Walmart End Exclusive Credit Card Agreement
Capital One will no longer be the exclusive issuer of Walmart Consumer Credit Cards. The two companies announced Friday (May 24) in a joint press release that they ended their agreement. They introduced the Capital One...
May 24, 2024
Google to Invest in Flipkart, Help Modernize Digital Infrastructure
Google plans to invest in Indian digital commerce company Flipkart. The move will make Google a minority investor in Flipkart’s latest funding round, which is led by Walmart, Flipkart said in a Friday (May...
May 24, 2024
Walmart Takes Amazon Battle Into New Virtual Spaces
As Walmart and Amazon compete to win younger shoppers’ retail spending, the former is looking to capture Gen Z’s imaginations with new digital experiences to secure their engagement and loyalty....
May 23, 2024
Ross Stores COO: Shoppers’ Cost-Cutting Behaviors Fuel Off-Priced Retail Growth
With consumers cutting back on discretionary spending while trading down to value-focused merchants, Ross Stores is seeing these belt-tightening behaviors prove to be a mixed bag. The company, which operates...
