May 22, 2024
Amazon Ramps Up Logistics Expansion to Speed Delivery, Reduce Costs
Amazon is reportedly ramping up its logistics expansion efforts to compete with rivals such as Walmart, Shein and Temu. The company is focusing on acquiring industrial property and restructuring its distribution network...
May 22, 2024
Bargain-Hunting Shoppers Drive Price Wars Among Retailers
The retail industry is reportedly witnessing a fierce battle among major players as they compete for the attention of bargain-hunting shoppers. For example, Target’s recently announced price cuts on thousands of items...
May 22, 2024
TJX: Bargain Shoppers Want ‘Excitement’ From Their Retail Experiences
As consumers continue to spend cautiously, TJX is seeing bargain shoppers seek the surprise and delight of its stores’ luck-of-the-draw format, bringing joy in a financially stressful time. The off-price apparel and home...
May 22, 2024
Will Walmart and Target Price Cuts Inspire Other Retailers?
The past few days have seen two of America’s biggest retailers announce major price cuts. When Target this week said it was cutting prices on thousands of products, it was probably doing so...
May 22, 2024
Walmart Adds Pawp’s Telehealth Service for Pets to Membership Program
Walmart Adds Pawp’s Telehealth Service for Pets to Membership Subscribers to the Walmart+ membership program now have free, unlimited access to Pawp’s telehealth service for pet owners. Walmart’s introduction of...
May 22, 2024
Where Instant Payments Is Headed — and Why
Amid the hype about the FedNow® Service approaching its one-year mark, instant payments may finally be settling down into more grounded territory, specifically, liquidity, competitive advantage and the customer experience. Those factors were top...
May 21, 2024
Gen X Shoppers Cut Back on Groceries the Most Amid Inflation
As consumers rethink their spending on groceries amid inflation, PYMNTS Intelligence research reveals, Gen X shoppers are quicker to make changes to everything from what products they buy to where they are...
May 21, 2024
Walmart Debuts Expanded Versions of Neighborhood Market
Walmart has introduced an expanded take on its Neighborhood Market stores. The retail giant is in the midst of opening or converting more than 150 stores in the next five years, including...
May 20, 2024
Target Cuts Prices on Essentials Like Milk as Consumer Caution...
Target is reducing prices on essentials like milk and produce amid continued consumer caution. The retailer plans to lower prices on roughly 5,000 “frequently shopped items,” including milk, meat, bread, produce,...
