September 01, 2023
Walmart and Amazon Streamline Staff in Cost-Cutting, Automation Efforts
Despite Walmart’s better-than-expected earnings results, Reuters reported earlier this week that the mega-retailer is asking 16,000 pharmacists nationwide to voluntarily cut hours in an effort to conserve margins. According to...
August 31, 2023
Retail Earnings Reports Signal Shopper Hesitancy Going Into Holiday Shopping...
Merchants focused on nonessentials are restrategizing as shoppers predict a long way until inflation’s end. Recent earnings released by retailers may reflect consumers’ true attitudes toward the near-future economic landscape,...
August 31, 2023
Nibblers Beware: Antitrust on Site
The DOJ and FTC have shown renewed interest in probing the potential anticompetitive effects of a series of acquisitions by an individual company. Once a focus of judicial attention, as...
August 30, 2023
Restaurants Harness Ghost Kitchen Learnings to Boost Omnichannel Performance
Restaurant chain Dog Haus has become the latest brand to tap expertise from the ghost kitchen world to give the brand the competitive edge in today’s rapidly evolving restaurant industry....
August 30, 2023
GoodRx Unveils New Tool to Check Patient Coverage
GoodRx says it wants to offer health professionals greater insights into their patients’ insurance coverage. The digital prescription platform on Wednesday (Aug. 30) announced the debut of “real-time benefit check” for its...
August 29, 2023
JPMorgan Boosts Investment in Brazil’s C6 Bank
J.P. Morgan Chase & Co. has boosted its stake in Brazilian digital bank C6 Bank from 40% to 46%. The financial terms of the deal were not disclosed, Reuters reported Tuesday (Aug. 29), citing...
August 28, 2023
Amazon Private Label Pullback May Not Be What It Seems
As inflation ebbs, shoppers continue to trade down while cautiously increasing their spending. Many consumers have had to drastically change their shopping behavior to stretch their household budget further since...
August 25, 2023
Grocers Have Opportunity to Cross-Sell eCommerce Customers on Restaurant Meals
As consumers increasingly turn to digital channels to get their grocery needs met, merchants have the opportunity to drive additional sales if they can integrate restaurant ordering into their eCommerce platforms. By...
August 25, 2023
Burlington Finds Product Assortment Resonates With Off-Price Consumer Demographic
Cash-crunched consumers looking for deals on off-price brands helped propel Burlington Stores to an almost double-digit sales increase, the company said Thursday (Aug. 24). Burlington Stores revealed that its fiscal...
