Costco will raise its annual membership fees in the United States and Canada for the first time in seven years. Effective Sept. 1, in those...
Nike continued its shift from direct-to-consumer (D2C) to wholesale channels over the past three months. During the quarter ended May 31, the footwear, apparel and...
Sam’s Club said its artificial intelligence (AI)-powered exit scanners are now in 120 stores. The technology, first announced in January, eliminates the practice of having...
The Bank of England is studying the use of new technologies to enhance both retail and wholesale payments functionality. While the central bank has been focused on...
U.S. wholesale inventories rose 0.5% in February compared with January. When compared with February 2023, these total inventories declined 1.5%, the U.S. Census Bureau said in a...
Shopify has teamed with B2B retail marketplace Faire, naming that company its “recommended wholesale marketplace.” The partnership also makes Shopify a shareholder in Faire, the companies announced...
Costco is taking a page from Netflix’s book, cracking down on membership sharing, but the wholesaler may be overlooking a key difference between its membership...
Nike has been steadfast in its commitment to direct-to-consumer (D2C) efforts since 2017, which led to a reduction in its retail partnerships. However, the sportswear...
New needs and emergent market realities are a driving force behind the evolution of payments. Nowhere is that truer than across business-to-business (B2B) transactions, where...