Sales/page/7 news and trends

Report: Half of Retailers Have Real-Time Data Deficit That Cost Them Sales
eCommerce // October 24, 2024

  “Data readiness” refers to an organization’s ability to collect, manage and use data effectively. It involves ensuring that the data is accurate, accessible, secure and in a format that supports business decision making. The value is clear. Analyzing the most current data can quicken...

Higher-Income Shoppers Twice as Likely to Look for Deals at Walmart+ Week Sale
Retail // August 26, 2024

As promotional events like Amazon Prime Days and Walmart+ Week escalate the rivalry between Walmart and Amazon, distinct consumer trends have emerged. A recent PYMNTS Intelligence Report, First Look: Walmart+ Week Draws High-Income Shoppers Looking for Deals, reveals high-income participants were 2.3 times more likely...

American Airlines CEO: Q2 Profits Plunge 46% Due to Failed Sales Strategy
Earnings // July 25, 2024

On Thursday (July 25), American Airlines announced a record second-quarter (Q2) revenue of $14.3 billion. However, net income plunged 46%, to $717 million, while a “bright spot” was its loyalty program. During the company’s earnings call, American Airlines CEO Robert Isom acknowledged the poor performance, pointing to a...

Bargain Hunters Fuel Amazon’s Prime Day Participation
Retail // July 17, 2024

With years of financial challenges compounding shoppers’ deal-seeking behaviors, Amazon and its competitors are seeing spiking demand for their summer deals events. Early reports suggest that Amazon Prime Day, the two-day event that began Tuesday (July 16), may already be outpacing last year’s performance by...

Interviews & Exclusives
Retail Brief: Walmart and Amazon Revamp Strategies for Black Friday and Cyber Monday

November 01, 2024
Walmart and Amazon are both ramping up their strategies for Black Friday and Cyber Monday, seeking to capture consumer interest during the holiday shopping season. Walmart’s Black Friday events will unfold in three phases. The first event begins online on Nov. 11  at noon ET for Walmart+ members, with general access at 5 p.m. ET, […]

Higher-Income Shoppers Twice as Likely to Look for Deals at Walmart+ Week Sale

August 26, 2024
As promotional events like Amazon Prime Days and Walmart+ Week escalate the rivalry between Walmart and Amazon, distinct consumer trends have emerged. A recent PYMNTS Intelligence Report, First Look: Walmart+...

Bargain Hunters Fuel Amazon’s Prime Day Participation

July 17, 2024
With years of financial challenges compounding shoppers’ deal-seeking behaviors, Amazon and its competitors are seeing spiking demand for their summer deals events. Early reports suggest that Amazon Prime Day, the...

2024 Is the Year Retail Gets Personal

January 03, 2024
Thanks to inflation’s starring role, 2023 featured major retail plot twists — consumers counted their pennies while brands and retailers did some serious soul-searching. This economic blockbuster forced many players...

Quick Reads
Food, Packaged Goods Firms Boost Promotions Amid Consumer Caution

July 07, 2024
After years of steady price increases, food and packaged goods manufacturers and retailers are reportedly offering more discounts in both the United States and Europe. In the U.S., in the 12 months ending in June, 28.6% of products were sold with promotions such as discounts, coupons and spending on special placement of the products in stores, […]

Apple Enjoys Comeback in China as iPhone Sales Jump 52%

May 28, 2024
Shipments of Apple’s iPhone climbed 52% in China last month following a wave of sales and markdowns. That’s according to a report Tuesday (May 28) by Bloomberg News, citing new...

Amazon Prime Days Move to Spring With First-Ever ‘Big Spring Sale’

March 14, 2024
Amazon is preparing to launch its first-ever “Big Spring Sale.” Scheduled for Wednesday through Monday (March 20-25), this event will offer customers in the United States deals on seasonal items like...

Apple iPhone Sales Trailing Historical Trends Amid Lower Upgrade Rates

November 21, 2023
Apple’s sales of iPhones are reportedly running lower than historical trends, while store inventories are up. Among the devices, there has been healthy demand for the iPhone 15 Pro and...