Walmart’s warehouse club business, Sam’s Club, reportedly plans to open 15 stores per year, saying its ability to save customers money is even more relevant in uncertain times. The retailer’s plan for new stores marks an acceleration, as it said two years ago that it...
New tariffs on low-value packages from China could hinder the plans of Shein and Temu. As the Financial Times (FT) reported Wednesday (April 9), the White House has upped duties on those packages to 90% of their value, or a flat fee of $75 that would increase...
Levi Strauss & Co. said it saw better-than-expected financial results in the first quarter as it continued to increase its focus on the direct-to-consumer (D2C) business. At the end of the quarter, the D2C business accounted for 52% of the apparel company’s total global net...
Best Buy has debuted a platform that lets creators and influencers collaborate with the retailer. The company announced its Best Buy Creator program Tuesday (April 8) in conjunction with Best Buy Storefronts, a “curated shopping experience” where customers can shop tech from their favorite influencers and creators. “Storefronts...
Inventory keeps retailers in business. Inventory keeps consumers loyal to their preferred to merchants. Inventory makes impulse buying possible and keeps sales flowing. Inventory has also, for a long time, been a bit of a hit-or-miss proposition — merchants might have too much stock on...
For retailers and merchants, payments are no longer just a “check the box” exercise. As the world evolves and shopper expectations continue to mature, businesses are increasingly relying on payment processors and merchant acquirers, not only for the bread-and-butter services of transaction processing but also...
As global economic conditions grow increasingly complex, major retail players like Walmart and Amazon are making strategic moves to secure their footholds and expand their influence. From navigating supplier negotiations to forging partnerships and exploring new technological frontiers, the marketplace’s largest retail and eCommerce companies...
GoodRx has launched an eCommerce experience for retail pharmacies in collaboration with grocery chain Hy-Vee. With this new tool, announced Thursday (April 3), GoodRx will check inventories when a consumer searches for medication, determining whether it’s available at the pharmacy and can be purchased online. The company will then...
PayPal is bringing its PayPal Ads program to the United Kingdom. The solution, first introduced last year in the United States, lets brands and merchants show personalized ads to interested consumers based on previous purchases, according to a Wednesday (April 2) press release. “Commerce and...
