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...
America’s relationship with Canada is causing pain for companies on this side of the border. As Reuters reported Monday (March 31), a growing “Buy Canadian” movement is hurting U.S. consumer goods companies that had depended on selling their products in stores in Canada. The report cites the...
GameStop said it expects to close a “significant number” of stores in fiscal 2025 after closing 970 stores in fiscal 2024. The plan is part of the retail gaming destination’s ongoing evaluation of its international assets and operations aimed at achieving sustained profitability, GameStop said...
Amazon is rolling out a feature to connect consumers to more of the goods they like. Artificial intelligence-powered Interests provides shopping guidance and product recommendations, according to a Tuesday (March 25) press release. “With Interests, you can create personalized shopping prompts tailored to your interests,...
Petco is working to enhance the omnichannel capabilities and digital experience it offers customers as part of “Phase 2” of its effort to reinvent its brand and position itself to regain market share. The pet health and wellness chain began this phased process six months...
A decade after acquiring Family Dollar for more than $8 billion, Dollar Tree is selling the chain. A pair of private equity groups will acquire Family Dollar for $1 billion, according to a Wednesday (March 26) press release. The deal comes 16 months after Dollar...
While the narrative of Amazon’s ascendance in discretionary spending and Walmart’s grip on grocery sales dominates the retail conversation, a closer examination of the latest PYMNTS Intelligence report, “Tale of Two Shoppers: Amazon for Discretionary Spending, Walmart for Groceries and Basics,” reveals nuanced shifts in...