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Target plans to hire 100,000 employees for the holidays, staying at 2023 levels


Target plans to hire 100,000 employees for the holidays, staying at 2023 levels

Target says it plans to hire around 100,000 employees for the holiday shopping season. The retailer’s plans, announced on Monday (September 16), are in line with last year’s hiring numbers and come at a time when analysts expect a slightly slower pace of shopping in 2024. The positions are for Target’s stores and supply chains, […]

McDonald’s is reportedly experimenting with cashierless payment


McDonald’s is reportedly experimenting with cashierless payment

McDonald’s is reportedly launching a series of digital ordering stations that offer a cashier-free payment option. These stations – which will be introduced in some of the fast-food giant’s restaurants – will be able accept cash and give change so customers don’t have to go to the cash register, Bloomberg reported Wednesday (September 11), citing […]

Walmart and Amazon use restaurant discounts to boost memberships


Walmart and Amazon use restaurant discounts to boost memberships

In recent months, retail giants Walmart and Amazon have leveraged consumer demand for digital restaurant ordering to encourage use of their paid memberships by offering restaurant perks as an incentive for subscription. Walmart recently announced a deal with Burger King, its first Walmart+ partnership, that offers members of its paid retail subscription 25% off their […]

75% of companies still use paper checks despite high costs


75% of companies still use paper checks despite high costs

In today’s business environment, effective payment methods are crucial. Outdated payment systems can lead to liquidity problems. Digital payments provide optimized processing, improved operational efficiency and an enhanced customer experience. The PYMNTS Intelligence Report “Get paid: Digital payments to improve cash flow and customer experience” examined how digital payments are changing accounts receivable (AR) and […]

Walmart wants to boost growth in e-commerce


Walmart wants to boost growth in e-commerce

WalmartThe e-commerce business has grown in recent years. To take this growth to the next level and better compete with the competition, AmazonThe retail giant wants to expand its marketplace offering. The company announced on Tuesday (27 August) a series of updates to its offering for Third party providers. On his Walmart Marketplace Seller Summit […]

Digital transactions now account for 37% of Nordstrom’s total sales


Digital transactions now account for 37% of Nordstrom’s total sales

Digital sales are rising steadily Nordstromand shows a steady upward trend. During the Second quarter results In a conference call on Tuesday (Aug. 27), CEO Erik Nordstrom said digital sales rose 6.2% and now accounted for 37% of total sales, marking the fifth consecutive quarter of improvements. “As we have previously communicated, expanding the digital […]

Walmart expands fulfillment solutions for third-party sellers


Walmart expands fulfillment solutions for third-party sellers

Walmart has added new product categories, omnichannel experiences and fulfillment solutions to its third-party e-commerce platform, Walmart Marketplace. “We are bringing all the pieces together to be much more than just a marketplace and investing in new ways for sellers to serve customers as we grow together,” said Manish Joneja, senior vice president of Walmart […]

Credit card usage in US stores increases by almost 150%


Credit card usage in US stores increases by almost 150%

According to Zip, U.S. retail customers are increasingly using buy now, pay later (BNPL) options for in-store transactions. In a conference call with analysts on Monday (26 August) to discuss the Australian FinTech company’s financial results for the fourth quarter of fiscal 2024, CEO Cynthia Scott spoke about this change. “Our Americas business had a […]

Zip considers partnership with Apple amid increasing BNPL usage


Zip considers partnership with Apple amid increasing BNPL usage

Australian buy now, pay later (BNPL) company Zip is reportedly considering a partnership with Apple. This collaboration would integrate Zip’s installment plan offering with Apple in the US, CEO Cynthia Scott told the Wall Street Journal (WSJ). The company also plans to announce agreements with major US retailers this quarter, she added. “We don’t currently […]

Higher-income shoppers look for deals at the Walmart+ Week Sale


Higher-income shoppers look for deals at the Walmart+ Week Sale

As promotional events like Amazon Prime Days and Walmart+ Week intensify the rivalry between Walmart and Amazon, clear consumer trends have emerged. A recent PYMNTS Information Report titled “First Look: Walmart+ Week Draws High-Income Shoppers Looking for Deals” shows that high-income participants were 2.3 times more likely to purchase travel services and 1.5 times more […]