The The Biden administration The campaign against junk fees targets the catering sector. But as CNBC reported On Sunday (25 August) restaurateurs will try to avoid this fight. The report is based on data from National Restaurant Associationsaid that 15% of restaurant owners added surcharges or fees to bills last year due to higher costs. […]
Walmart Mexico new boss aims to double its sales despite strong competition in e-commerce. Ignacio Caridewho has worked for the online retailer for more than a decade Free market before becoming CEO of Walmart Mexico – or Walmex – he discussed his vision of the company on Sunday (25 August) in a interview at the […]
As Starbucks struggles with similar declines in sales, the coffeehouse giant is apparently asking itself: “Maybe the Pumpkin Spice Latte is the solution?” The brand announced this week that the drink will be available on Thursday (August 22), marking the earliest return of the fan favorite, in addition to other returning fall menu items and […]
As retailers compete for consumer favor, the coexistence of Amazon Prime day And Walmart+ Week highlights the evolving landscape of buyer loyalty. A recent PYMNTS Intelligence Report, “New data: Shoppers love Amazon Prime Day – but spend more during Walmart+ Week“” looks at how these two major sales events compare in terms of attendance and […]
Second-quarter earnings reports from Ross Stores, TJX Companies (parent company of TJ Maxx) and Target showed mixed results amid economic uncertainty and ongoing supply chain disruptions. While the three retailers have found their respective niches, they face unique obstacles that are reorienting their strategies. Ross Stores: A robust performance despite challenges Ross Stores reported strong […]
As the new school year approaches and parents shell out hundreds of dollars, retail giants Amazon and Walmart are vying to be shoppers’ first stop for their school-related needs. John Furner, president and CEO of Walmart’s U.S. business, spoke about the company’s back-to-school initiative and the early successes of that effort during Walmart’s earnings call […]
TelephonePe introduces an opportunity for Indian consumers to diversify their credit lines with the Unified payment interface (UPI) on its platform. Buyers can now make payments on PhonePe via Credit line on UPIso they can shop at millions of merchants, PhonePe said in a press release on Thursday (August 22). The function comes as Reserve […]
Walmart has partnered with Burger King in its latest attempt to expand its subscription program. The retail giant and fast-food chain have begun offering Walmart+ members what they say is a “first-of-its-kind dining benefit,” the companies said Thursday (August 22). Starting Thursday, Walmart+ members will receive 25% off every digital order at Burger King every […]
As summer sales events like Amazon Prime Day and Walmart+ Week capture consumers’ attention each year, a recent PYMNTS Intelligence report examines key insights into shopper behavior and sales trends. The report, “Shoppers flocked to Amazon Prime Day and Walmart+ Week for more than just discounts,” examines how consumers used these promotions, what they bought, […]
Apple Vice President Matt Fischer, who has led the App Store since 2010, will reportedly leave the company in October as part of its restructuring. Fischer is taking the step as part of a reorganization in response to changing global regulations, Bloomberg reported on Wednesday (August 21), citing unnamed sources. Apple did not immediately respond […]
