Walmart to acquire robotic e-grocery fulfillment technologies providerWalmart is taking a big step forward in its efforts to automatically fill online orders from its stores. Retailers welcome new debit card regulationsThe nation’s retail groups are applauding a move by the Federal Reserve that will help level the payment processing field for online and in-store transactions. KPMG: Holiday shoppers to spend more this year due to inflation; top 3 concerns are … Shoppers’ average holiday spending will be higher this year than last but it won’t be enough to dent the impact of inflation. Elon Musk will acquire Twitter for $44 billion, hints at ‘everything app’ The world’s wealthiest person is returning to a planned $44 billion purchase of Twitter, with motives including developing a mysterious app called “X.” Secondhand fashion marketplace Poshmark acquired in billion dollar deal Poshmark has agreed to be acquired in a deal valued at approximately $1.2 billion. Survey: Struggling consumers seek to reduce spending Even affluent consumers are finding ways to cut costs as inflation takes its toll on shopping behavior. NRF: Consumers still spending; a recession would likely be ‘mild’ Concerns about high inflation and the Federal Reserve interest rate hikes intended to bring it under control, haven’t stopped consumers from spending. Rite Aid Q2 loss widens; execs discuss shoplifting problems in NYC Rite Aid posted weak results for its second quarter. Consumer confidence rises to five month high U.S. consumer confidence rose in September for the second consecutive month amid lowering gas prices and a healthy job market. Amazon expands program to loan small sellers up to $250,000 Amazon is moving its Amazon Community Lending initiative out of pilot stage. Study reveals where consumers will reduce spending A new survey reveals where consumers plan to cut back their spending in the coming months. Bed Bath & Beyond in big Q2 loss as revenue falls 28% Bed Bath & Beyond’s struggles continued in its second quarter as the company’s loss widened significantly and sales fell. First Previous 165 166 167 168 169 Next Last
