News

Placer.ai: Convenience-stores driving massive traffic
Convenience stores have evidently captured consumers’ hearts, as visits nationwide have increased more than 60% over the past four and a half years.
U.S. consumer spending remains strong in July — but not in all categories
Consumers continued to show their resilience in July.

Coach parent Q4 earnings, revenue miss amid softer U.S. demand

Tapestry reported weaker-than-expected fourth-quarter earnings and revenue days after it announced a big acquisition.
Walmart leveraged Roku for curated celebrity campaign

Walmart offered shopping carts and playlists curated by celebrities in a promotion on a major streaming TV platform.
Petco upgrades app, expands online delivery partnership

Petco Health and Wellness Company Inc. is updating its mobile app and offering national delivery via a well-known third-party platform.
Report: New owners of BuyBuy Baby and Harmon plot store returns

Two bankrupt brands whose stores have all gone dark may yet live to see another day in brick-and-mortar — one in a big way.
Waffle House enables contactless payment, unifies store data

A fast-casual breakfast chain is overhauling its store operations.
Walmart runs strong in Q2, fueled by surging grocery, online sales

Walmart blew past Street expectations and raised its full-year outlook for the second consecutive quarter as it continued to win over shoppers —both in-store and online.
Amazon extends reach of Sponsored Products ads

Amazon is making cost-per-click ad campaigns on its site available on a number of new apps and websites.
Executive leadership changes at Walmart

The upcoming departure of a Walmart veteran has set in motion several other leadership changes.
The secrets of running the nation’s largest mall emerge in a podcast series

Mall of America’s “So Much More” program debuts on Spotify, Apple Podcast, and Google
Souvenir sardines swim among Hershey and M&M’s on Times Square

A colorful import from Portugal has dropped anchor in Times Square.