News
Bipartisan Senate effort introduces bill for cash payment choice
June 30, 2022
U.S. Senators Bob Menedez (D-New Jersey) and Kevin Cramer (R-North Dakota) have reintroduced the Payment Choice Act, which would ensure retail organizations…
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Amazon celebrating 10 years of robotic innovation
June 30, 2022
Amazon has launched more than 520,000 robotic drive units in fulfillment and sort centers during its decade of robotic innovation.
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Amazon names Doug Herrington as worldwide store boss
June 30, 2022
Doug Herrington is now CEO of Worldwide Amazon Stores following the departure of Amazon's tenured operations leader Dave Clark, who headed up warehousing and…
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Prize winning socks from a vending machine
June 30, 2022
Koryo, Japan is proud of its socks. So much that prize winning socks are now available in eight public buildings, according to a report in The Mainichi.
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Bed Bath & Beyond chief leaves amid deepening sales loss
June 29, 2022
Bed Bath & Beyond CEO Mark Tritton has left his role and a Q1 earnings report reveals the retailer missed analysts' earnings and sales expectations.
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H&M shutters Shanghai store
June 29, 2022
Clothing and accessories retailer H&M has closed its flagship store in Shanghai, China due to decreased consumer demand as well as COVID-19 impacts and a…
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Pinterest CEO steps down, Google commerce leader stepping in
June 29, 2022
Pinterest CEO Ben Silbermann is leaving his post and Google commerce leader Bill Ready is stepping in to lead the social media platform.
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Food, beverage retailers tapping Walmart GoLocal delivery service
June 29, 2022
Independent beverage and food services now have access to same-day and next-day delivery options via Local Express and Walmart GoLocal, the retailer's…
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Consumer sentiment dips to record low
June 29, 2022
Consumer sentiment in June fell to 50.0 from 55.2 in May due to increasing fear of an economic slowdown and high inflation taking place.
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Back to school OOH catching more consumer attention
June 28, 2022
More than half, 68%, of back to school shoppers will be looking for OOH ads regarding special sales and deals as they make buying decisions this summer…
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Convenience, affordability key factors in back-to-school shopping
June 28, 2022
When it comes to back-to-school shopping, this year consumers will be focusing on convenience and affordability, according to an LTK shopping trends report.
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The Drop at Westfield digital screen debuts at shopping centers
June 28, 2022
Unibail-Rodamco-Westfield, a non-residential real estate developer, launched a digital screen platform, The Drop at Westfield, to highlight, engage and amplify…
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Big growth forecast for back-to-school sales
June 27, 2022
Back-to-school sales, in the U.S., is projected to grow 7.5% this year, not including automotive, compared to the same time frame in 2021.
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Bank of America study finds 9% jump in credit, debit card spending
June 27, 2022
The Bank of America Institute is reporting that aggregated credit and debit card spending for customers was up 9% in May year-over-year, according to its…
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Ripple, Lunu partner to provide cryptocurrency payment to high-end retailers
June 27, 2022
Lunu, a German-based technology company for retail, has partnered with Ripple, a blockchain and cryptocurrency solutions provider, to allow luxury retailers to…
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Broadsign, Cartology teamup to upgrade Woolworth's retail media network
June 24, 2022
Cartology, a retail media business based in Australia, powered by Woolworths Group, and out-of-home ad tech producer Broadsign have partnered to enhance…
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Retail sales took a dip in May
June 24, 2022
Inflation, pricier gas and increasing interest rates impacting car and home purchases all contributed to a decline in American retail spend in May.
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Amazon U.S. drones taking off this year
June 24, 2022
Amazon is launching drone delivery in California, marking the retailer's first drone debut in the U.S.
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Blackhawk Network, LibertyX partner to enable bitcoin purchases
June 23, 2022
Blackhawk Network, a payments solutions provider, has partnered with LibertyX to allow customer to purchase bitcoin at participating merchants such as Tops…
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Amazon Prime Day happening July 12-13
June 23, 2022
Amazon's annual sales extravaganza, Prime Day, will take place July 12 - July 13 and the e-commerce giant is planning to launch the event for the first time in…
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