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Retail
Walmart Adds New Gift Shopping Features

This holiday season, Walmart has added new features to make online shopping easier for gift givers, the company announced, including new categories in the Gift Finder tool, new ways to inform customers which items can be sent as a gift and a new eGift Card feature in the Walmart app.

Retail
Mastercard: Cash Isn’t King Any Longer

In a global Mastercard study conducted in 15 markets around the world, consumers demonstrated that they are moving away from cash and opting for contact-free and digital payments experiences, and they may not go back to old habits even after the COVID-19 pandemic wanes.

Retail
Coronavirus Threatens Stein Mart Survival

As it filed its annual 10-K report with the United States Securities and Exchange Commission on June 15, Stein Mart executives warned that the company might not be able to continue operations due to pressures related to the COVID-19 pandemic.

Retail
Deloitte: Seven Trends Will Drive Retail Change

The new Deloitte report “The future is coming … but still one day at a time,” analyzes market trends that led the consulting firm to identify seven trends that will affect retailers and the vendors who support them as the market emerges from the coronavirus crisis.

Retail
Walmart Taps Shopify For Marketplace Move

As online shopping becomes a more integral part of consumer lives, Walmart is working with e-commerce platform Shopify in an initiative that will provide small- and mid-sized businesses access to its online marketplace.

Retail
A.C. Moore E-Com Launch Builds From Customer Demand

A.C. Moore Arts and Crafts has adopted e-commerce in an initiative that builds on a company-wide restructuring effort, with the online element meant to serve “a new generation of digitally empowered consumers,” company president Anthony Piperno told HomeWorldBusiness.com

Retail
Deloitte: Retail Changing But Strong

According to the Deloitte annual retail, wholesale and distribution outlook, stores and human employees remain core to retail sector growth, although an omnichannel environment requires new business models and human capital modernization to maintain profitability.

Retail
Survey: Tech-Wary Shoppers Shift Online For Holidays

A survey from IFTTT, which provides software that facilitates the use of services, indicated that 58% of consumers in the U.S. change their shopping preferences during the holiday season, with the majority shifting to shop online more toward the end of the year.

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