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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
Walmart Recruits Holiday Help, Sets Web Offensive

In a new initiative, Walmart is marching into the year’s-end season with an army of Holiday Helpers who will work with customers in the checkout line, the retailer announced, even as it boosts the volume of products available through its pickup service, launches a multitude of rollbacks to supplement every day low prices and adds millions of items to Walmart.com.

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