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The story of inflation, as told through your child’s backpack
Jamie Grill | Getty Images Back-to-school shopping hasn’t been easy this year for Lauren Cyr. The mother of three has searched for deals and spread out her shopping across multiple paychecks. Still, the 31-year-old sees higher price tags on everything from backpacks to paper — and the summer ritual is squeezing her family budget more […]
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Walmart is bringing ads to an aisle near you as retailers chase new money-makers
Walmart is turning more parts of its stores into advertising opportunities. For example, brands can buy a spot on its self-checkout screens. Walmart One of Walmart‘s latest offerings at its SuperCenters isn’t a hot new toy, snack flavor or sundress. It’s advertising. Shoppers will soon see more third-party ads on screens in Walmart self-checkout lanes […]
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The fight more than a monthly bill focusing on credit card charges pits payment companies towards merchants
Vital Points A bipartisan drive in Washington to clamp down on credit rating card charges is pitting stores like Walmart towards network payment processors these kinds of as Visa. Bipartisan assist for the Credit score Card Levels of competition Act has surged given that it was released past year. “It can be time to inject […]
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As Macy’s stock struggles, the retailer bets on private brands with more modern looks
Macy’s launch event for its new private brand, On 34th, also marked one of the first public appearances by Tony Spring (left) since he was named incoming CEO. Spring is CEO of the company’s higher-end department store chain, Bloomingdale’s. He will succeed Jeff Gennette (right) in February. Melissa Repko | CNBC NEW YORK — Macy’s, […]
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Retailers tap into Barbie’s sparkle and hot pink as they try to get thrifty consumers to spend
Bloomingdale’s is just one of the retailers and brands trying to tap into Barbie buzz. It has a pop-up with exclusive Barbie-inspired apparel and accessories, along with a life-sized Barbie box where shoppers can strike a pose. Bloomingdale’s NEW YORK CITY — In the middle of Manhattan, shoppers can step inside of a life-sized Barbie […]
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Amazon touts ‘biggest ever’ Prime Day as U.S. on line product sales surge to $12.7 billion
Workers retrieve bins at an Amazon fulfillment middle on Prime Day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021. Rachel Jessen | Bloomberg | Getty Pictures On the internet expending in the U.S. climbed 6.1% to $12.7 billion for the duration of Amazon‘s Prime Working day marketing, in accordance to Adobe Analytics, as […]
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Amazon’s Primary Day off to a robust start, early facts reveals
Amazon employees type packages for delivery in New York on July 12, 2022. Michael M. Santiago | Getty Images News | Getty Visuals Amazon‘s Prime Day is off to a strong begin, lifting 3rd-occasion sellers’ and other retailers’ on the internet revenue, early data displays. On Tuesday, the to start with day of Amazon’s 48-hour […]
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Student loan relief is gone for millions of Americans — here’s what it means for retailers
A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado. Brent Lewis | Denver Post | Getty Images By striking down student debt forgiveness Friday, the U.S. Supreme Court not only added a hefty expense back into millions of Americans’ budgets. It also created the latest challenge for retailers already […]
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Purchasing platform Shein poised to consider main U.S. current market share. UBS thinks these companies will be hurt most
Some big-title U.S. retailers could battle as Chinese e-commerce corporation Shein gains ground in the nation, UBS warned. Shein’s newest fundraising force place the business at a $66 billion valuation, according to a Wall Road Journal report. The Journal also documented that the Chinese rapidly-trend firm noticed $23 billion in earnings past 12 months with […]
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Starbucks union states employees at extra than 150 merchants will strike above Pride decor
Some organized Starbucks retailers will strike across the U.S. beginning Friday in Seattle after the coffee large and the union representing baristas publicly clashed around promises that the organization was not allowing for Satisfaction thirty day period decor in cafes. The union, Starbucks Staff United, explained additional than 150 suppliers symbolizing just about 3,500 personnel […]
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