| Walmart Crushes Q3 Earnings By Crushing Digital
Walmart âs strong Q3 earnings performance drove its stock price up, juiced the Dow to close to 187 points higher and had more than a few analysts eating a little bit of humble pie â admitting that they were a match for Amazon, after all. Same-store sales were well ahead of analyst predictions â so was the average basket size â and eCommerce sales spiked 50 percent. Walmart CEO Doug McMillon says the firm has "momentum" â and we have all of the details. Read More... |
| POS Financingâs Latest âSezzleâ
Small basket sizes need some alt credit love at the POS, too, says Sezzle CEO Charlie Youakim. Love, he says, in the form of a four-part installment loan that charges no interest to the consumer, requires no FICO score to get and makes money by charging a processing fee to the merchant. How, you ask, does this work? We have the details. Read More... |
| | Online Grocery Trends | | Allrecipesâ All-Amazon On-Demand Grocery Play
How many meals never get made because that one critical ingredient was missing? Amazon and Allrecipes.com have teamed up to solve that problem with an Amazon Fresh integration into its recipe platform, so that snagging that missing ingredient is as easy as a tap and pay (with Amazon, of course). Karen Webster talked to Corbin De Rubertis, VP & GM of Allrecipes parent firm Meredith Shopper Marketing, about the latest development in on-demand grocery, what it means for grocery stores and the opportunity it affords brands who want to reach buyers in a whole new way. Read More... |
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