PYMNTS

pymnts | November 10, 2017

Two weeks before Black Friday, Walmart is already preparing and hoping to get shoppers thinking that way as well. In a Thursday (Nov. 9) announcement, Walmart released news that its U.S. stores would be rolling out color-code in-store sections for various types of goods during the Black Friday crush of shoppers, Reuters reported....

pymnts | November 10, 2017

For any organization with an attitude of, “It can’t happen to me,” here’s a wakeup call: Corporate fraud is common and on the rise. Earlier this year, researchers at the Association for Financial Professionals found that instances of check fraud and Business Email Compromise scams increased between 2015 and 2017, with fraud originating both within and outside the enterprise....

pymnts | November 09, 2017

Target and Walmart proved that consumers are willing – indeed, eager – to buy their groceries where they are already shopping for clothing and other goods. But will they be as eager to buy clothing from their grocery stores? Kroger is banking on it. Shortly after announcing its data-driven Restock Kroger strategy, which aims to improve customer service and assortment at the sacrifice of physical expansion in a “spend smarter, not harder” approach, the grocer also announce...

pymnts | November 09, 2017

Amazon’s physical retail and fast delivery businesses are now under a single leader, company veteran Steve Kessel, according to Thursday reports from the Wall Street Journal. Kessel is a former lieutenant of Amazon CEO Jeff Bezos, who now finds himself responsible for Prime Now, AmazonFresh, Whole Foods Market and Amazon’s brick-and-mortar book and convenience stores....