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Amazon And Walmart’s Battle For Consumer Retail Spend

PYMNTS

But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. percent of total consumer spending in Q2 (spanning all categories, including retail) and 9 percent of total retail spending. billion to $110.5

Retail 249
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PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

PYMNTS

Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. Retailers] are seeing double-digit higher conversion rates when an extended warranty is shown – not on the extended warranty, but conversion rates on the product itself,” Levin said.

Online 334
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Could TJX, Other Offline Retailers Regret Their eCommerce Abandonment?

PYMNTS

It seems like a year ago, but it was actually only March 8 when discount retailer Burlington announced that it was abandoning its admittedly watered-down eCommerce offering. On one hand, the best way to get people in stores and avoid the fate of other brick-and-mortar retailers was to make online sales the only option.

Retail 164
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Saving Main Street: Running Retailers Take The Baton

PYMNTS

Schalow and his members are upbeat about their prospects for the sport and for independent retailers as they reopen. The first is the general commitment to exercise as seen through the soaring success of Peloton. At that time (mid-March), the independent running retailers were deemed nonessential and therefore closed.

Maine 130
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Nordstrom Hits Online Sales Plateau

PYMNTS

Anyone who has really tried to get themselves in shape has heard of the plateau – it’s that phase when your current exercises just don’t seem to be working as much as they used to, and even though you’re sticking to a schedule, you’re not getting any stronger. Case in point of the plateau: despite increasing 19.8

Online 100
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Shift Happens: Online Car Company Manages Crisis With Class

PYMNTS

The online car selling platform’s March town hall meeting was supposed to be a victory lap to celebrate February, which was the most successful month in the company’s five-year history. The other is a straight online purchase , in which the car is delivered from the hub to the buyer for a test drive. ”

Online 131
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Fleet Feet: Running Shoe Retailer Sprints With Technology

PYMNTS

Americans are exercising through the pandemic. The pandemic seems to have had a strong positive impact on participation in the entire sport of running,” Fleet Feet’s Director of Retail Experience Matt Werder told PYMNTS. While stores were closed, Fleet Feet saw tremendous growth in its online business.