Sun.Jul 07, 2024

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Sam’s Club Makes Controversial Membership Policy Changes

RetailWire

Sam's Club has quietly implemented a policy that requires shoppers to pay extra for access during designated hours, a revelation that sparked discussions among concerned consumers across various social platforms.

Consumer 119
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Payment Processing Fuels Shopify Earnings

Practical eCommerce

Shopify's growth continues, with Q1 2024 revenue up 23% from the prior year, mainly owing to Shopify Payments. The post Payment Processing Fuels Shopify Earnings appeared first on Practical Ecommerce.

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Trader Joe’s Receipt Goes Viral

RetailWire

A Trader Joe's receipt from a California family has sparked a viral discussion on social media about grocery costs and shopping choices for large families who are on a budget.

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Bitcoin Faces New Challenges Amid Financial Turbulence

RetailWire

Federal Reserve Chair Jerome Powell has indicated an important time is coming for bitcoin. This prediction is based on how the U.S. budget deficit is projected to reach a whopping $1.9 trillion.

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The Trends You Need to Succeed This Holiday Season

October Prime Day is usually an early sign of how consumer spending trends ahead of the holidays. This one was no exception. Our October Prime Day Report breaks down what’s working: the products flying off the shelves, the categories winning big, big brands, and the search terms defining demand. All brought to you via Similarweb’s Shopper Intelligence platform.

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Amtrak Service is Restored to New York and Boston

RetailWire

Amtrak has successfully restored service between New York and Boston following a temporary suspension caused by a power outage, the rail service announced over the weekend. The disruption stemmed from a faulty circuit breaker affecting tracks between Union Station in New Haven, Connecticut and Penn Station in New York. Amtrak later identified a lightning strike as the root cause of the outage.

Travel 105
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SK On Faces Emergency with Sluggish EV Sales

RetailWire

South Korean EV battery manufacturer SK On is grappling with a critical situation due to weak electric vehicle sales in Europe and the United States. In response to these challenges, Chief Executive Lee Seok-hee has made and outlined plans for significant cost-cutting measures as part of an "emergency management" strategy, according to a letter addressed to the company's employees.