Tag: stores
Mobile technology rides in to save convenience stores
GameStop’s crypto era brings FTX gift cards to its video game stores
GameStop is doubling down on crypto, and as part of its growing expansion into blockchain technologies, it announced a new partnership with crypto exchange FTX on Wednesday.
The two companies haven’t spelled out too many details about what the partnership will actually mean, but they did share a few tidbits. According to a press release, “the partnership is intended to introduce more GameStop customers to FTX’s community and its marketplaces for digital assets.”
One concrete aspect of the partnership is that GameStop will start carrying FTX gift cards in “select stores.” GameStop is also FTX’s “preferred retail partner” in the US, which could suggest that FTX will sell other sorts of…
Walmart announces $75m change to stores with departments expanding but it’s bad news for shoppers who hate self-checkout
WALMART will be remodeling its stores for a whopping $75 million as departments expand, but shoppers who hate self-checkout won’t be as thrilled.
The remodeling projects include expanding Walmart’s pickup, delivery, and express delivery services.
Walmart is spending $75 million on a new remodeling project they hope to achieve by the end of Autumn[/caption]
The pickup, delivery, and express delivery services will be expanded as well as the self-checkout stations[/caption]
The express service delivers your groceries to your home in only two hours compared to other grocery delivery services.
Twelve stores across West Central Ohio will undergo remodeling projects, which Walmart hopes to complete by the end of autumn.
The stores will get a fresh look with new paint, signage, lighting, and flooring.
Bathrooms and nursing rooms as well as the Vision Center will be updated and departments will expand such as offering summer merchandise year-round.
Walmart will also be expanding its self-checkout stations, which customers may love or hate.
Read more on self-scan horror
While self-checkout can be more efficient, the machines could lead to more trouble than they are worth.
A counselor from Arizona said Walmart, specifically, has been linked to bad customer service when it comes to self-checkout monitoring.
Sandra Barger exclusively told The U.S. Sun that “there was one particular Walmart here in Tucson that I was getting a lot of clients [from] … it’s averaging two to three a week.”
These clients were getting charged with petty theft, even when they didn’t mean to steal anything.
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Barger heard the same story over and over again – “they forgot to scan something very small,” she said.
The counselor believes some stores should do a better job at monitoring and helping their shoppers at self-checkout, so shoppers don’t get into this mess.
Walmart previously told The U.S. Sun: “Addressing store theft is a challenge for every retailer, including Walmart. To help, we’re continually investing in people, programs and technology for stores combating this problem.
“Should customers have questions or difficulty using our self-checkout registers, we encourage them to ask for assistance from our associates managing that area.”
When talking about the store remodeling, a Walmart spokesperson told the Dayton Daily News that projects are moving quickly.
Jessica Villanueva, a Walmart regional general manager told the outlet:
“These stores serve a substantial number of rural communities, so whether someone is shopping in-store, online, through mobile or Pick Up, our brick-and-mortar stores play an important role in fulfilling those orders.
“These investments will make it easier for our stores and associates to get customers what they want, when they want it.”
Walmart is hoping that these projects won’t disturb customers too much while the stores are under construction.
Felicia McCranie, director of corporate affairs and global communications at Walmart, told the outlet:
“We know some disruptions are impossible to avoid when remodeling a store, but we do our best to reduce or eliminate customer friction as much as possible,
“Including temporary directional signing, relocation of services, and extra associates working the floor to direct customers.”
Wine retailer offers year’s supply to customers who help them find perfect locations for new stores
Burlington Stores Inc. (BURL) Q2 2022 Earnings Call Transcript
Burlington Stores Inc. (NYSE: BURL) Q2 2022 earnings call dated Aug. 25, 2022 Corporate Participants: David Glick — Senior Vice President of Investor Relations and Treasurer Michael O’Sullivan — Chief Executive Officer John Crimmins — Executive […]
The post Burlington Stores Inc. (BURL) Q2 2022 Earnings Call Transcript first appeared on AlphaStreet.
Anxious time for farmers forced to use winter stores in drought
Channel stores are officially the hottest new thing in streaming
YouTube is building a system that would allow users to subscribe to streaming services through the YouTube app, The Wall Street Journal reported, and could launch the so-called “channel store” as early as this fall. The Journal’s report didn’t say which services might be part of the store, only that YouTube has been talking with various entertainment companies.
A channel store makes perfect sense for YouTube, and it’s been a long time in the works: The Information reported on a similar plan way back in early 2020. More recently, the company has been signaling this is coming: “I think whether content is distributed in a bundle, or where over time we explore other ways of distributing it, I think YouTube can be a great partner there,”…
Peloton gears up to hike prices, lay off 800 employees, and shutter stores
Peloton CEO Barry McCarthy had his job cut out for him when he took over the helm in February as the company laid off 2,800 employees. Now, roughly six months later, McCarthy has sent out a memo to staffers warning the company plans to eliminate an additional 784 jobs in a third round of layoffs, reports Bloomberg. Peloton will also increase the prices of the Bike Plus and Tread, while shuttering retail showrooms starting in 2023.
Peloton spokesperson Ben Boyd confirmed the news in a statement to The Verge, writing:
“Peloton, today, took several steps to further advance our transformation strategy, better positioning the company for long term success as the largest, global Connected Fitness company. The moves we made include, the…
2D Souls-like Moonscars slashes into stores in September
Pixel art Souls-like Moonscars has announced that it’ll be releasing on September 27th. Protagonist Grey Irma will set off into a gorgeous world to search for the sculptor who made her and find answers to her existence. And also to absolutely whack some monsters with a gigantic sword along the way.