CVS Strikes Back At Amazon, Plus Dunkin’ Donuts Dips Deep On Discounts And 2017 Is Worse Than 2008 For Store Closings.
 
 
 
 
 
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October 27, 2017
 
 
 
 
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Prime And Alexa Scores, Amazon Stock Soars
 
A big bump in North American sales, combined with a stronger than expected result from AWS, pushed Amazon's results into surprisingly strong territory for the approaching holiday season. Alexa and its expanding ecosystem also got its share of shout-outs — and the market was happy with the Q4 guidance for what’s next. Investors rewarded Amazon with a stock price that shot north of $1,000 a share, as after-hours trading kicked into high gear. We have the five need-to-know stats.
 
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  The Frightful Five
 
 
 
The Frightful Five: Facebook And Google Join The 'Pay' Club
 

Amazon, Apple, Facebook, Google and Microsoft: Together, these tech giants are the Frightful Five, and they’re always up to something. From Amazon headquarters suitors and the iPhone X to Facebook and Google payments and Microsoft’s attempt at a smart speaker, we bring you each company’s top stories of the week — just in case you missed them.  Read More...

 
  PYMNTS Checkout Conversion Index
 
 
 
Things To Know: How To Avoid Abandoned eCommerce Carts
 

Online retail grew by 15.6 percent in 2016, and, according to Deloitte research, more holiday purchases are going to be made on the internet than in-store in 2017. With that in mind, merchants need to make sure their marketplaces are equipped to take consumers all the way from product selection to completed transaction as smoothly as possible. According to findings from the most recent PYMNTS Checkout Conversion Index, there are a few checkout friction points that savvy merchants will want to minimize, especially to avoid losing as many as 40 percent of customers between “add to cart” and a finished purchase.   Read More...

 
  Holiday Commerce
 
 
 
Halloween 2017: Costume And eCommerce Trends
 

Halloween spending is predicted to break records this year, and, regardless of whether a retailer is an online mainstay or a brick-and-mortar pop-up, merchants everywhere are looking for a slice of the holiday pie. So, which costumes are trending among Halloween shoppers, and where are they buying them? Luckily, there’s a wealth of data describing seasonal trends from Portland, Maine, to Portland, Oregon, and online retail looks like it’s winning bigRead More...

 
  What's Hot Today in Retail
 
 
- CVS Announces Surprise Acquisition Of Aetna
 
- Dunkin Donuts Bets On Discounts In Breakfast Battle
 
- Nordstrom Turns To Discount Division As Traffic Wanes
 
- 2017 Breaks Record For Most Store Closings
 
- Robots On The Way To 40 Walmart Locations
 
- Amazon Preps To Sell RX Online
 
- Volkswagen Launches HeyCar, An Online Platform For Used Car Sales
 
- eBay Sets Up Visual Search For Online Shopping
 
 
  Best of PYMNTS.com  
 
- Apple iPhone X Is Officially For Sale (And A Little Sold Out)
 
- Facebook Gets Into The Used Car Sales Business
 
- TRENDING: Are Smart Lights The Key To Creating Smart Cities?
Senate Votes To Strike Down CFPB Arbitration Rule
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