Dollar General shares sank 7.5% Thursday after the dollar-store chain gave a disappointing profit outlook, thanks partly to its plan to increase spending on areas including self checkout. Here’s what its results say about the state of low-income shoppers and discount retail market.
IBM – aka ‘Big Blue’ – and Denver-based credit union service CULedger, are to collaborate to develop new blockchain-based services for credit unions that globally have some 260 million members and over $1.7 trillion in assets. Improving customer satisfaction and building greater trust are the goals.
Amazon, a thorn in the side of retailers from Walmart and Target, is facing increased competition on all fronts seeking to chip away its lead. Except the Seattle giant isn’t sitting still either. One example: its first fulfillment center, featuring hundreds of robots, inside New York City.