Retail News Brief

  • Scams, Social Engineering Dominate Consumer Payments Fraud

  • Stellantis To Launch ‘Muscle Trucks’ Including Ram Rumble Bee

  • Walmart Issues Muted Q1 Earnings Report

  • Memorial Day Weekend To See US Consumer Spend Almost $11 Billion Online

  • Pabst Pulls the Plug on Schlitz Premium


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Retail News Brief

  • Scams, Social Engineering Dominate Consumer Payments Fraud

  • Stellantis To Launch ‘Muscle Trucks’ Including Ram Rumble Bee

  • Walmart Issues Muted Q1 Earnings Report

  • Memorial Day Weekend To See US Consumer Spend Almost $11 Billion Online

  • Pabst Pulls the Plug on Schlitz Premium


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  • Scams, Social Engineering Dominate Consumer Payments Fraud

    Scams and social engineering tricks are now dominating the arena of consumer payment fraud, according to Visa. “Unlike traditional fraud, these attacks typically do not require breaching technology. Instead, scammers impersonate trusted brands and institutions, manufacture urgency and deceive victims into completing legitimate-looking transactions,” the report indicated (more).

  • Stellantis To Launch ‘Muscle Trucks’ Including Ram Rumble Bee

    Stellantis is planning to launch a lineup of “muscle trucks” headed by the Ram Rumble Bee. The top-end SRT Hellcat model comes with a 6.2-liter supercharged Hemi V-8 engine, pegged at 777 horsepower (more).

  • Walmart Issues Muted Q1 Earnings Report

    Walmart’s first-quarter earnings were described as “worse than expected” by reports detailing the release. EPS came in at $0.66 adjusted versus the same figure, and revenue at $177.75 billion against $174.98 billion anticipated (more).

  • Memorial Day Weekend To See US Consumer Spend Almost $11 Billion Online

    Memorial Day weekend could end up driving nearly $11 billion ($10.8 billion estimated) in e-commerce spend from U.S. consumers, per Adobe data. If this spend materializes, it would represent a significant 6% year-over-year increase in spending attached to the holiday (more).

  • Pabst Pulls the Plug on Schlitz Premium

    Pabst Brewing Co. has confirmed the discontinuation of its famous Schlitz Premium beer, marking the end of a 177-year run for Schlitz on the U.S. market. “Unfortunately, we have seen continued increases in our costs to store and ship certain products and have had to make the tough choice to place Schlitz Premium on hiatus,” Zac Nadile, Pabst head of brand strategy, said (more).

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