Retail

  • Retail Pulse: Kohl’s To Curate Brands With Facebook; Domino’s Rolls Out eBike Tie-Up

    August 16, 2019 Kohl'sBrick-and-mortar retailers are teaming up with social media platforms to curate labels for their stores and their websites. Kohl’s, for instance, will bring emerging brands to over 50 physical retail locations ...
  • Signing Onto The Subscription Model

    August 16, 2019 Signing Onto The Subscription ModelThe subscription eCommerce market is big business, growing at 300 percent over the past seven years. In the U.S., subscribers have signed onto roughly three services, up from 2.4 five years ...
  • Walmart Amazon Whole Paycheck Tracker: Physical Footprints, Grocery Gains

    August 16, 2019 grocery cartAs of the first day of August 1994 more people had walked on the surface of the moon than had bought things online, because online shopping did not yet exist. ...
  • Flywheel To Shutter Some Cycling Locations

    August 16, 2019 Flywheel To Shutter Some Cycling LocationsIn the latest reported sign that boutique fitness studios are struggling to keep pace with home exercise offerings, Flywheel Sports Inc. is shuttering over a quarter of its locations. The ...
  • Pasta Passes Sell Out At Olive Garden

    August 16, 2019 Pasta Passes Sell Out At Olive GardenWith fans of the restaurant chain looking to get an unlimited fix, Olive Garden‘s Never Ending Pasta Pass sold out in one second. All 24,000 passes were bought by customers, ...
  • Global Cross-Border Payments Expected To Grow, But Challenges Remain

    August 16, 2019 Global Cross-Border Payments Expected To GrowCross-border payments are expected to surge over the next few years as the economy becomes increasingly global and interconnected. These transactions reached $144 billion in value in 2014 and could ...
  • Visa On eCommerce’s First Quarter Century — And Next Inflection Point

    August 16, 2019 Visa inflection pointOn August 11th, 1994, Philadelphia’s Phil Brandenburger purchased a Sting album (“Ten Summoner’s Tales,” to be specific) with a Visa card, and changed the world forever.  A big feat for ...
  • iRobot On Cleaning Up Smart Home Security

    August 16, 2019 With more than 8.6 billion connected devices in use worldwide, the appetite for IoT is only growing, with the technology being put to use beyond consumer products. Cities around the ...
  • Citibank Sees Credit Card Charge Offs, Delinquency Rates Spike

    August 15, 2019 Citigroup reported that its July credit-card delinquency rate increased to 2.91 percent in July, up from 2.56 percent in June. The lender’s three-month average is 1.54 percent, with a net charge-off rate of ...
  • Carvana Opens Car Vending Machine In LA, Marking 20th In US

    August 15, 2019 Carvana car vending machineCarvana, the eCommerce platform for buying and selling used cars, opened its latest Car Vending Machine in the Westminster area of Los Angeles, the company announced today (Aug. 15) in ...
  • Prime Day, Grocery Delivery Boost Walmart’s Q2 Performance

    August 15, 2019 Walmart Q2 Earnings Beat Analysts' ExpectationsWalmart managed to come out ahead of analysts’ predictions across the board when it reported Q2 earnings earlier today (Aug. 15), with slight beats in earnings, revenue and same-store sales. “Customers ...
  • Alibaba’s Core Commerce Sales Gain 44 Pct.

    August 15, 2019 Alibaba’s Core Commerce Sales Gain 44 Pct.Alibaba posted results that topped expectations as eCommerce sales continued to surge by double-digit percentages, and the company made strides in tapping consumers in less developed areas of the country. The ...
  • Square Launches Order API

    August 15, 2019 Square Launches Orders API For DevelopersTo allow developers to build a solution that lets sellers send and manage orders online, in-person and in-app, Square has announced the availability of Orders API. Orders can be sent ...
  • Brewing Coffee Without The Bean

    August 15, 2019 Brewing Coffee Without The BeanAmericans love their daily cup of coffee. According to Reuters, 83 percent of Americans report drinking coffee, and around 64 percent consumer at least one cup per day. All in, the average ...
  • July Retail Sales Show Confident Consumer That Spends

    August 15, 2019 retailAfter a week of uncertainty pushed by lackluster results, particularly among department store retailers, along with uncertainty over U.S.-China trade relations, the markets got some good news in the form ...
  • Dairy-Free Snacks Get Their Subscription Box Moment

    August 15, 2019 Be Free Co subscription boxFamily can help inspire some entrepreneurs to start companies that serve consumers with specific dietary needs or preferences. Be Free Co. Founder Tasha Rickard, for instance, discovered that her children ...
  • Walmart Canada Expands Grocery Delivery

    August 15, 2019 Walmart CanadaTo deliver groceries to hundreds more communities across Canada, Walmart Canada and Instacart unveiled the national expansion of their relationship. It will bring grocery delivery services that are on-demand from ...
  • Researchers In Singapore Develop ‘Smart’ Attire

    August 15, 2019 runner wearing fitness trackerWith innovations in wearable technology, researchers in Singapore have created “smart” clothing. The textiles can save battery life and bolster signals on wireless devices like smartwatches and headphones, Reuters reported. John ...
  • Standard International Launches Recommendations App

    August 15, 2019 Standard International Launches Recommendations AppStandard International, which owns the Standard hotel chain as well as boutique properties on New York’s High Line and London’s King Cross, is launching a recommendations-based app. Described as “the first ...
  • Should Unstaffed Stores Be Shelved?

    August 15, 2019 Should Unstaffed Stores Be Shelved?Automation promises many benefits in retail, including the potential to reduce costs and improve the customer experience. Just because you can doesn’t mean you should, though. The July Automated Retail Tracker ...
  • Visa’s CyberSource On The Digital Payments Evolution

    August 15, 2019 The “online version of a payments terminal” was how the media portrayed Visa’s acquisition of CyberSource in 2010. Then, it was a very easy way to mentally place the online ...
  • Luckin Closes In On Starbucks With Nearly 3K China Stores

    August 14, 2019 Luckin Closes In On Starbucks In ChinaChinese coffee startup Luckin Coffee has announced it is on pace to become the biggest coffee company in China this year, according to reports. Luckin has opened 593 new stores in ...
  • Macy’s Lackluster Q2 Hints At Troubled Future For Department Stores

    August 14, 2019 Macy'sThere are earnings misses, and there are big earnings misses, and Macy’s spring quarter results Wednesday (Aug. 14) were far more a case of the latter than the former. Macy’s ...
  • Macy’s Bolsters Omnichannel Tech, Taps Into Subscriptions

    August 14, 2019 Macy’s Bolsters Omnichannel Tech, SubscriptionsWith its digital business delivering its 40th consecutive quarter of double-digit growth, Macy’s made progress on its 2019 strategic initiatives during the second quarter. The department store retailer bolstered its ...
  • Shopify Launches Chat

    August 14, 2019 Shopify Launches ChatThe 800,000-plus merchants on the Shopify platform can now talk to customers in real-time with Shopify Chat, VentureBeat reported on Wednesday (Aug. 15).  The free chat interface lets merchants and customers talk ...
  • Why The Future Of Social Media Might Be About Thinking Smaller 

    August 14, 2019 young woman with smartphoneThe world of social media can be a rough sea to sail in. There are plenty of pleasant corners of course — filled with family vacation photos, cats, how-to videos, ...
  • Boatsetter Notches $10M ‘Extension’ Funding Round

    August 14, 2019 Boatsetter Notches $10M 'Extension' FundingTo help it grow its business, boat rental firm Boatsetter has announced a $10 million Series A “extension” funding round. The investment was led by Valor Equity and WestCap Group, according ...
  • Retail Innovation Depends On Older Consumers, Too

    August 14, 2019 baby boomer couple shopping tabletYoungsters tend to get all the credit when it comes to being a force that drives retail innovation, and that’s fair enough. Their mobile habits, for instance, are fueling so ...
  • Taking Breakfast Cereal To Innovation ‘School’

    August 14, 2019 The Cereal SchoolSome entrepreneurs aim to reinvent food categories when they can’t find options to meet their nutritional needs. The Cereal School Co-founder Dylan Kaplan helped start the company after he and Helen ...
  • WeWork’s IPO Filing Details Steep Revenue, Loss Growth

    August 14, 2019 WeWith its next step toward a high-profile debut that could come as early as September, the parent company of WeWork unveiled its papers for an initial public offering (IPO). The ...
  • BoA: Amazon’s Prime Day Boosted Retail Sales In July

    August 14, 2019 A new report has revealed that Amazon’s Prime Day — along with promotions by other retailers — led to a boost in July retail sales. Michelle Meyer, Bank of America Merrill ...
  • More Than Pretty Pictures: Visual Commerce’s Rise Boosts Retail

    August 13, 2019 For fans of retail or marketing history — or just fans of how people communicated in the past — reading old magazine and newspaper advertisement from, say, before the 1960s ...
  • Mumbai Bus Operator To Test India’s National Transit Card

    August 13, 2019 Bus Operator To Test India’s Transit CardIndia’s One Nation One Card will be test-piloted with Mumbai bus operator BEST in November, NFCWorld reported on Tuesday (Aug. 13). The national transit card system uses a bank-issued card that ...
  • Domino’s Pizza Pedals Delivery Using Custom eBikes

    August 13, 2019 Domino's Pizza bike deliveryDomino’s Pizza is rolling out an eBike partnership to ensure food is delivered in the most efficient way possible, the company said in a press release on Tuesday (Aug. 13). Saying ...
  • Snap Unveils Third Generation Of Spectacles

    August 13, 2019 Snap Inc.With new 3D effects included for Snapchat use, Snap has reportedly introduced its third generation of wearable sunglass cameras called Spectacles. Users can, for instance, capture 3D snaps that have ...
  • Building A Luxury Omnichannel Consignment Experience

    August 13, 2019 Building Luxury Consignment Across ChannelsSome entrepreneurs enter the marketplace with the goal of changing the world – or at least the vertical where they have planted their flag. But Luxury Garage Sale Co-founders Brielle Buchberg and Lindsay ...
  • Back-To-School Season Fuels Retail Activity And Innovation

    August 13, 2019 student on campusYou can probably tell by the happy looks on all the children’s faces, but in case not — back-to-school season is upon us. Not only is it a big time ...
  • Amazon In Talks To Acquire Part Of India’s Future Retail Ltd.

    August 13, 2019 Amazon In Talks To Acquire Part Of India's Future Retail Ltd.As Amazon moves to strengthen its physical retail presence in India, the eCommerce retailer is reportedly in late-stage discussions to acquire up to 10 percent of Future Retail Ltd. The ...
  • Wish They All Could Be California Bots

    August 13, 2019 The Automated Delivery Robot RaceThe word “California” never fails to conjure up a mental image, though that will vary from person to person – some will think sun and sand, others will think movie ...
  • Why Faster Checkout Could Be The Key To Boosting Retail App Adoption

    August 13, 2019 In June, Costco launched a revamped digital membership app that allows members to use its mobile device rather than flashing a physical card upon entry and during checkout. Convenient? Yes. However, ...

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