It turns out e-tailers aren’t going to consign real-world stores to the ash heap of history — at least not yet. Shoppers are increasingly returning to stores, according to online company executives at the Digital Life Design conference in Munich this week. Get the Full...
A hedge fund with stakes in both Staples and Office Depot is ratcheting up pressure on the office-supply rivals to merge, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Whole Foods is set to open seven new stores in the Chicago area that will each include in-store dining options and bars, in hopes that will give adult customers more reasons to visit, the Chicago Tribune reported. Get the Full Story Complete the form to...
Toronto-based startup Rubikloud has raised $7 million to help retailers use a big-data approach to customer analytics, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The outlook for the retail industry in 2015 looks bright, with lower gasoline prices and decreasing unemployment boding well for consumer spending, Kantar Retail is predicting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Apple Pay has gone live at yet another regional grocery group. The 217 Lucky, Save Mart and FoodMaxx supermarkets in Northern California and Nevada now all officially support Apple’s mobile payment system, their corporate parent announced on Thursday (Jan. 15). Get the Full Story Complete...
Instacart, the grocery delivery startup that just reached a $2 billion valuation, has quietly shifted its business model. Originally it decided on the markup for the products it delivered, but now it largely leaves pricing to the grocers and charges them a fee for its...
True Fit, a startup that guides online apparel shoppers by finding out what’s already in their closets, has passed 5 million users and raised $15 million, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
With the clock ticking down toward the October 2015 deadline for retailers to accept EMV chip payment cards, First Data said it will offer its customers EMV testing tools that have been certified by Visa and MasterCard. Get the Full Story Complete the form to...
