Merchant Innovation

Merchant Innovation
Nipton, Calif., Goes To Pot, Literally
August 10, 2017

In real estate and in retail, location is everything. Malls operated on that theory for years: Put a few anchor stores in to draw foot traffic and the smaller ancillary stores feast on the revenue rewards of being close by. Of course the inverse effect...

Merchant Innovation
Hertz And Avis Eye Uber Impact, With Rough Road Ahead
August 10, 2017

Aging fleets, fickle car buyers and, of course, Uber and Lyft are all proving to be a perfect storm for rental stalwarts Hertz and Avis. But then again, if you can’t beat em, join em — and that’s a strategy that just might help avoid some...

Merchant Innovation
PayPal And Celebrating The Wonders Of Friendship
August 05, 2017

Friendship is one of life’s great pleasures, even if it does get the short end of the stick on occasion compared to romantic love. And love certainly has done wonderful things — the Taj Mahal is very impressive, Shakespeare’s sonnets are English language classics and, were...

Merchant Innovation
Blue Apron’s Move To NJ Facility Affecting 24 Percent Of Its Workforce
August 04, 2017

Just one month after its IPO, Blue Apron is closing a New Jersey facility and moving 1,270 jobs to a larger site opening in the state later this year. According to Bloomberg Technology, more than half of the employees at the Jersey City facility have...

Merchant Innovation
Supermarket Food Lion Launches New Mobile App
August 02, 2017

Supermarket operator Food Lion announced Tuesday (Aug. 1) it launched a new mobile app to make grocery shopping — and saving on grocery shopping through couponing and other perks — easier for customers across its ten-state footprint. In a news release, the company said the new mobile...

Merchant Innovation
Apple’s HomePod Firmware Leaks iPhone 8 Details
August 01, 2017

Apple has its HomePod to thank for leaks about the upcoming iPhone 8. That’s according to news from TechCrunch, which reported Apple released the firmware for its HomePod voice-activated speaker last week, and blogger Steve Troughton-Smith dissected it to glean information about the upcoming iPhone...

Merchant Innovation
Twitter Tests Subscription Service To Promote Tweets
July 31, 2017

Aiming to boost revenue after showing no user growth in its recently reported quarterly earnings, social media mogul Twitter has launched a beta version of a new subscription service that enables automatic promotions of tweets. On its website, the microblogging company noted with the new program,...

Merchant Innovation
Coffee Gets An AI Upgrade At Starbucks
July 31, 2017

Starbucks wants to prove how well it really knows you as its customers — or at least, how well its artificial intelligence can get to you know you — especially if you are a rewards member. The getting to know you (getting to know all...

Merchant Innovation
SEB Launches Voice-Activated Assistant Aida To Improve Customer Service
July 31, 2017

SEB AB, the largest bank in Sweden, is getting into the voice-activated digital assistant game with the launch of Aida. According to a news report in Bloomberg, Aida aims to free up time for humans to work on more complex tasks. “There are some frequent, simple tasks...