News

Retail
The Great Retail Conundrum: Easy Returns Are Costly, but Drive eCommerce Loyalty
September 17, 2021

As eCommerce has accelerated over the past 18 months, so too have the number of returns retailers are seeing, with consumers ordering multiple sizes to use their home as a dressing room or trying new brands to test out during the pandemic. Get the Full...

Retail
H-E-B Joins Store-in-a-Store Trend With New Jewelry Shop Partnership
September 17, 2021

The grocery store is no longer just for food shopping. Texas chain H-E-B, which operates more than 420 stores in Texas and Mexico, announced this week that it is partnering with retailer James Avery Artisan Jewelry to bring jewelry shops into its stores. Get the...

Retail
Augmented Reality Helping Build ‘Store of the Future’
September 17, 2021

Scrolling through social media, it’s easy to see how widespread the use of augmented reality (AR) has become. What once was considered to be a piece of science fiction now allows teenagers, millennials and anyone else with a smartphone to try on glasses, shoes and...

Retail
Sears to Close Final Store in Home State of Illinois
September 17, 2021

Sears will close its last Illinois-based department store Nov. 14, when the location in Simon Property Group’s Woodfield Mall shuts its doors for the final time, bringing an end to the retailer’s time in its home state. Get the Full Story Complete the form to...

Delivery
Dada Introduces Open Digital Logistics Platform
September 17, 2021

On-demand delivery and retail firm Dada Group is launching an open digital logistics platform using a software-as-a-service (SaaS) model to speed up the digitization of the on-demand delivery space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Vietnam COVID Crisis Cripples Coffee, Retail Supply Chains
September 17, 2021

Vietnam’s ongoing COVID crisis and extended lockdowns are crippling supply chains for coffee and retail brands, sending companies scrambling for alternatives outside of the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Merchant Innovation
Merchants Can Mitigate Supply Chain Woes With Extended Warranties? Clyde CEO Says Yes
September 17, 2021

When thinking about supply chain issues, extended warranties are probably not the first thing to come to mind — in fact, the two subjects seem to have little correlation. But Brandon Gell, CEO and co-founder of Clyde, said supply chains actually play “a serious role...

Digital Banking
JPMorgan to Debut Omniservice UK Digital Bank
September 16, 2021

J.P. Morgan Chase (JPMC) is planning to open in the U.K., debuting its first overseas retail bank in its more than 200-year history, the Financial Times (FT) reported Thursday (Sept. 16). The bank will be digital-only. Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
Palantir, Wejo Team on Connected Vehicle Platform
September 16, 2021

Palantir Technologies is working alongside connected vehicle data company Wejo in developing an integrated data ecosystem for the automotive industry, according to a report from Seeking Alpha. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...