Although Amazon’s announcement that it was retiring the app and website of its Prime Now ultrafast delivery service and incorporating it into the main Amazon site was aimed at its millions of members, the strategic shift was also a competitive warning to rivals like Walmart and Target...
The PYMNTS IPO/SPAC Tracker finds relatively muted announcements of public listings in the payments/financial services space, with a bit more than two dozen bank listings and a bit more than a dozen payment firm listings year to date. Get the Full Story Complete the form...
Diners are flocking to U.S. restaurants as COVID restrictions ease, putting a strain on the supply of both food and labor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Farm-to-table platform Secai Marche, a Japanese startup, has hooked about $1.5 million in venture funding from Japan’s Rakuten Capital and Beyond Next Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Serving a bowl of cereal is hardly the most labor-intensive task, but that has not stopped Kellogg’s from automating the process. This as the packaged food giant debuts the Kellogg’s Bowl Bot, a robot that dispenses custom and pre-programmed cereal mixes into a bowl with...
MedPlus of India, an omnichannel retailer with over 1,800 stores, is planning an initial public offering (IPO) with a goal of raising 2,000 crore rupees, or about $300 million, Money Control reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
From a macro retailing perspective, Foot Locker’s earnings results for Q1 put a ribbon on a stellar week for U.S. retailing. Its success joined Macy’s, Walmart, Target and others in showing that the stimulus-fueled consumer is ready to spend as the economy reopens. But behind...
In order to understand this week’s chronicle of the battle of the retail titans, it’s necessary to understand the latest Big Tech battleground: music. Specifically, the different flavors of streaming music upgrades that are now coming to the fore, in which Amazon has a big...
VF Corporation, whose stable of brands include Dickies, Timberland, The North Face and Vans, reported that direct-to-consumer revenue fell 5 percent for the full year fiscal 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
