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...
Another lucrative week for the B2B FinTech space yielded more than $480 million in equity and venture capital funding. Alternative lending is making a comeback on the charts, while freelance FinServ also secured new backing, but it was the payroll technology arena that came out...
Enterprise modernization has been on the rise for decades, leading to a surge in IT spend as more businesses rely on sophisticated software and cloud-based solutions to manage operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
More than 60 percent U.S. consumers say an unexpected expense of $1,000 would put them in the red — meaning they could be a single delayed or poorly timed paycheck away from financial disaster. In this month’s Real-Time Payments Tracker, PYMNTS spoke with Ron Munkittrick,...
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