With cash use still popular in Europe, and the technology behind digital money remaining fragile, the European Central Bank (ECB) doesn’t intend to create a digital currency. Even so, the spread of cryptocurrencies have brought the idea of central banks issuing digital money to light,...
Luxury style and quality brands, offered at a more middle-class price point and sold directly to consumers, is increasingly crowded terrain in apparel retail. Modern Citizen, AYR and Everlane are among the best-known of the emerging brands appealing directly over digital channels to customer ranks...
Cashierless stores aren’t just for mega retailers like Amazon to sell prepared food from their kitchens or products from other producers: Beverage brands, among other companies, are getting into the action and choosing this checkout experience for stores that showcase their own products IRL (“in...
To provide customers with same-day grocery delivery, Instacart is working with Walmart Canada on a pilot in Winnipeg and Toronto. Customers will be able to order items from 17 stores with the program, according to reports. Get the Full Story Complete the form to unlock this...
Walmart has announced it is acquiring Cornershop, a leading online marketplace for on-demand delivery from supermarkets, pharmacies and specialty food retailers in Mexico and Chile. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
JLL found that mall rents in Q2 dropped 4.6 percent from the first quarter and 7.1 percent from one year prior. But, in terms of bringing in tenants, some malls fared better than others, Chain Store Age reported. Get the Full Story Complete the form...
Digitally native brands, Casper among them, have turned to pop-up shops to introduce their products to consumers through an offline experience. And, this week, an iconic American magazine, Good Housekeeping, said it was opening a pop-up shop of its own in the Mall of America...
The grocery Hunger Games are not new — for at least the last 18 months, and arguably for the last three years, the competition to be the dominant force in grocery has become incredibly active as various competitors have been beefing up their offerings to...
FinTechs are gaining traction in cross-border payments, and solutions are proliferating in the space to help firms manage foreign exchange (FX) risk as they also seek speed and security across payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
