As Supermercato24 seeks to expand its service to new retail markets, the Italian grocery delivery service has raised €13 million in Series B funding. The round was led by FII Tech Growth, along with 360 Capital Partners, Innogest and Endeavor Catalyst, according to reports. Get...
The 6.2 million-square-foot American Dream Miami — potentially the most expensive mall ever built — has received approval from officials in a Florida county. The project, which is being developed by Triple Five Worldwide Group of Companies, is estimated to come at a cost of $4 billion,...
In the latest Unattended Retail Tracker, Lee Mokri, co-founder of the smart vending startup, explains how unattended technology can help keep employees productive and well-fed while boosting both revenue and morale alike. Plus, the latest on McDonald’s and Shake Shack turning to in-store kiosks to...
With its initial public offering (IPO) on the horizon, BJ’s Wholesale Club said in a regulatory filing that it anticipates offering 37.5 million shares. The warehouse club retailer also said that it plans for each share to be issued in a range between $15 to...
Warehouse clubs may conjure up images of cavernous stores stocked high with merchandise as far as the eye can see, but Walmart’s Sam’s Club is taking a different approach with a new store in Texas. The new brick-and-mortar location will come chock-full of new retail...
Quick service restaurants (QSRs) are the consumer’s go-to for good food served fast. In fact, QSRs account for 57 percent of foot traffic across all restaurant segments. Convenience, price and food quality are the QSR’s main selling points, but what drives consumers to visit one particular...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Amazon’s furniture sales are on the move: A One Click Retail study found that the eCommerce retailer has more than tripled sales in that category since 2015. And, in 2017, furniture brought in approximately $4 billion, retail news source Chain Store Age reported. Get the...
Becoming an indirect, wholly owned subsidiary of JD Sports, Finish Line has completed its merger with the European retailer. As a result of the merger, Finish Line and JD Sports will create a multi-channel, multi-brand retailer “with expanded global scope,” according to Finish Line in...