The race to win India’s eCommerce power player Flipkart is over and won by Walmart with a $15 billion bid on the firm. The deal will give Walmart of a majority stake in the firm, roughly 75 percent of the entire Flipkart group. The final outcome...
More retailers are adopting the view that closing stores isn’t a failure or a loss, but simply a pathway to greater success. Closing 10, 20 or 100 locations is simply a way to remove the weak links and focus more heavily on locations and strategies...
A new startup is looking to use facial recognition to disrupt the ticketing business and take on Ticketmaster. 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...
With MoviePass’ booming movie ticket subscription success, it’s unsurprising a competitor is looking to steal away some of their cinema-enthused customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Walmart is far along in discussions with Flipkart for a controlling stake in the Indian eCommerce marketplace, but Flipkart’s board hasn’t yet firmed up the deal. However, a source close to the matter said a resolution could happen in a matter of days, Reuters reported. Get the...
Buying secondhand sports gear isn’t as easy as it sounds. Neither is selling the kids’ old hockey skates or baseball bats. It may seem like perfect material for eBay, Craigslist, letgo or Facebook Marketplace, but according to SidelineSwap Co-Founder and CEO Brendan Candon, that can be...
Meal kit delivery service Blue Apron is trying to build momentum beyond the first quarter as it eyes new sales channels to attract more customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Brick-and-mortar stores can’t always offer the in-store experience to consumers at home, particularly if they have products that are meant to be picked up and admired from multiple angles. Vancouver’s Six Hundred Four, which sells limited-edition sneakers designed by artists, for example, has an in-store...
Cash&Carry Smart Foodservice announced it is rebranding to the name Smart Foodservice Warehouse Stores. The company said the change reflects more than 60 years of evolution in the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
