On a recent episode of the podcast “Re/code Decode,” Jet.com CEO Marc Lore made some bold statements about the not-so-crazy idea of taking on Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In an age where developed world consumers are increasingly concerned with their food’s origin story, it is surprising, disturbing and terribly sad that the peel-and-eat shrimp many of us will be enjoying this holiday season has probably come to a supermarket shelf or a restaurant...
It might not be a large enough problem to warrant assembling a supergroup to record a song and raise awareness of it, but the fact is that many retailers don’t seem to know -- at least not if their security implementation is any indication --...
Once valued at around $1 billion, eCommerce startup Gilt has found its exit, a $250 million acquisition by Saks’ parent company, Hudson’s Bay Co. (HBC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Just how far can the sharing economy truly go? While Airbnb might have seemed like a far-fetched proposal several years ago, similar startups with slightly larger products are jockeying for power within an even more seemingly impractical market. Get the Full Story Complete the form...
When Black Friday still was the unchallenged official start to the holiday shopping season, retailers only had to worry about performing on that day to ensure strong sales for the entire quarter. Now, however, those anxieties are spread across weeks and even months of shopping....
It can seem like every startup and its venture capitalist mother has an artificial intelligence shopping assistant these days, but somehow the product hasn’t made as big a splash as expected with consumers. Perhaps — startup Mezi is banking on — shoppers need AI assistants not to find...
While consumers are more than happy to play around with the latest and greatest gadgets startups can dream up, if there’s one thing 2015 has shown the retail world, it’s that many shoppers are happy to buy everyday items as long as they get there...
In retail, as a general rule, big names attract massive headlines. Google any of the top ten retailers in the U.S, and you’ll pull up a slew of headlines. It’s not surprising. Big, just generally, gets the media’s attention. Get the Full Story Complete the...
