The digital shift continues to sweep through the grocery industry, turning stores into omnichannel hubs. On Thursday (Oct. 7), Instacart announced the acquisition of catering software company FoodStorm. With the latter’s goal to open up additional revenue opportunities for grocers, helping to speed up their...
Aiming to meet so many of consumers’ routine needs, the convenience store model is something of a double-edged sword. On the one hand, this mission provides a whole host of sales opportunities every day. On the other, the more goods and services the store provides,...
Chinese consumers spent about 1.64 billion yuan ($252.3 million) on luxury goods at nine duty-free shops in southern island province Hainan in the first six days of the week-long National Day holiday that ended on Thursday (Oct. 7), according to a CNBC report. Get the...
A series of collaborations and partnerships are setting Adidas up to follow through on its digital and direct-to-consumer (D2C) growth ambitions, meeting consumers where they are instead of waiting for the feet to find them. Get the Full Story Complete the form to unlock this...
Walmart’s last-mile delivery network got a stamp of approval this week from rival retailer The Home Depot, which signed on be the first retail client to use the box store chain’s white-label delivery-as-a-service platform, called Walmart GoLocal. Get the Full Story Complete the form to...
After the launch of its first 4-star store in New York in 2018, Amazon has chosen the U.K.’s Bluewater shopping center in Kent as the location of its first 4-star shop outside the U.S. Get the Full Story Complete the form to unlock this article...
CarGurus on Friday (Oct. 8) announced it is expanding its Instant Max Cash Offer digital retailing feature to 11 new states and Washington, D.C., enabling nearly half of U.S. consumers to utilize the service. Get the Full Story Complete the form to unlock this article...
After years of falling traffic and struggling sales that culminated in last year’s bankruptcy filing, JCPenney is embarking on a massive push into the prestige beauty space, hoping to bring back customers and replace its former in-store partnership with Sephora. Get the Full Story Complete...
Costco has completed another round of high sales, with core same-store growth in September rising 10%, Seeking Alpha reported, citing UBS analyst Michael Lasser. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
