Autonomous retail startup Trigo is partnering with Google Cloud to advance its frictionless checkout technology. The partnership agreement will make Triago’s artificial intelligence (AI) technology for autonomous shopping available on Google Cloud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Netherlands-based global grocery giant Ahold Delhaize is taking control of its United States distribution. Its group of U.S. supply chain companies, ADUSA Supply Chain, announced Wednesday (June 23) that 85 percent of the chain will be self-distributed by the end of 2022. Get the Full...
With the launch of Gap Home on Walmart.com on Thursday (June 24), all eyes are on how Gap’s first foray and Walmart’s expansion further into home décor could shakeup an already competitive space. Get the Full Story Complete the form to unlock this article and...
The secondhand market is ready to explode, according to a report released Wednesday (June 23) by thredUP and GlobalData, with resale alone expected to grow 11 times faster than the broader retail clothing sector over the next five years. Get the Full Story Complete the...
GOAT, an eCommerce sneaker and apparel marketplace, wrapped up a $195 million Series F funding round. The firm achieved a $3.7 billion valuation with the round, more than doubling the $1.8 billion valuation it attained after its Series E round unveiled in September 2020, according...
Rite Aid, which has more than 2,500 retail pharmacy locations throughout 17 states, reported that revenues from continuing operations climbed by 2.2 percent to $6.16 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Back before the digital-first economy became a primary force, brick-and-mortar retailers staked their claim to the curious customer on their windows. In fact, as global retail consultant Debra Templar famously told her clients: “The first impression a person is going to get of your shop...
Snack food consumption surged during the height of the pandemic — after all, shoving a handful of gummy worms into your mouth may not solve the impending doom, but it sure can distract you for a moment. Now, however, as consumers begin to return to...
In today’s top retail news, Bed Bath & Beyond debuted another owned brand, while Perfect Corp. has integrated with Facebook. Plus, Nordstrom and Indochino are launching store-in-store shops. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
