While toilet paper seems like a product that should have been around for as long as there has been commerce, it actually is a fairly modern invention. Before 1857, the most common “toilet paper” in the United States actually consisted of pages from the Sears Roebuck...
Before Nick Chen helped start his hospitality subscription box company, ‘Welcome, he and his business partner took a trip with some friends. They stayed at a nice Airbnb apartment in San Diego in a luxury high-rise with four people staying in a four-bedroom, two-bath condo. Everything...
Retail sales in the U.S. decreased 0.3 percent September 2019, the first such decline in seven months, according to figures released Wednesday (Oct. 16) by the U.S. Commerce Department. The news comes amid ongoing fears of a recession and worries about trade wars. Get the...
With an eye toward logistics and financial services, MercadoLibre Inc. will reportedly invest over $718 million (3 billion reais) in Brazil next year. The Latin American eCommerce pioneer intends to invest more in its payments and financial services unit as it seeks partnerships and opens additional distribution...
At multiple restaurants operated by one of its franchisees, Outback Steakhouse is testing machine learning (ML) technology from Presto. The test is focused on the restaurant lobby, but could grow to the kitchen, curbside pickup and dining room areas, CNBC reported. Get the Full Story Complete the form to...
With simpler stores that offer fewer products at lower prices, German discount chains Aldi and Lidl have increased their sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Digital wellness brands are something of a dime a dozen these days on the web — whatever serum, treatment or regimen based on cutting-edge science, technology or ancient arcane wisdom you may have heard of is likely already available for sale from a DTC up-and-comer...
Flipkart is reportedly gearing up for the rollout of FarmerMart, a food business that would sell packaged food and locally produced products. While it’s not yet known if the company will have a digital shopping platform, it seems unlikely that the retailer would only use brick-and-mortar...
When it comes to retail innovation, it’s not just young consumers who are driving change — so are older shoppers and an aging population. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
